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    37-39 Main St Millbury, MA 01527

    For Sale
    $775,000

    Updated 8-bedroom, 4-bath multifamily property in downtown location.

    Lot size:
    0.18 Acres

    Property Features for 37-39 Main St

    General Information

    Lot size
    0.18 Acres

    Building Details

    Year built
    1930

    Source: Citylight Homes LLC Agent Michalann Cosme

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Multifamily Property Downtown Location

    This is an updated multi-family property featuring 8 bedrooms and 4 bathrooms, situated in a convenient downtown location. The building includes young mechanical systems, central air conditioning, and hardwood flooring. The bathrooms and kitchens have been recently updated. Each level is equipped with its own washer and dryer, and there is an additional set in the basement. A shared driveway provides off-street parking for three vehicles. The property is currently used as a halfway house but will be delivered vacant at closing. Furnishings and housewares will convey.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Millbury
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7673586
    Latitude
    42.1860633

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    FAQs

    What type of property is this?
    Apartment building - Updated 8-bedroom, 4-bath multifamily property in downtown location.
    Where is this apartment building located?
    The property is located at 37-39 Main St Millbury, MA.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: - Delivered vacant at closing, offering immediate flexibility for investment, rental, or owner-occupancy.; - **8 bedrooms and 4 bathrooms provide ample space** and potential for high rental income or large-scale use.; - **Recently updated bathrooms and kitchens enhance appeal** and reduce immediate renovation costs.
    (978) 660-4906
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    37-39 Main St Millbury, MA 01527
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    37-39 Main St Millbury, MA 01527
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