5 Canal St Millbury — Photo 1 of 28
Recent Drop: $10,000
$419,900
Investment Analysis — 5 Canal St
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 4.67% cap rate and $19,625/yr in estimated NOI at the $419,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,288
Style
Single Family
Built
1930
Welcome Home to this charming 3-bedroom Cape located near the heart of Millbury and all the town has to offer! Just minutes away from shops, restaurants, local services and highway access to Rt 146, I-290, and I-90 Mass Pike. Enter into the spacious, open living room with recessed lighting and a beautiful brick fireplace that acts as the focal point of the room. Just off the living room is the sun-filled dining room where you can enjoy your morning coffee. The kitchen is equipped with stainless steel appliances, classic white cabinets, subway tile backsplash, and granite countertop. The bathroom boasts a modern look, including a tub/shower with white subway tile running to the ceiling. Two spacious bedrooms on the second level plus a third bedroom on the main level, all with carpet flooring. The detached garage has space for your car if desired, plus extra space for storage. Good-sized backyard as well. Low taxes, natural gas fuel, town water/sewer. Book your showing today!
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: 644 sq ft (the lesser of 900 sq ft or half the 1,288 sq ft principal dwelling). Lot size: 3,956 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
Range • Dishwasher • Microwave • Refrigerator
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First21 x 11
Flooring - Vinyl, Recessed Lighting
Dining Room
Lvl First9 x 11
Flooring - Vinyl, Open Floorplan, Lighting - Overhead
Kitchen
Lvl First7 x 14
Flooring - Vinyl, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting, Gas Stove
Master Bedroom
Lvl Second20 x 10
Closet, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second14 x 15
Bedroom 3
Lvl First12 x 10
Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl First5 x 7
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Vinyl
Property History
$419,900
Was $429,900
Sep 8, 2026
MLS® 73553473
$429,900
Jul 22, 2026
MLS® 73553473
Listing Agent: Brendan Quinn
Listing Office: Keller Williams Realty-Merrimack
MLS® Number: 73553473