124 Worcester Providence Tpke Millbury — Photo 1 of 13
$400,000
Investment Analysis — 124 Worcester Providence Tpke
Millbury, MA 01527
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01527 carries an estimated $2,580/mo in gross rent — about a 4.75% cap rate and $18,988/yr in estimated NOI at the $400,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,702
Style
Single Family
Built
1955
Fantastic opportunity for investors, contractors, or business owners! This three-bedroom, one-bath property offers flexibility for residential or commercial use—ideal for a live/work setup, rental investment, or small business conversion.Renovations have been started and are ready for completion. The kitchen and bathroom need finishing, and the property will require an updated septic system. The structure is solid and much of the prep work is complete, providing a great head start for your next project.Whether you’re looking to flip, rent, or repurpose for commercial use, this As-Is property is full of potential. Bring your tools and vision—this is a rare opportunity to create value in a versatile space!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 851 sq ft (the lesser of 900 sq ft or half the 1,702 sq ft principal dwelling). Lot size: 56,628 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
None
Geography
Property History
$400,000
Apr 2, 2026
MLS® 73438495
$400,000
Nov 13, 2025
MLS® 73454480
$400,000
Oct 2, 2025
MLS® 73438495
Listing Agent: Jonathan Vizard
Listing Office: Keller Williams Pinnacle Central
MLS® Number: 73454480