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131 Elm St., Millbury MA 01527

$1,050,000

Estimated $2,403/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $262,500

Total Rent: 90000/year

Estimated CAP Rate:

7 Bedrooms

Baths

4849

Total Parking: 10

51,400 (1.18)

Rarely does an opportunity like this come to market. Offered as 2 parcels, 131 and 133 Elm Street deliver a remarkable investment in the heart of Millbury. A prominent landmark since 1860, this stunning Federalist structure is architecturally significant, beautifully maintained, and perfectly positioned with direct access to Route 146, minutes from Worcester and I-90. 131 Elm is a mixed use building featuring 1 commercial suite with sub tenant and 3 residential units that are anything but standard. Spacious, bright and beautifully updated, these residences feel more like townhomes than apartments. A stunning backyard with patio, professional landscaping, and a large attached barn with build-out potential round out this exceptional property. 133 Elm adds an adjoining 0.49 acre residentially developable lot, a rare find and significant value add for the savvy investor. Millbury is a thriving community with small town charm and exceptional accessibility.

This home has been viewed 10 times

Last Checked: June 21st, 2026 at 7:38am (Source: MLS PIN #73521867)

Gross Income: $90,000

Gross Expenses: $8,406

Net Income Calc: $81,594

Annual Expenses for 131 Elm St., Millbury MA 01527

Total Gross Expenses (Calculated)$8,406/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8406

Annual Income & Unit Breakdown for 131 Elm St., Millbury MA 01527

Total Gross Income (Calculated)$90,000

Unit 1

Rental Income$0

LeaseN

Bedrooms0

Bathrooms1 Half

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit2

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

Rent IncludesHeat

General Information for 131 Elm St., Millbury MA 01527

Listing ID73521867

Property TypeMulti Family / 4 Family

Price1050000 ($216.54/SqFt)

Style4 Family - 4 Units Up/down

CityMillbury

CountyWorcester

Neighborhood(s)

Approximate Living Area Total4849

Approximate Lot Size (Acres)1.18

Total Parking10

Garage Parking0

Year Built1860

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR1

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 131 Elm St., Millbury MA 01527

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsChicken Run

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 131 Elm St., Millbury MA 01527

Real Estate Taxes8406

Tax Year2024

Assessed Value$653,130

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 131 Elm St., Millbury MA 01527

Elementary SchoolElmwood

Middle SchoolMillbury Junior/Senior Hs

High SchoolMillbury Junior/Senior Hs

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 131 Elm St., Millbury MA 01527

Agent

Name: Sheila Brady-Savard

Office

Name: Northbound Realty Co

Phone: 508-243-8044

Team Members

Payment Calculator

, Interest

Property Taxes 700.5

Principal & Interest 6469.77

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Northbound Realty Co

Sheila Brady-Savard

Agent Phone

Office Phone

(508) 243-8044

Text Agent Call Agent Call Office

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    [unparsed] => 131 Elm St., Millbury MA 01527
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EXIT

39 More Photos

Active

131 Elm St., Millbury MA 01527

$1,050,000

Annual Expenses for 131 Elm St., Millbury MA 01527

Annual Income & Unit Breakdown for 131 Elm St., Millbury MA 01527

General Information for 131 Elm St., Millbury MA 01527

Disclosures for 131 Elm St., Millbury MA 01527

Financial Information for 131 Elm St., Millbury MA 01527

Location Information for 131 Elm St., Millbury MA 01527

Contact Information for 131 Elm St., Millbury MA 01527

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Northbound Realty Co

Sheila Brady-Savard