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92 Mill StLancaster, MA 01523

For Sale

$845,000

Smart Buyer Rebate $4,225

Updated 3-family with in-law unit and a beautifully renovated, barn—ideal for investors or owner-occupants seeking value, income, and flexibility. Property generates $10,100/month in rent, with all leases expiring June 2025, offering options to increase rents or occupy. Features include updated kitchens and baths, new roof, siding, windows, modern electrical, and newer heating systems and hot water heater. Unit 1 is spacious and sun-filled, offering 5 bedrooms, 1.5 baths (including a half bath on the second floor), new flooring, and a fully renovated kitchen and bath—lives like a single-family home. Units 2 and 3 each offer 2 bedrooms and 1 bath. The permitted barn provides bonus income or potential for a home office, studio, or guest suite. Set on a nearly half-acre flat lot with 10 off-street parking spaces and located near shopping, dining, and major routes, this rare offering combines strong income with exceptional versatility.

Listed by Ben Hicks

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Bridgemont Realty LLC

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617-529-0751

Last updated September 01, 2025

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Source: MLSPin #73354159

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Lancaster
  • Bedrooms9
  • Bathrooms6
  • Days on Prevu159
  • Taxes$7,931/year
  • Size3,557 sqft
  • Price per sqft$238

Amenities

  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

04/22/2025
Price Decreased
$845,000
04/02/2025
Listed by Bridgemont Realty LLC
$900,000

Property Details for 92 Mill St

Association

Amenities

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House Of Worship, Private School, Public School

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Shingle
  • Stories: 8
  • Stories Total: 8
  • Window Features: Insulated Windows
  • Year Built: 1900
  • Year Built Details: Actual
  • Construction Materials: Frame
  • Exterior Features: Rain Gutters, Garden

Features

  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public

Measurements

  • Building Area Total: 3,557
  • Building Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.44
  • Lot Size Area: 0
  • Lot Size Square Feet: 19,166
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $121,200.00

Taxes

  • Parcel Number: M:041.0 B:0000 L:0239.0,3763631
  • Tax Annual Amount: $7,931.00
  • Tax Assessed Value: $490,800.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Wood, Tile, Vinyl

Measurements

  • Living Area: 3,557
  • Living Area Source: Public Record

Rooms

  • Basement: Full, Bulkhead, Concrete
  • Bathrooms Full: 4
  • Bathrooms Half: 2
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 9
  • Rooms Total: 17

Parking

Parking

  • Open Parking: Yes
  • Parking Features: Paved Drive, Off Street, Assigned, Paved
  • Parking Total: 10

Utilities

Equipment

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: For Electric Range
  • Water Source: Public

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.