92 Mill St Lancaster MA 01523 MLS #73354159

92 Mill St
Lancaster, MA, 01523
$900,000
5 Beds
2.5 Baths
3,557 SqFt
0.44 Acres
$900,000
92 Mill St
Lancaster, MA, 01523
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.

Property Details

Price:
$900,000
MLS #:
73354159
Status:
Active
Beds:
5
Baths:
2.5
Address:
92 Mill St
Type:
Multi Family
Subtype:
3 Family
City:
Lancaster
Listed Date:
Apr 2, 2025
State:
MA
Finished Sq Ft:
3,557
Total Sq Ft:
3,557
ZIP:
01523
Lot Size:
19,166 sqft / 0.44 acres (approx)
Year Built:
1900
Units:
3

Schools

Interior

Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Fireplaces Total
1
Flooring
Wood, Tile, Vinyl

Exterior

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
Construction Materials
Frame
Exterior Features
Rain Gutters, Garden
Parking Features
Paved Drive, Off Street, Assigned, Paved
Parking Spots
10
Roof
Shingle

Financial

Net Operating Income
$121,200
Tax Year
2025
Taxes
$7,931
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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