A true hidden gem! Spacious, multi-unit home tucked away on 3.7 acres of land in South Lancaster! This home is comprised of 3 units & offers a wonderful opportunity for those seeking multi-generational living or in need of an au-pair suite/guest quarters. Constructed around 2006, units 2 & 3 have been well-maintained and are move-in ready. They mirror each other in layout, however, vary slightly to give each one its own character. Unit 2 has been freshly painted & bonus rooms can be found in the lower level. Unit 1, the original dwelling, is in need of rehabilitation & may lend expansion possibilities. The vast, open space of the property is outlined by beautiful mature trees & a few fruit trees are scattered within. A barn & plenty of land for vegetable gardens provides opportunity to channel your inner farmer. Create the backyard oasis of your dreams! The location affords privacy yet is conveniently in close proximity to local area amenities & major routes (2, 117, 495, 190).
This home has been viewed 62 times
Last Checked: May 7th, 2024 at 1:06am (Source: MLS PIN #73040247)
Gross Income: $0
Gross Expenses: $8,480
Net Income Calc: $8,480
Water Views
Annual Expenses for 332 Mill St, Lancaster MA 01523
Total Gross Expenses (Calculated)$8,480/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8480
Annual Income & Unit Breakdown for 332 Mill St, Lancaster MA 01523
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms2 Full
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit2
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 332 Mill St, Lancaster MA 01523
Listing ID73040247
Property TypeMulti Family / 3 Family
Price695000 ($189.48/SqFt)
Style3 Family
CityLancaster
CountyWorcester
Neighborhood(s)
Approximate Living Area Total3668
Approximate Lot Size (Acres)3.7
Total Parking6
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate,Renovated Since
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
Zoning101
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 332 Mill St, Lancaster MA 01523
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
ExclusionsPersonal Belongings
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation1
Compensation Based OnNet Sale Price
Financial Information for 332 Mill St, Lancaster MA 01523
Real Estate Taxes8480
Tax Year2022
Assessed Value$436,000
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 332 Mill St, Lancaster MA 01523
Elementary SchoolMary Rowlandson
Middle SchoolLuther Burbank
High SchoolNashoba Reg.
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 332 Mill St, Lancaster MA 01523