92 Mill St, Lancaster MA 01523

Lancaster, MA 01523
$845,000
Est. $5,134/month
9
Beds
5
Baths
3,557
Sq Ft
$238
Price/Sq Ft
0.44
Acres
1900
Year Built
249
Days on Market
Active Price Drop -$55,000 Listed Apr 3, 2025 • MLS# 73354159 Copied!

About this home

Updated 3-family with in-law unit and a beautifully renovated, barn—ideal for investors or owner-occupants seeking value, income, and flexibility. Property generates $10,100/month in rent, with all leases expiring June 2025, offering options to increase rents or occupy. Features include updated kitchens and baths, new roof, siding, windows, modern electrical, and newer heating systems and hot water heater. Unit 1 is spacious and sun-filled, offering 5 bedrooms, 1.5 baths (including a half bath on the second floor), new flooring, and a fully renovated kitchen and bath—lives like a single-family home. Units 2 and 3 each offer 2 bedrooms and 1 bath. The barn provides bonus income or potential for a home office, studio, or guest suite. Set on a nearly half-acre flat lot with 10 off-street parking spaces and located near shopping, dining, and major routes, this rare offering combines strong income with exceptional versatility.

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
9
Full Bathrooms
4
Half Bathrooms
2
Living Area
3,557 sq ft
Total Rooms
17
Stories
8
Levels
8

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 3,557 sq ft
Lot Size 0.44 acres
Bedrooms 9
Full Baths 4
Half Baths 2
Total Rooms 17

Interior

Heating None
Cooling None
Flooring Wood, Tile, Vinyl
Appliances None
Fireplace None
Fireplaces 1
Basement Full, Bulkhead, Concrete
Laundry None
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Rain Gutters, Garden
Pool None
Spa None
Fencing None
Patio/Porch Enclosed

Parking

Features Paved Drive, Off Street, Assigned, Paved
Total Spaces 10

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $7,931
Assessed Value $490,800

Interior Features

Flooring: Wood, Tile, Vinyl
Appliances:
Interior Features:
Windows: Insulated Windows
Basement: Full, Bulkhead, Concrete
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone, Granite
Stories: 8

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features: Rain Gutters, Garden
Patio & Porch: Enclosed
Fencing:
Other Structures:
Lot Features: Cleared, Level
Road Surface:

Parking & Garage

Total Parking Spaces: 10
Parking Features: Paved Drive, Off Street, Assigned, Paved

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School

Location

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Neighborhood

92 Mill St, Lancaster MA 01523

Lancaster, MA 01523

Walkability

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Schools

School information not available

Monthly Payment Calculator

Monthly Payment
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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
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Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $661
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
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Current Rate
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+0.5% Rate
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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.

Property History

Property Timeline

🏠
Listed for Sale
Apr 3, 2025
$845,000
Original listing

Price & Status History

Date Event Price Change
Apr 3, 2025 New Listing Added $845,000

Market Statistics

Days on Market
249 days
Price per Sq Ft
$238
Total Price Drop
-$55,000

Tax History

Year Taxes Assessment
2025 $7,931 $490,800

Financial Details

Annual Property Tax
$7,931
Tax Year 2025
Assessed Value
$490,800

Listing Information

Listing Agent Ben Hicks
Listing Office Bridgemont Realty LLC
Agent MLS ID CN203261
Office MLS ID AN7238
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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Market Analytics for Lancaster, MA

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