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92 Mill St, Lancaster MA 01523

Lancaster, MA 01523
$790,000
Est. $4,856/month
9
Beds
5
Baths
3,557
Sq Ft
$222
Price/Sq Ft
0.44
Acres
1900
Year Built
Withdrawn Price Drop -$110,000 Listed Apr 3, 2025 • MLS# 73354159 Copied!

About this home

Price Improvement — Seller Motivated. Exceptional Positive Cash Flow On Day One! $99K Gross Rent. Updated 3-family with in-law unit and a LARGE BARN (Rent out for additional income)! Property generates $8,250 per month in rent, with all tenants TAW, offering options for future occupancy or adjustments. Recent updates include renovated kitchens and baths, new roof, siding, windows, electrical upgrades, and newer heating systems and hot water heater. Unit 1 offers 5 bedrooms, 1.5 baths, new flooring, and a fully updated kitchen and bath, providing a single-family feel. Units 2 and 3 each offer 2 bedrooms and 1 bath. The barn provides additional space with future potential. Set on a nearly half-acre lot with 10 off-street parking spaces and convenient access to shopping, dining, and major routes, this property offers versatility and a rare combination of space and updates.

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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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Nearby Schools

School District
Nashoba School District local
School Safety 2024-25
0.4% Low
0.3% Suspensions 0.4% In-School 0.1% Emergency
5.1% below state avg
E

Elementary Schools

3 schools
South Lancaster Academy
0.5 mi
Grades PK-12
RFK Don Watson Academy
1.2 mi
Grades K-12
A
Clinton Elementary School
1.5 mi | #169 of 824 | Score: 56.3
Improved 235 spots from last year
-1.9 below state avg
870 students Diverse
Rising School Strong Attendance
Grades PK-04
M

Middle Schools

1 school
B+
Luther Burbank Middle School
2.0 mi | #129 of 352 | Score: 46.4
Improved 26 spots from last year
-11.8 below state avg
245 students Moderate
Rising School Strong Attendance
Grades 06-08
H

High Schools

1 school
Trivium School
1.5 mi
6 sports • 228 athletes
Grades 07-12
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 $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
$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.

Property History

Market Insights

1
Price Changes
6.5%
Price Range

Property Timeline

Price Reduced
Jan 15, 2026
$790,000 $55,000 (-6.51%)
From $845,000 to $790,000 (-6.5%)
🏠
Listed for Sale
Apr 3, 2025
$845,000
Original listing

Price & Status History

Date Event Price Change
Jan 15, 2026 Price Changed $790,000 -$55,000
Apr 3, 2025 New Listing Added $845,000

Market Statistics

Time on Market
Price per Sq Ft
$222
Total Price Drop
-$110,000

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

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

Real-time market trends and pricing data for this area

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