** Multiple offers. Please submit all offers by Friday. May 15th.**Amazing opportunity to own prime real estate in downtown Millbury! Stunning Greek Revival Mixed used building with architectural details throughout! 2 story columns, wrought iron fence, granite, stunning woodwork. This property was formerly a 4 family and is now 3 units, first floor is beautiful commercial space with a salon occupying it and 2nd floor offers one 2 bedroom and a 1 bedroom apartment. Both apartments offer gleaming hardwood floors, huge windows, and updated kitchens and baths! Large parking lot in back plus municipal lots on both sides for more parking! 4 boilers-Natural gas heat, separate electric, town water and sewer, brick walk way and fenced front yard! Many uses! Call for a private showing!
This home has been viewed 10 times
Last Checked: June 17th, 2026 at 6:58am (Source: MLS PIN #73505081)
Gross Income: $79,200
Gross Expenses: $6,845
Net Income Calc: $72,355
Water Views
Annual Expenses for 122 Elm St, Millbury MA 01527
Total Gross Expenses (Calculated)$6,845/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6845
Annual Income & Unit Breakdown for 122 Elm St, Millbury MA 01527
Total Gross Income (Calculated)$79,200
Unit 1
Rental Income$0
LeaseY
Bedrooms0
Bathrooms1 Half
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 122 Elm St, Millbury MA 01527
Listing ID73505081
Property TypeMulti Family / 3 Family
Price775000 ($191.45/SqFt)
Style3 Family
CityMillbury
CountyWorcester
Neighborhood(s)
Approximate Living Area Total4048
Approximate Lot Size (Acres)0.52
Total Parking12
Garage Parking0
Year Built1830
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningB1
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 122 Elm St, Millbury MA 01527
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher And Dryer Excluded. Curtain Rods In Primary Belong To Stager.
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 122 Elm St, Millbury MA 01527
Real Estate Taxes6845
Tax Year2025
Assessed Value$511,200
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 122 Elm St, Millbury MA 01527
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 122 Elm St, Millbury MA 01527