Meet your next value add project. Located at the end of a dead-end street, this legal two-family offers two 3-bedroom, 1-bath units, separate electric meters, laundry in each unit, town sewer, and off-street parking for at least four vehicles on a .2-acre lot. The property will be delivered vacant, giving the next owner a clean starting point for renovation. The opportunity here is in the numbers and the finished product. With three-bedroom apartments in the area renting over $2,000 per month, the property offers potential for an investor looking to renovate, stabilize, and hold. Another path is to take on the renovation with a resale strategy in mind. The location adds to the equation, with convenient access to Route 122, Route 20, and the Mass Pike. The property is in need of substantial renovation, inside and out, and should be approached accordingly. The existing heating systems include electric heat on the second floor and oil baseboard on the first floor. Buyers should perform their own due diligence regarding condition, renovation costs, rental projections, and future value. Cash or hard-money financing preferred. If you're looking for a move-in-ready property, this isn't it. If you're looking for a two-family project where the work creates the opportunity, this one is worth a look. First buyer got within a few days of closing and walked away before the courts issued the license to sell document, their loss, your gain.
This home has been viewed 7 times
Last Checked: November 2nd, 2026 at 8:53pm (Source: MLS PIN #73502046)
Gross Income: $0
Gross Expenses: $4,131
Net Income Calc: $4,131
Water Views
Annual Expenses for 22 Wildwood Rd, Millbury MA 01527
Total Gross Expenses (Calculated)$4,131/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4131
Annual Income & Unit Breakdown for 22 Wildwood Rd, Millbury MA 01527
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 22 Wildwood Rd, Millbury MA 01527
Listing ID73502046
Property TypeMulti Family / 2 Family
Price289900 ($147.46/SqFt)
Style2 Family - 2 Units Up/down
CityMillbury
CountyWorcester
Neighborhood(s)
Approximate Living Area Total1966
Approximate Lot Size (Acres)0.2
Total Parking3
Garage Parking0
Year Built1920
Year Built SourcePublic Records
Year Built DetailsActual
WaterOther
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
Zoning.
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 22 Wildwood Rd, Millbury MA 01527
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWall Mounted Vac In Garage. Hose Reels. Tv Wall Mounts. Japanese Maple Tree.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 22 Wildwood Rd, Millbury MA 01527
Real Estate Taxes4131
Tax Year2025
Assessed Value$308,500
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 22 Wildwood Rd, Millbury MA 01527
Elementary SchoolElmwood St School
Middle SchoolRe Shaw Elementary School
High SchoolMillbury Jr/Sr High School
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 22 Wildwood Rd, Millbury MA 01527