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5 Mill St, Northborough MA 01532

Northborough, MA 01532
$1,499,999
Est. $8,684/month
5
Beds
5.5
Baths
4,715
Sq Ft
$318
Price/Sq Ft
0.33
Acres
1900
Year Built
9
Parking
3 hours 27 minutes
Time on Market
Active Listed Jul 8, 2026 • MLS# 73546374 Copied! • Updated Jul 8, 2026

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.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 8, 2026
$1,499,999
Original listing
Agent: Dee Kerner Office: Compass

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 2.96%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Fireplaces 2
Basement Full
Laundry None
Features None
Construction Frame
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch Patio, Patio - Enclosed
Features Paved Drive
Total Spaces 9
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $10,793
Assessed Value $757,400
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
House Color White
Sq Ft Source Public Record
Sq Ft Disclosures Renovation complete July 2026
Documents None
County Worcester

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

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: 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
School District
Northborough-Southborough School District local
School Safety 2024-25
0.0% Very Low (Safest)
5.5% below state avg
E

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
M

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
H

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
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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
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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

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 Jul 8, 2026 10:19 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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