Rarely does an opportunity like this come to market. Offered as 2 parcels, 131 and 133 Elm Street deliver a remarkable investment in the heart of Millbury. A prominent landmark since 1860, this stunning Federalist structure is architecturally significant, beautifully maintained, and perfectly positioned with direct access to Route 146, minutes from Worcester and I-90. 131 Elm is a mixed use building featuring 1 commercial suite with sub tenant and 3 residential units that are anything but standard. Spacious, bright and beautifully updated, these residences feel more like townhomes than apartments. A stunning backyard with patio, professional landscaping, and a large attached barn with build-out potential round out this exceptional property. 133 Elm adds an adjoining 0.49 acre residentially developable lot, a rare find and significant value add for the savvy investor. Millbury is a thriving community with small town charm and exceptional accessibility.
| Units | 4 |
| Living area | 4,849 sqft |
| Lot size | 51,400 sqft |
| Year built | 1860 |
| Price / sqft | $217 |
| County | Worcester |
| MLS # | 73521867 |
| Days on market | 7 days |
| Listed on | May 20, 2026 |
| Annual property tax | $8,406 |
| Tax year | 2024 |
| Assessed value | $653,130 |
| Zoning | R1 |
| Gross income (actual) | $90,000/yr |
| Net operating income (actual) | $90,000/yr |
| Total actual rent | $7,500/mo |
| Stories | 6 |
| Total rooms | 17 |
| Lot size | 1.18 acres |
| Garage spaces | 0 |
| Parking spaces | 10 |
| Parking | Off Street, Guest, Paved |
| Basement | Full, Dirt Floor |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Tile, Hardwood |
| Heating | Baseboard, Natural Gas |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Dishwasher, Disposal, ENERGY STAR Qualified Refrigerator, Refrigerator |
Listing courtesy of Northbound Realty Co — Sheila Brady-Savard. Listing data © MLS PIN.
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It is a 4-unit multi-family property with 4,849 sqft of living area, built in 1860.
131 Elm St., Millbury MA 01527 has been listed for 7 days (since May 20, 2026).
Annual property taxes are $8,406 (2024), on an assessed value of $653,130.
At $1,050,000 for 4,849 sqft, that's about $217 per square foot.
10 total parking spaces (off street, guest, paved).
131 Elm St., Millbury MA 01527 is in Millbury, Worcester County, MA 01527.