1495 Grafton Rd, Millbury MA 01527

Millbury, MA 01527
$529,000
Est. $3,298/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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4
Beds
2.5
Baths
1,994
Sq Ft
$265
Price/Sq Ft
0.00
Acres
1945
Year Built
4
Parking
New today
Time on Market
For Sale Listed Oct 19, 2026 • MLS# 73592689 Copied! • Updated Oct 19, 2026

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About this home

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!

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 20, 2026
$529,000
Original listing
Agent: Menahem Ben Bichotte Office: Coldwell Banker Realty - Worcester

Tax History

Year Taxes Assessment
2025 $5,073 $378,900

Financial Details

Annual Property Tax
$5,073
Tax Year 2025
Assessed Value
$378,900

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1945
Living Area 1,994 sq ft
Lot Size 0.0000
Stories 3
Bedrooms 4
Full Baths 2
Half Baths 1
Total Rooms 12

Investment Metrics

Units 2
Unit 1 Rent $1,200/mo · N
Unit 2 Rent $3,000/mo · N
Total Monthly Rent $4,200/mo
Gross Income $50,400
Net Operating Income $50,400
Cap Rate 9.53%
Heating None
Cooling None
Flooring Wood
Appliances Range, Refrigerator, Washer, Dryer
Fireplace None
Basement Full
Laundry None
Features Living Room, Dining Room, Kitchen, Laundry Room
Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive, Off Street
Total Spaces 4
Electric 110 Volts, 220 Volts, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,073
Assessed Value $378,900
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint None, Certified Treated
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Other
Documents None
County Worcester

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1945
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,994 sq ft
Total Rooms
12
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Wood
Appliances: Range, Refrigerator, Washer, Dryer
Interior Features: Living Room, Dining Room, Kitchen, Laundry Room
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1945
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Stone
Stories: 3

Utilities & Systems

Heating:
Heating Zones: 1
Cooling:
Hot Water: Oil
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Off Street
School District
Millbury School District local
C+
✓ School Safety 2024-25
2.6% Average
2.6% Suspensions 1.6% In-School
↓ 2.9% below state avg
E

Elementary Schools

4 schools
Assumption School
3.0 mi
Grades PK-08
One School Global
3.6 mi
Grades 03-12
C+
Raymond E Shaw Elementary School
3.6 mi | #559 of 825 | Score: 42.7
Dropped 154 spots from last year
-15.5 below state avg
495 students Moderate
Strong Attendance
Grades 03-06
B
Elmwood Street School
3.4 mi | #348 of 825 | Score: 60.8
Same rank as last year
Limited historical data for year-over-year comparison
430 students Diverse
Grades PK-02
H

High Schools

1 school
B
Millbury Junior/Senior High School
2.5 mi | #162 of 346 | Score: 54.7
Improved 48 spots from last year
-3.5 below state avg
691 students Moderate
13 sports • 1,138 athletes
Strong AP Program Rising School College Ready Curriculum
Grades 07-12
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Including down payment
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $423
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

1495 Grafton Rd, Millbury MA 01527

Millbury, MA 01527

Listing Information

Listing Agent Menahem Ben Bichotte
Listing Office Coldwell Banker Realty - Worcester
Office Phone 508-795-7500
Agent MLS ID K9503320
Office MLS ID AN6245
Listing Data Updated Oct 19, 2026 11:35 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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