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1495 Grafton Rd, Millbury MA 01527

$529,000

Estimated $1,281/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $264,500

Total Rent: 50400/year

Estimated CAP Rate:

4 Bedrooms

Baths

1994

Total Parking: 4

0 (0.00)

Bring Your Vision and Unlock the Potential of This Spacious Two-Family Property.Conveniently situated on a corner lot in a highly desirable commuter location, this multi-family home offers endless possibilities for investors, contractors, business owners, or owner-occupants looking to build equity. Located just 5 minutes from the Massachusetts Turnpike (I-90) and 6 minutes from Route 20, this property provides exceptional access to major highways, shopping, dining, and local amenities.This property features two separate living units and offers incredible flexibility for residential living, rental income, or potential home-based business opportunities (subject to local zoning and approvals).Main Unit Features:•Spacious 4-bedroom layout•1.5 bathrooms•Open-concept living room and dining room combination•Beautiful hardwood flooring•Generously sized second-floor bedrooms•Ample closet space throughout•Vaulted ceiling in the primary bedroom•Excellent floor plan with room to customize and modernizeSecond Unit Features:•Comfortable 1-bedroom, 1-bathroom apartment•Functional kitchen and dining area combination•Ideal for rental income, extended family, or guest accommodationsAdditional Highlights:•Corner lot with great visibility and accessibility•Strong income-producing potential•Excellent commuter location•Separate living spaces•Opportunity for value-add improvements•Perfect project for investors, renovators, or owner-occupants seeking sweat equityProperty ConditionThe home requires updates and renovations, including replacement windows and a roof that may need attention. With the right improvements, this property presents an outstanding opportunity to significantly increase value and maximize its potential.Being sold strictly "AS IS."Whether you're looking for your next investment property, a multi-generational living arrangement, or a project with exceptional upside, this two-family home offers the location, size, and flexibility to make your vision a reality.Don't miss this rare opportunity to transform a well-located property with unlimited potential into something truly special. Schedule your showing today!

This home has been viewed 9 times

Last Checked: October 23rd, 2026 at 6:58pm (Source: MLS PIN #73592689)

Gross Income: $50,400

Gross Expenses: $5,073

Net Income Calc: $45,327

Water Views

Annual Expenses for 1495 Grafton Rd, Millbury MA 01527

Total Gross Expenses (Calculated)$5,073/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5073

Annual Income & Unit Breakdown for 1495 Grafton Rd, Millbury MA 01527

Total Gross Income (Calculated)$50,400

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

Rent Includes

General Information for 1495 Grafton Rd, Millbury MA 01527

Listing ID73592689

Property TypeMulti Family

Price529000 ($265.3/SqFt)

StyleMulti Family

CityMillbury

CountyWorcester

Neighborhood(s)

Approximate Living Area Total1994

Approximate Lot Size (Acres)0

Total Parking4

Garage Parking0

Year Built1945

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

Zoningcommercial

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 1495 Grafton Rd, Millbury MA 01527

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOther

ExclusionsSurveillance Devices

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 1495 Grafton Rd, Millbury MA 01527

Real Estate Taxes5073

Tax Year2025

Assessed Value$378,900

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 1495 Grafton Rd, Millbury MA 01527

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 1495 Grafton Rd, Millbury MA 01527

Agent

Name: Menahem Ben Bichotte

Office

Name: Coldwell Banker Realty - Worcester

Phone: 508-795-7500

Payment Calculator

, Interest

Property Taxes 422.75

Principal & Interest 3259.53

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Worcester

Menahem Ben Bichotte

Agent Phone

Office Phone

(508) 795-7500

Text Agent Call Agent Call Office

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EXIT

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