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INVESTMENT SNAPSHOT
About this property
Rarely does an opportunity like this come to market. Offered as 2 parcels, 131 and 133 Elm Street deliver a remarkable investment in the heart of Millbury. A prominent landmark since 1860, this stunning Federalist structure is architecturally significant, beautifully maintained, and perfectly positioned with direct access to Route 146, minutes from Worcester and I-90. 131 Elm is a mixed use building featuring 1 commercial suite with sub tenant and 3 residential units that are anything but standard. Spacious, bright and beautifully updated, these residences feel more like townhomes than apartments. A stunning backyard with patio, professional landscaping, and a large attached barn with build-out potential round out this exceptional property. 133 Elm adds an adjoining 0.49 acre residentially developable lot, a rare find and significant value add for the savvy investor. Millbury is a thriving community with small town charm and exceptional accessibility.
Property details
| Units | 4 |
| Living area | 4,849 sqft |
| Lot size | 51,400 sqft |
| Year built | 1860 |
| Price / sqft | $217 |
| County | Worcester |
| MLS # | 73521867 |
Listing status
| Days on market | 7 days |
| Listed on | May 20, 2026 |
Taxes & financials
| Annual property tax | $8,406 |
| Tax year | 2024 |
| Assessed value | $653,130 |
| Zoning | R1 |
| Gross income (actual) | $90,000/yr |
| Net operating income (actual) | $90,000/yr |
| Total actual rent | $7,500/mo |
Building & lot
| Stories | 6 |
| Total rooms | 17 |
| Lot size | 1.18 acres |
| Garage spaces | 0 |
| Parking spaces | 10 |
| Parking | Off Street, Guest, Paved |
| Basement | Full, Dirt Floor |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Tile, Hardwood |
Utilities & systems
| Heating | Baseboard, Natural Gas |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Dishwasher, Disposal, ENERGY STAR Qualified Refrigerator, Refrigerator |
Location
More about investing in Millbury →
Listing courtesy of Northbound Realty Co — Sheila Brady-Savard. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 131 Elm St., Millbury MA 01527 have?
It is a 4-unit multi-family property with 4,849 sqft of living area, built in 1860.
How long has 131 Elm St., Millbury MA 01527 been on the market?
131 Elm St., Millbury MA 01527 has been listed for 7 days (since May 20, 2026).
What is the price per unit?
At a list price of $1,050,000 across 4 units, that works out to roughly $262,500 per unit.
What are the property taxes on 131 Elm St., Millbury MA 01527?
Annual property taxes are $8,406 (2024), on an assessed value of $653,130.
What is the price per square foot?
At $1,050,000 for 4,849 sqft, that's about $217 per square foot.
Is there parking?
10 total parking spaces (off street, guest, paved).
Where is this property located?
131 Elm St., Millbury MA 01527 is in Millbury, Worcester County, MA 01527.
