5 Mill St Northborough — Photo 1 of 42
Recent Drop: $174,999
$1,325,000
Investment Analysis — 5 Mill St
Northborough, MA 01532
Based on rent reported on the MLS listing, a 3-unit multi-family in 01532 carries $3,700/mo in gross rent — about a 1.73% cap rate and $22,951/yr in estimated NOI at the $1,325,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
5.5
SqFt
4,715
Style
3 Family - 3 Units Side by Side
Built
1900
FULLY RENOVATED READY TO START EARNING YOU MONEY! This Beautiful Three Family in the heart of Northborough is complete & ready for you. Two residential units and One Commercial unit. Unit 1 - 2 bedroom, 2 full & 1/2 bath, Brand new kitchen with all new appliances, white cabinetry w/ granite countertops includes a large seating area. 1st floor large main bedrm w/ large full bathrm. The main bedrm has a deck overlooking a pond & waterfall. Beauty and serenity abounds w/ much wild life. Open floor plan includes a large living/family room for entertaining. 1 bedrm & 2 addition rooms on the 2nd level w/ another full bathrm, 500sq ft private courtyard & patio. Unit 2 - 3 bed, 2.5 bath. Unit 3 - Commercial w/ 5 large rooms, including 1.5 bathms. There is plenty of parking. Great Walking Score - to many stores, restaurants, etc. Close to rt 20, public golf (Juniper Hill Golf Course), parks, schools & other major roads. Very large full basement w/ high ceiling great for extra storage.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Shopping • Tennis Court(s) • Park • Golf • Medical Facility • Conservation Area
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Property History
$1,325,000
Was $1,395,000
Sep 9, 2026
MLS® 73546374
$1,395,000
Was $1,499,999
Jul 29, 2026
MLS® 73546374
$1,499,999
Jul 8, 2026
MLS® 73546374
$3,900
May 23, 2025
MLS® 73361606
$3,900
Apr 18, 2025
MLS® 73361606
$675,000
Jan 13, 2009
MLS® 70588646
$675,000
May 31, 2007
MLS® 70588646
$679,000
Jun 14, 2006
MLS® 70347275
$679,000
Mar 14, 2006
MLS® 70347275
Listing Agent: Dee Kerner
Listing Office: Compass
MLS® Number: 73546374