5 Mill St, Northborough MA 01532
Northborough, MA 01532
$1,499,999
$1,395,000
Est. $8,153/month
Track this home for price, status, and open-house alerts.
About this home
FULLY RENOVATED READY TO START EARNING YOU MONEY! This Beautiful Three Family in the heart of Northborough is complete & ready for you. Two residential units and One Commercial unit. Unit 1 - 2 bedroom, 2 full & 1/2 bath, Brand new kitchen with all new appliances, white cabinetry w/ granite countertops includes a large seating area. 1st floor large main bedrm w/ large full bathrm. The main bedrm has a deck overlooking a pond & waterfall. Beauty and serenity abounds w/ much wild life. Open floor plan includes a large living/family room for entertaining. 1 bedrm & 2 addition rooms on the 2nd level w/ another full bathrm, 500sq ft private courtyard & patio. Unit 2 - 3 bed, 2.5 bath. Unit 3 - Commercial w/ 5 large rooms, including 1.5 bathms. There is plenty of parking. Great Walking Score - to many stores, restaurants, etc. Close to rt 20, public golf (Juniper Hill Golf Course), parks, schools & other major roads. Very large full basement w/ high ceiling great for extra storage.
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Scan with phone
Public Records & Permits
Log in to view assessor & tax records, ownership history, and recent building permits for this property.
BMN Estimate
Get the number an algorithm can't give you
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
1
Price Changes
7%
Price Range
Property Timeline
Price Reduced
Jul 29, 2026
$1,395,000
$104,999
(-7%)
From $1,499,999 to $1,395,000 (-7.0%)
Showing Instructions Updated
Jul 19, 2026
New showing requirements
Showing Instructions Updated
Jul 11, 2026
New showing requirements
Listed for Sale
Jul 8, 2026
$1,499,999
Original listing
Agent: Dee Kerner
Office: Compass
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/29/2026 | ↓ Price Reduced | $1,395,000 | $104,999 | - | From $1,499,999 to $1,395,000 (-7.0%) |
| 07/19/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 07/11/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 07/08/2026 | 🏠 Listed for Sale | $1,499,999 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $10,793 | $757,400 |
Financial Details
Annual Property Tax
$10,793
Tax Year 2025
Assessed Value
$757,400
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family - 3 Units Side by Side
Year Built
1900
Living Area
4,715 sq ft
Lot Size
0.33 acres
Bedrooms
5
Full Baths
4
Half Baths
3
Total Rooms
22
Investment Metrics
Units
3
Unit 1 Rent
$3,700/mo · Y
Unit 2 Rent
— · N
Total Monthly Rent
$3,700/mo
Gross Income
$44,400
Net Operating Income
$44,400
Cap Rate
3.18%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Fireplaces
2
Basement
Full
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Patio, Patio - Enclosed
Parking
Features
Paved Drive
Total Spaces
9
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$10,793
Assessed Value
$757,400
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Renovation Complete July 2026. Outside Pictures Used Virtual Enhancing.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
White
Sq Ft Source
Public Record
Sq Ft Disclosures
Renovation complete July 2026. Outside pictures used virtual enhancing.
Documents
None
County
Worcester
Total market time (incl. prior listings)
25 days
Property Overview
Property Type
3 Family - 3 Units Side by Side
Listing Type
For Sale
Year Built
1900
Bedrooms
5
Full Bathrooms
4
Half Bathrooms
3
Living Area
4,715 sq ft
Total Rooms
22
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
4,715 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPatio, Patio - Enclosed
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Foundation:
Concrete Perimeter
Stories:
5
Heating, Cooling & Utilities
Heating:
Heating Zones:
3
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Patio, Patio - Enclosed
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Total Parking Spaces:
9
Parking Features:
Paved Drive
Special Features
Fireplaces:
2
Fireplace Type:
Waterfront:
Yes
Waterfront Type:
Waterfront, Stream
View:
Yes
View Type:
Scenic View(s)
Community Amenities:
Shopping, Tennis Court(s), Park, Golf, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School
Nearby Schools
School District
Northborough-Southborough School District local
School Safety
2024-25
0.0%
Very Low (Safest)
5.5% below state avg
Elementary Schools
3 schools
B+
Marion E Zeh School
0.3 mi
|
#292 of 824
|
Score: 51.0
Dropped 136 spots from last year
-7.2 below state avg
249 students
Diverse
Grades K-05
B+
Lincoln Street School
0.8 mi
|
#256 of 824
|
Score: 52.2
Dropped 14 spots from last year
-6 below state avg
268 students
Moderate
Grades K-05
B
Marguerite E Peaslee School
0.9 mi
|
#385 of 824
|
Score: 48.1
Dropped 63 spots from last year
-10.1 below state avg
267 students
Diverse
Diverse Student Body
Grades K-05
Middle Schools
3 schools
B+
Robert E. Melican Middle School
0.8 mi
|
#114 of 352
|
Score: 48.0
Dropped 12 spots from last year
-10.2 below state avg
545 students
Diverse
Grades 06-08
A+
Sarah W Gibbons Middle School
3.7 mi
|
#21 of 352
|
Score: 60.8
Improved 24 spots from last year
+2.6 above state avg
610 students
Diverse
Rising School
Diverse Student Body
Strong Attendance
Grades 07-08
A
Mill Pond School
4.5 mi
|
#154 of 824
|
Score: 57.0
Dropped 15 spots from last year
-1.2 below state avg
834 students
Diverse
Diverse Student Body
Grades 04-06
High Schools
3 schools
A
Algonquin Regional High School
1.9 mi
|
#49 of 346
|
Score: 67.4
Improved 86 spots from last year
+9.2 above state avg
1,197 students
Diverse
20 sports
• 2,008 athletes
Strong AP Program
High Graduation Rate
Rising School
Strong Athletics
Grades 09-12
A
Advanced Math and Science Academy Charter School
3.4 mi
|
#70 of 346
|
Score: 64.0
Improved 12 spots from last year
+5.8 above state avg
970 students
Diverse
Strong AP Program
High Graduation Rate
College Ready Curriculum
Strong Attendance
Grades 06-12
New England Innovation Academy
3.7 mi
Grades 06-12
Learn about these ratings
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
$899
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
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
Loading map...
Neighborhood
5 Mill St, Northborough MA 01532
Northborough, MA 01532
Listing Information
Listing Agent
Dee Kerner
Listing Office
Compass
Office Phone
617-206-3333
Agent MLS ID
CT006048
Office MLS ID
AN4569
Listing Data Updated
Aug 2, 2026 3:10 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
Contact Us
Ask about this property — free, no obligation.
Similar Homes for Sale
Comparable Properties
Customize Comparable Search
Finding comparable properties...
Loading market insights for Northborough.