247 Millbury Ave Millbury — Photo 1 of 39
$625,000
Investment Analysis — 247 Millbury Ave
Millbury, MA 01527
Based on rent reported on the MLS listing, a 3-unit multi-family in 01527 carries $5,350/mo in gross rent — about a 6.59% cap rate and $41,168/yr in estimated NOI at the $625,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3
SqFt
3,082
Style
3 Family - 3 Units Up/Down
Built
1880
Well-maintained three-family property situated on a sprawling half-acre parcel with a fenced-in backyard and plenty of off-street parking! The first unit offers 2 bedrooms and a full bath and has been beautifully renovated throughout, with a private deck and direct access to the backyard. The second first-floor unit has also been updated and features 1 bedroom, a granite kitchen and full bath. The second level is home to the third unit, offering 2 bedrooms, a full bath and an additional room ideal for a home office or flex space. All three units feature spacious family rooms and the convenience of in-unit laundry. Vinyl siding, ample parking and a large outdoor space add to the appeal. Convenient commuter location with easy access to major routes, shopping and area amenities. A fantastic opportunity for an investor or owner-occupant!
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Microwave • Refrigerator • Washer • Dryer • Dishwasher
Neighborhood
Shopping • Highway Access • House of Worship • Public School
Geography
Listing Agent: Tara Cassery
Listing Office: ERA Key Realty Services - Westborough
MLS® Number: 73579009
