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2-6 Pond Terrace, Millbury MA 01527

$489,900

Estimated $1,266/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $163,300

Total Rent: 28272/year

Estimated CAP Rate:

3 Bedrooms

Baths

1440

Total Parking: 3

3,220 (0.07)

Rare opportunity to own a truly unique multifamily property featuring three standalone cottages directly across from Dorothy Pond in Millbury! Each cottage offers comfortable single-level living with its own bedroom, living room, kitchen, bath, in-unit laundry, and dedicated off-street parking space. Residents will enjoy beautiful water views! Recent updates include a mini-split replacement in Unit 6 (2023), while the mini-splits in Units 2 and 4 were serviced in 2025. Whether you're looking to expand your investment portfolio or own a one-of-a-kind income-producing property in a desirable lakeside setting, this is an opportunity you won't want to miss.

This home has been viewed 17 times

Last Checked: June 15th, 2026 at 5:20am (Source: MLS PIN #73533786)

Gross Income: $28,272

Gross Expenses: $5,656

Net Income Calc: $22,616

Water Views

Annual Expenses for 2-6 Pond Terrace, Millbury MA 01527

Total Gross Expenses (Calculated)$5,656/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5656

Annual Income & Unit Breakdown for 2-6 Pond Terrace, Millbury MA 01527

Total Gross Income (Calculated)$28,272

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

General Information for 2-6 Pond Terrace, Millbury MA 01527

Listing ID73533786

Property TypeMulti Family / 3 Family

Price489900 ($340.21/SqFt)

Style3 Family

CityMillbury

CountyWorcester

Neighborhood(s)

Approximate Living Area Total1440

Approximate Lot Size (Acres)0.07

Total Parking3

Garage Parking0

Year Built1950

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR

Water ViewsYes

Water Views FeaturesBay

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 2-6 Pond Terrace, Millbury MA 01527

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsBasement Fridge

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 2-6 Pond Terrace, Millbury MA 01527

Real Estate Taxes5656

Tax Year2026

Assessed Value$439,500

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 2-6 Pond Terrace, Millbury MA 01527

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 2-6 Pond Terrace, Millbury MA 01527

Agent

Name: Julia Connolly

Office

Name: Lamacchia Realty, Inc.

Phone: 781-786-8080

Payment Calculator

, Interest

Property Taxes 471.33

Principal & Interest 3018.61

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lamacchia Realty, Inc.

Julia Connolly

Agent Phone

Office Phone

(781) 786-8080

Text Agent Call Agent Call Office

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EXIT

21 More Photos

Active

2-6 Pond Terrace, Millbury MA 01527

$489,900

Annual Expenses for 2-6 Pond Terrace, Millbury MA 01527

Annual Income & Unit Breakdown for 2-6 Pond Terrace, Millbury MA 01527

General Information for 2-6 Pond Terrace, Millbury MA 01527

Disclosures for 2-6 Pond Terrace, Millbury MA 01527

Financial Information for 2-6 Pond Terrace, Millbury MA 01527

Location Information for 2-6 Pond Terrace, Millbury MA 01527

Contact Information for 2-6 Pond Terrace, Millbury MA 01527

Agent

Office

Payment Calculator

Exclusive Listing Agent

Lamacchia Realty, Inc.

Julia Connolly