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198 W. Main Street, Millbury MA 01527

Millbury, MA 01527
$674,900
Est. $4,265/month
4
Beds
3
Baths
3,232
Sq Ft
$209
Price/Sq Ft
0.54
Acres
1850
Year Built
2
Garage Spaces
32
Days on Market
Pending Listed Jun 3, 2026 • MLS# 73529191 Copied! • Updated Jul 7, 2026

About this home

Great mortgage helper or investment property! Well maintained 3 family in West Millbury . 7 room, 2 bedroom unit on second floor is stunning, beautiful tray ceiling in kitchen, off-white cabinets, under cabinet lighting and hardwood floors! There is a kitchen, full dining room, living room, 2 bedrooms and 2 additional rooms on the upper level. Primary bedroom is spacious with a walk in closet and French door out to a composite deck overlooking a private quiet backyard! The other 2 units are 1 bedroom apartments, with living room kitchen and full bath. Separate utilities except water and sewer, updated electric panels. 2 car garage and enclosed front porch

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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

Property Timeline

📋
Status: Active under contract
Jun 23, 2026
Active → Active Under Contract
Pending Sale
Jun 23, 2026
Offer accepted, sale pending
👁️
Showing Instructions Updated
Jun 14, 2026
New showing requirements
🏠
Listed for Sale
Jun 3, 2026
$674,900
Original listing
Agent: Erika Creamer Office: REMAX Executive Realty

Tax History

Year Taxes Assessment
2026 $7,828 $599,900

Financial Details

Annual Property Tax
$7,828
Tax Year 2026
Assessed Value
$599,900

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style 3 Family
Year Built 1850
Living Area 3,232 sq ft
Lot Size 0.54 acres
Bedrooms 4
Full Baths 3
Total Rooms 13

Investment Metrics

Units 3
Unit 1 Rent $1,150/mo · N
Unit 2 Rent $1,350/mo · N
Unit 3 Rent $2,000/mo
Total Monthly Rent $4,500/mo
Gross Income $56,400
Net Operating Income $45,466
Operating Expenses $6,134
Electric Expense $240
Insurance Expense $3,771
Cap Rate 6.74%
Heating Electric, Natural Gas
Cooling None
Flooring None
Appliances Range, Refrigerator, Washer, Dryer, Dishwasher
Fireplace None
Basement Sump Pump
Laundry None
Features Living Room, Kitchen, Laundry Room, Dining Room, Office/den
Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch, Enclosed, Deck
Garage Spaces 2
Has Garage Yes
Features Off Street
Total Spaces 8
Electric None
Water Public
Sewer Private Sewer
Gas None
Other None

Financial

Annual Tax $7,828
Assessed Value $599,900
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Some Pictures Are From Prior To Current Tenants, Rents Are Lower Than Market Value, Frontage Is On Row See Plan Attached
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Worcester
Total market time (incl. prior listings) 34 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1850
Bedrooms
4
Full Bathrooms
3
Living Area
3,232 sq ft
Total Rooms
13
Stories
4
Levels
4

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: Range, Refrigerator, Washer, Dryer, Dishwasher
Interior Features: Living Room, Kitchen, Laundry Room, Dining Room, Office/Den
Windows:
Basement: Sump Pump
Laundry:
Security:

Construction & Materials

Year Built: 1850
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Stone
Stories: 4

Heating, Cooling & Utilities

Heating: Electric, Natural Gas
Cooling:
Hot Water:
Water Source: Public
Sewer: Private Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch, Enclosed, Deck
Fencing:
Other Structures:
Lot Features: Cleared
Road Surface:

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 8
Parking Features: 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
C+
Raymond E Shaw Elementary School
0.9 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
Assumption School
1.6 mi
Grades PK-08
One School Global
1.9 mi
Grades 03-12
B
Elmwood Street School
1.1 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
2.1 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
Learn about these ratings

Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $652
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

198 W. Main Street, Millbury MA 01527

Millbury, MA 01527

Listing Information

Listing Agent Erika Creamer
Listing Office REMAX Executive Realty
Office Phone 508-839-9219
Agent MLS ID K9500408
Office MLS ID K01275
Listing Data Updated Jul 7, 2026 3:30 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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