92 Mill Street

Lancaster, MA 01523

$850,000
Price
8
Beds
3
Baths
1
1/2 Bath
3,557 Sq. Ft.
$239 / Sq. Ft.
3,557
Sq. Ft.
$239
per Sq. Ft.

Description

Rare investment opportunity in the heart of Lancaster MA. Unique property with a very strong rental history. Ideal for a buyer looking for a property with a very large unit. Level parcel with multiple driveways and a huge parking area. Brand new roof. Freshly painted exterior with new gutters. Newer heating system & water heater, Updated electrical. The main (front) unit has three levels and boats (5) bedrooms and 1.5 baths. It has a recently remodeled kitchen and first floor bathroom with laundry,...Rare investment opportunity in the heart of Lancaster MA. Unique property with a very strong rental history. Ideal for a buyer looking for a property with a very large unit. Level parcel with multiple driveways and a huge parking area. Brand new roof. Freshly painted exterior with new gutters. Newer heating system & water heater, Updated electrical. The main (front) unit has three levels and boats (5) bedrooms and 1.5 baths. It has a recently remodeled kitchen and first floor bathroom with laundry, Both rear units ONE & TWO offer updated kitchen & bathrooms as well as larger bedrooms. Three season enclosed front porch. The huge detached barn/garage has just been completely remodeled (with permits) with new roof, siding, windows, doors and framing. This provides endless opportunities for additional income. Whether you rent it out as is or possibly convert into more units, it has tremendous upside and value. Additional large shed in the back for additional storage.
  1. Listed by Nicolas Berthet-Garcia • Atlantic Coast Homes,Inc

Property Details for 92 Mill Street

Town
Lancaster
Area
MA-Lancaster
Garage Spaces
3
Parking Spaces
10.00
Parking Spaces Total
13
LISTING UPDATED: 09/16/2024 03:10 AM

Property Details for 92 Mill Street

StatusActive
MLS #73285433
Days on Market15
Taxes$8,042 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1900
CountyWorcester County

Building Information for 92 Mill Street

Stories6Residences3Year Built1900Building Size-Lot Size0.44 AC / 19,166 SF

Property Information for 92 Mill Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 3557.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full, Unfinished Basement
  • Num of Baths: 4.0
  • Num of Full Baths: 3
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 3.50
  • Bathrooms Total Integer: 4
  • FireplaceYN: Yes
  • Fireplaces: 1
  • SpaYN: No
Exterior Features
  • Lot Description: Cleared, Level
Parking Features
  • Covered Spaces: 3.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Unit 1 rent is estimated. Garage estimated rent $1500. Landlord pays for heat and electric for unit 2 and 3.
Tax Information
  • Tax ID: M:041.0 B:0000 L:0239.0,3763631
  • Assessments: $460,600
  • Book: 66695
  • Tax Year: 2024
  • Zoning: Res
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone, Granite, Irregular
Income / Expenses
  • GOI: $36,000.00
  • NOI: $36,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 3
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $6,900.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Selling Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 92 Mill Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 92 Mill Street

Taxable ValueLand$99,700Additions$360,900Total$460,600
Tax Record2024$8,042 ($670 / month)
Home Facts
Baths3.5Total Finished SqFt3,557 SqFtAbove Grade Finished SqFt3,557 SqFtUnfinished Basement SqFt1,067 SqFtStories3Lot Size19,166 SqFtStyleTriplexYear Built1900Year Renovated1970CountyWORCESTERAPNLANC M:041.0 B:0000 L:0239.0

Schools near 92 Mill Street

This home is within Nashoba School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 12
Rating
School
Distance
Mary Rowlandson Elementary School
PublicPK to 5

Luther Burbank Middle School
Public6 to 8

Nashoba Regional
Public9 to 12

Browning Elementary at South Lancaster
PrivatePK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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92 Mill Street is a multi-family home for sale in Lancaster, MA 01523. This property was listed for sale on September 4, 2024 by Atlantic Coast Homes,Inc, it's currently listed at $850,000. It has been on the market for a total of 15 days and was last sold on December 7, 2021. This listing's school district is Nashoba School District. Nearby schools include Mary Rowlandson Elementary School, Luther Burbank Middle School and Nashoba Regional. 92 Mill Street is a 8-bed, 3.5-bath, 3,557 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Atlantic Coast Homes,Inc, Nicolas Berthet-Garcia

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.