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5 Mill St, Northborough MA 01532

$1,395,000

Estimated $3,161/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $465,000

Total Rent: 44400/year

Estimated CAP Rate:

5 Bedrooms

Baths

4715

Total Parking: 9

14,375 (0.33)

FULLY RENOVATED READY TO START EARNING YOU MONEY! This Beautiful Three Family in the heart of Northborough is complete & ready for you. Two residential units and One Commercial unit. Unit 1 - 2 bedroom, 2 full & 1/2 bath, Brand new kitchen with all new appliances, white cabinetry w/ granite countertops includes a large seating area. 1st floor large main bedrm w/ large full bathrm. The main bedrm has a deck overlooking a pond & waterfall. Beauty and serenity abounds w/ much wild life. Open floor plan includes a large living/family room for entertaining. 1 bedrm & 2 addition rooms on the 2nd level w/ another full bathrm, 500sq ft private courtyard & patio. Unit 2 - 3 bed, 2.5 bath. Unit 3 - Commercial w/ 5 large rooms, including 1.5 bathms. There is plenty of parking. Great Walking Score - to many stores, restaurants, etc. Close to rt 20, public golf (Juniper Hill Golf Course), parks, schools & other major roads. Very large full basement w/ high ceiling great for extra storage.

This home has been viewed 12 times

Last Checked: August 3rd, 2026 at 4:28am (Source: MLS PIN #73546374)

Gross Income: $44,400

Gross Expenses: $10,793

Net Income Calc: $33,607

Waterfront

Annual Expenses for 5 Mill St, Northborough MA 01532

Total Gross Expenses (Calculated)$10,793/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax10793

Annual Income & Unit Breakdown for 5 Mill St, Northborough MA 01532

Total Gross Income (Calculated)$44,400

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms2 Full, 1 Half

Floor2

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full, 1 Half

Floor1

Levels in Unit2

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms1 Full, 1 Half

Levels in Unit1

Rent Includes

General Information for 5 Mill St, Northborough MA 01532

Listing ID73546374

Property TypeMulti Family / 3 Family

Price1395000 ($295.86/SqFt)

Style3 Family - 3 Units Side By Side

CityNorthborough

CountyWorcester

Neighborhood(s)

Approximate Living Area Total4715

Approximate Lot Size (Acres)0.33

Total Parking9

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsRenovated Since

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningDB

Water Views

Water Views Features

Waterfront1

Waterfront FeaturesRiver

Terms

Disclosures for 5 Mill St, Northborough MA 01532

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher / Dryer

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 5 Mill St, Northborough MA 01532

Real Estate Taxes10793

Tax Year2025

Assessed Value$757,400

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 5 Mill St, Northborough MA 01532

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 5 Mill St, Northborough MA 01532

Agent

Name: Dee Kerner

Office

Name: Compass

Phone: 617-206-3333

Payment Calculator

, Interest

Property Taxes 899.42

Principal & Interest 8595.55

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

Dee Kerner

Agent Phone

Office Phone

(617) 206-3333

Text Agent Call Agent Call Office

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EXIT

39 More Photos

Active

5 Mill St, Northborough MA 01532

$1,395,000

Annual Expenses for 5 Mill St, Northborough MA 01532

Annual Income & Unit Breakdown for 5 Mill St, Northborough MA 01532

General Information for 5 Mill St, Northborough MA 01532

Disclosures for 5 Mill St, Northborough MA 01532

Financial Information for 5 Mill St, Northborough MA 01532

Location Information for 5 Mill St, Northborough MA 01532

Contact Information for 5 Mill St, Northborough MA 01532

Agent

Office

Payment Calculator

Exclusive Listing Agent

Compass

Dee Kerner