Attached Residential Income
For Sale
$644,900
2-b Wilson Road, Millbury, MA 01527
Open-plan interiors, private-use yard area, and shared master insurance define the ownership arrangement.
Property Size2,300 SF
Price / SF$280.39
Days on Market140
Property Features for 2-b Wilson Road
General Information
Standard status
Active
Size
2,300 SF
Property subtype
Apartment
Additional Details
Multifamily Units
1
Amenities
pet friendly
Microwave
ENERGY STAR Qualified Refrigerator
ENERGY STAR Qualified Dishwasher
Range
Plumbed For Ice Maker
Central Air
1 Fireplace
Carpet
Hardwood
Vinyl
Heat Pump, Electric
2.0 Stories
$0 Taxes
Individual Well, Private
Built in 2026
Building Details
Year Built
2026
Construction
Colonial-style
Listing Agency:
REMAX Executive Realty
(508) 839-9219
Listed By:
Claire Rainville · License #9050611
(508) 864-4151
Source:
Donahuere
Added: May 19
Changed: Oct 3
Last Checked: Oct 4 at 6:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REMAX Executive Realty
Investment Insights
Based on property information with market context.
This attached Colonial-style residence was built in 2026 and offers approximately 2,300 square feet of living space. The interior has an open floor plan, ceilings over 9 feet, abundant natural light, and white Shaker-style kitchen cabinetry with soft-close doors. The ownership structure includes shared master insurance, while each unit has exclusive use of its assigned land area.
Located at 2-B Wilson Road in Millbury, the property also allows fencing of the yard. The described configuration combines an attached home with an assigned outdoor area and shared master insurance.
Located at 2-B Wilson Road in Millbury, the property also allows fencing of the yard. The described configuration combines an attached home with an assigned outdoor area and shared master insurance.
Key Highlights
- Approximately 2,300 SF of living space
- Built in 2026
- Open floor plan with ceilings over 9 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,057
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$541,140
$541.1K
Cap Rate 7%
$386,529
$386.5K
Cap Rate 9%
$300,633
$300.6K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$50.5K $21.96/SF
− Vacancy
−$1.3K −$0.57/SF
EGI
$49.2K $21.39/SF
− OpEx
−$22.1K −$9.63/SF
NOI
$27.1K $11.76/SF
Area
Worcester County, MA
Vacancy
2.60%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$541,140
Cap Rate 7%
$386,529
Cap Rate 9%
$300,633
Alternative Uses
Best Use
Apartment 5plus
$386.5K
$338.2K – $451.0K
NOI $27,057 @ 7.0% cap · market cap 4.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$785.4K
$687.2K – $916.3K
NOI $54,979 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
60
Businesses Nearby
Explore this area
Business Placement
Demographics for 01527, MA
13,799
Population
5,603
Households
2.5
Avg Household Size
44
Median Age
33%
College-Educated
94%
High-School Grad
15.6 sq mi
ZIP Area
885
Density / Sq Mi
$116,000
Median Household Income
$62,911
Median Earnings
$1,507
Median Rent
$415,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Open-plan interiors, private-use yard area, and shared master insurance define the ownership arrangement.
Where is this residential income property located?
The property is located at 2-b Wilson Road Millbury, MA.
What is the asking price?
The asking price for this property is $644,900.
What are key features of this property?
This property features: Approximately 2,300 SF of living space; Built in 2026; Open floor plan with ceilings over 9 feet
