Active
2 Days on market
76 Mill Street #U: B4 Lancaster — Photo 1 of 32

76 Mill Street #U: B4 Lancaster — Photo 1 of 32

$349,000

Investment Analysis — 76 Mill Street #U: B4

Lancaster, MA 01523

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-bedroom in 01523 carries an estimated $2,730/mo in gross rent — about a 4.73% cap rate and $16,506/yr in estimated NOI at the $349,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1.5

SqFt

1,138

Style

Condominium

Built

2005

Discover the convenience of condominium living in a quiet enclave of only 6, two-bedroom townhouse-style condos in this historic Lancaster setting! Bright and inviting, the home's main level offers hardwoods throughout the spacious living room and eat-in kitchen with sliders that open to a nice deck—an ideal setting for barbecues or quiet outdoor relaxation. Upstairs, a spacious front-to-back primary bedroom offers generous closet space. The second bedroom includes a walk-in closet, and don't overlook the full basement that offers room to expand your living space with rough-plumbing for another bathroom already in place! This convenient location offers shops, restaurants, a bank, grocery store, church, pharmacy, hospital, library, and schools, all very nearby. Major commuting Routes (495, 190, 117, 70 & 62) are also easily accessible. Water & sewer expenses are included with the association fee. This is a lovely way to enjoy affordable carefree home ownership! Come see it now!

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$349,000
Annual Taxes$4,192
HOA Fee$350

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms4
FireplacesNone
Flooring--
BasementY

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningRES

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Plumbed For Ice Maker

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bathroom 1
First
Living RoomKitchenBathroom 2
Living Room
Lvl First

19 x 15

Closet/Cabinets - Custom Built, Flooring - Hardwood

Kitchen
Lvl First

18 x 11

Flooring - Hardwood, Pantry

Primary Bedroom
Lvl Second

18 x 13

Flooring - Wall to Wall Carpet, Attic Access

Bedroom 2
Lvl Second

11 x 11

Bathroom 1
Lvl Second

Bathroom - Full, Bathroom - With Tub & Shower

Bathroom 2
Lvl First

Bathroom - Half

Listing Provided By

Listing Agent: Emma Weisman

Listing Office: Keller Williams Realty North Central

MLS® Number: 73576375