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137 Mill Street

Lancaster, MA 01523
  • $975,000
  • STATUS: Active
  • MLS #: 73151566
UPDATED: 38 min ago
$975,000
  • 9
    BEDS
  • 2.97
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 5,392
    SQFT
  • $181
    $/SQFT
Type:
Multi-Family
Built:
2002
County:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Paul Marino of Paul R. Marino.

Description

SPRAWLING, modern farmhouse (BUILT IN 2002), configured as a large MAIN UNIT (3,160+/-sf - the first 24 photos), and TWO AUXILIARY UNITS (1,488+/-sf and 744+/-sf), which derive SUBSTANTIAL RENTAL INCOME ($4,600/mo). OUTSTANDING owner occupied situation, a possible FAMILY COMPOUND, or an excellent INVESTMENT OPPORTUNITY. This unique property is situated in DESIRABLE LANCASTER, overlooking 3 ACRES. Main home is HANDSOMELY CONSTRUCTED, with 9 foot beamed and wood ceilings, beautiful WIDE PLANK OAK FLOORING, 5 bedrooms, formal living room, two fireplaces, and CUSTOM MILLWORK throughout. Attached is a THREE BEDROOM TOWNHOUSE (Photos #25 to #34), commanding an IMPRESSIVE $2,800/mo., and a ONE BEDROOM WALKOUT APARTMENT (Photos #35 to #42), that rents for $1,800/mo. Both units are FULLY FURNISHED and in high demand, perfect for traveling medical professionals. CENTRAL COMMUTING LOCATION, w/easy access to 190, 495, Rte 2 and Mass Pike. Dont miss this opportunity to own this one of a kind home!

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2023-09-26T13:04:56.34.
www.coastalnewenglandproperties.com/homes/142708747
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137 Mill Street Lancaster, MA 01523

  • Price: $975,000
  • Status: Active
  • On Site: Days
  • Updated: 38 min ago
  • MLS #: 73151566
9
Beds
5
Baths
0
½ Baths
2.97
Acres
5,392
SQFT
$181
$/SQFT
2002
Built
County:
Worcester
Elementary School:
Mary Rowlandson
Middle School:
Luther Burbank
High School:
Nashoba
Property Description
SPRAWLING, modern farmhouse (BUILT IN 2002), configured as a large MAIN UNIT (3,160+/-sf - the first 24 photos), and TWO AUXILIARY UNITS (1,488+/-sf and 744+/-sf), which derive SUBSTANTIAL RENTAL INCOME ($4,600/mo). OUTSTANDING owner occupied situation, a possible FAMILY COMPOUND, or an excellent INVESTMENT OPPORTUNITY. This unique property is situated in DESIRABLE LANCASTER, overlooking 3 ACRES. Main home is HANDSOMELY CONSTRUCTED, with 9 foot beamed and wood ceilings, beautiful WIDE PLANK OAK FLOORING, 5 bedrooms, formal living room, two fireplaces, and CUSTOM MILLWORK throughout. Attached is a THREE BEDROOM TOWNHOUSE (Photos #25 to #34), commanding an IMPRESSIVE $2,800/mo., and a ONE BEDROOM WALKOUT APARTMENT (Photos #35 to #42), that rents for $1,800/mo. Both units are FULLY FURNISHED and in high demand, perfect for traveling medical professionals. CENTRAL COMMUTING LOCATION, w/easy access to 190, 495, Rte 2 and Mass Pike. Dont miss this opportunity to own this one of a kind home!
Exterior Features

Covered Spaces 0 Frontage Length 267.00 Garage YN No Lot Features WoodedUnderground Storage Tank Parking Total 6 Spa YN No Waterfront YN No

Interior Features

Basement Full Building Area Total 5392 Fireplace YN Yes Fireplaces Total 2 Foundation Details Concrete Perimeter Lead Paint None Rooms Total 22

Property Features

Buyer Agency Compensation 2.0 Gross Income 55200 Home Warranty YN No Net Operating Income 55200 Property Sub Type 3 Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 13834 Tax Year 2023 Total Actual Rent 4600 Transaction Broker Compensation 1.0 Water Source Public Year Built Details Actual Year Round Yes Zoning R

Listing information © 2023 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Paul Marino of Paul R. Marino: 603-781-4811.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2023-09-26T13:04:56.34.
 
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Kinlin Grover Compass
45 Court Street
Plymouth MA, 02360
Listing courtesy of Paul Marino of Paul R. Marino.