247 Millbury Ave, Millbury MA 01527

Millbury, MA 01527
$625,000
Est. $3,996/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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5
Beds
3
Baths
3,082
Sq Ft
$203
Price/Sq Ft
0.51
Acres
1880
Year Built
6
Parking
12 hours 23 minutes
Time on Market
For Sale Open House Listed Sep 17, 2026 • MLS# 73579009 Copied! • Updated Sep 17, 2026

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Open House Schedule

20
Sep
Sunday, September 20
1:00 PM - 2:30 PM EDT
19
Sep
Saturday, September 19
1:00 PM - 2:30 PM EDT

About this home

Well-maintained three-family property situated on a sprawling half-acre parcel with a fenced-in backyard and plenty of off-street parking! The first unit offers 2 bedrooms and a full bath and has been beautifully renovated throughout, with a private deck and direct access to the backyard. The second first-floor unit has also been updated and features 1 bedroom, a granite kitchen and full bath. The second level is home to the third unit, offering 2 bedrooms, a full bath and an additional room ideal for a home office or flex space. All three units feature spacious family rooms and the convenience of in-unit laundry. Vinyl siding, ample parking and a large outdoor space add to the appeal. Convenient commuter location with easy access to major routes, shopping and area amenities. A fantastic opportunity for an investor or owner-occupant!

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Sep 17, 2026
$625,000
Original listing
Agent: Tara Cassery Office: ERA Key Realty Services - Westborough

Tax History

Year Taxes Assessment
2026 $7,624 $592,400

Financial Details

Annual Property Tax
$7,624
Tax Year 2026
Assessed Value
$592,400

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1880
Living Area 3,082 sq ft
Lot Size 0.51 acres
Stories 3
Bedrooms 5
Full Baths 3
Total Rooms 12

Investment Metrics

Units 3
Unit 1 Rent $1,200/mo · N
Unit 2 Rent $2,400/mo · N
Unit 3 Rent $1,750/mo · N
Total Monthly Rent $5,350/mo
Gross Income $64,200
Net Operating Income $55,441
Operating Expenses $8,759
Water/Sewer Expense $2,285
Insurance Expense $3,194
Cap Rate 8.87%
Heating Natural Gas
Cooling Window Unit(s)
Flooring Vinyl, Carpet, Hardwood, Wood
Appliances Range, Microwave, Refrigerator, Washer, Dryer, Dishwasher
Fireplace None
Basement Bulkhead, Unfinished
Laundry Electric Dryer Hookup, Washer Hookup
Features Ceiling Fan(s), Stone/granite/solid Counters, Bathroom With Tub & Shower, Living Room, Kitchen, Laundry Room, Mudroom, Office/den
Construction None
Architecture None
Roof Shingle
Features Rain Gutters, Professional Landscaping
Pool None
Spa None
Fencing Fenced
Patio/Porch Deck
Features Off Street, Paved, Unpaved
Total Spaces 6
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $7,624
Assessed Value $592,400
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures 2 Bedroom Unit On The 1st Floor Is Owner Occupied So Not Collecting Rent, Rent Listed Is An Estimate For Future Tenants Buyers Agents To Do Due Dilgence- Other 2 Units Are Being Rented Below Market Value.one Furnace Was Replaced In 2023 And All New Hot Water Heaters In 2024.
Possession None
Accepted Financing None
Structure Type []
House Color White
Sq Ft Source Public Record
Documents None
County Worcester

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1880
Bedrooms
5
Full Bathrooms
3
Living Area
3,082 sq ft
Total Rooms
12
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Vinyl, Carpet, Hardwood, Wood
Appliances: Range, Microwave, Refrigerator, Washer, Dryer, Dishwasher
Interior Features: Ceiling Fan(s), Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Living Room, Kitchen, Laundry Room, Mudroom, Office/Den
Windows:
Basement: Bulkhead, Unfinished
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1880
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Natural Gas
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters, Professional Landscaping
Patio & Porch: Deck
Fencing: Fenced
Other Structures: Shed(s)
Lot Features: Corner Lot
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 6
Parking Features: Off Street, Paved, Unpaved
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
1.8 mi
Grades PK-08
One School Global
2.3 mi
Grades 03-12
C+
Raymond E Shaw Elementary School
2.4 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
2.2 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
1.3 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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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $635
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location

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Neighborhood

247 Millbury Ave, Millbury MA 01527

Millbury, MA 01527

Listing Information

Listing Agent Tara Cassery
Listing Office ERA Key Realty Services - Westborough
Office Phone 508-366-1818
Agent MLS ID BB809214
Office MLS ID BB9659
Listing Data Updated Sep 17, 2026 12:57 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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