166 Millbury Ave, Millbury MA 01527

Millbury, MA 01527
$479,999
Est. $2,856/month
2
Beds
1.5
Baths
2,470
Sq Ft
$194
Price/Sq Ft
0.37
Acres
1919
Year Built
15
Parking
48
Days on Market
Pending Listed Jun 2, 2026 • MLS# 73528305 Copied! • Updated Jul 22, 2026

About this home

Rare mixed-use opportunity offering flexibility for investors, business owners, and owner-occupants. Situated on a huge lot with tons of parking, this property has a 1st floor commercial space currently configured as a salon and a spacious residential unit above. The commercial space has multiple stations, wash sinks, waiting area, laundry , and a restroom - ideal salon, barber, office, or retail space. The 2nd floor apartment offers generous living space with 2 bedrooms, large living and dining areas, and a unique loft. Separate utilities provide flexibility for owner occupancy or rental income. Conveniently located with easy access to Rt 20, Rt 146, the Pike, shopping, restaurants, and local amenities. Whether you’re looking to operate your business downstairs while living upstairs, add a mixed-use asset to your portfolio, or explore redevelopment potential, this property presents a unique opportunity in a desirable Millbury location. Seller is open to a lease-back for investors.

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

📋
Status: Active under contract
Jul 8, 2026
Active → Active Under Contract
Pending Sale
Jul 4, 2026
Offer accepted, sale pending
Current Active Listing - MLS #73528306
Full transaction history available when tracking began
🏡
Currently Listed
Jun 2, 2026
$479,999
MLS #73528306 - Active
🏠
Listed for Sale
Jun 2, 2026
$479,999
Original listing
Agent: Vision Realty Group Office: LAER Realty Partners

Tax History

Year Taxes Assessment
2026 $2,742 $213,060

Financial Details

Annual Property Tax
$2,742
Tax Year 2026
Assessed Value
$213,060

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1919
Living Area 2,470 sq ft
Lot Size 0.37 acres
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 8

Investment Metrics

Units 2
Unit 1 Rent $2,000/mo · N
Unit 2 Rent $1,800/mo · N
Total Monthly Rent $3,800/mo
Gross Income $45,600
Net Operating Income $45,600
Cap Rate 9.50%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive
Total Spaces 15
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $2,742
Assessed Value $213,060
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures **do Not Enter Or Walk The Property Without A Confirmed Appointment**property Can Be Delivered Vacant Or On Lease-back Terms With Seller.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Worcester
Total market time (incl. prior listings) 50 days

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1919
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
2,470 sq ft
Total Rooms
8
Stories
2
Levels
2

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1919
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter
Stories: 2

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 15
Parking Features: Paved Drive
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
1.4 mi
Grades PK-08
C+
Raymond E Shaw Elementary School
2.1 mi | #576 of 824 | Score: 42.0
Dropped 171 spots from last year
-16.2 below state avg
454 students Moderate
Strong Attendance
Grades 03-06
One School Global
2.1 mi
Grades 03-12
B
Elmwood Street School
1.9 mi | #348 of 824 | Score: 60.8
Same rank as last year
Limited historical data for year-over-year comparison
455 students Diverse
Grades PK-02
H

High Schools

1 school
B
Millbury Junior/Senior High School
0.9 mi | #171 of 346 | Score: 53.5
Improved 39 spots from last year
-4.7 below state avg
722 students Moderate
13 sports • 1,138 athletes
Rising School College Ready Curriculum
Grades 07-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $229
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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

166 Millbury Ave, Millbury MA 01527

Millbury, MA 01527

Listing Information

Listing Agent Vision Realty Group
Listing Office LAER Realty Partners
Office Phone 844-687-5237
Agent MLS ID TM315454
Office MLS ID AN5290
Listing Data Updated Jul 22, 2026 3:05 AM 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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