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137 Mill Street

Lancaster, MA 01523
$930,000
9 Beds
5 Baths
5,392 Living Area
  • Property Description
    SPRAWLING, modern farmhouse (BUILT IN 2002), configured as a large MAIN UNIT (3,160+/-sf - the first 24 photos), and TWO AUXILIARY UNITS (1,488+/-sf and 744+/-sf), which derive SUBSTANTIAL RENTAL INCOME ($4,600/mo). OUTSTANDING owner occupied situation, a possible FAMILY COMPOUND, or an excellent INVESTMENT OPPORTUNITY. This unique property is situated in DESIRABLE LANCASTER, overlooking 3 ACRES. Main home is HANDSOMELY CONSTRUCTED, with 9 foot beamed and wood ceilings, beautiful WIDE PLANK OAK FLOORING, 5 bedrooms, formal living room, two fireplaces, and CUSTOM MILLWORK throughout. Attached is a THREE BEDROOM TOWNHOUSE (Photos #25 to #34), commanding an IMPRESSIVE $2,800/mo., and a ONE BEDROOM WALKOUT APARTMENT (Photos #35 to #42), that rents for $1,800/mo. Both units are FULLY FURNISHED and in high demand, perfect for traveling medical professionals. CENTRAL COMMUTING LOCATION, w/easy access to 190, 495, Rte 2 and Mass Pike. Don’t miss this opportunity to own this one of a kind home!
  • Highlights
    • Acres: 2
    • Property Class: Residential Income
    • Total Rooms: 22
    • Status: Closed
    • Parking Spots: 6
    • Property Type: 3 Family
    • Year Built: 2002
  • Additional Details
    • Basement: Full
    • Foundation: Concrete Perimeter
    • Total Number of Units: 3
    • Year Built Source: Public Records
    • Fireplaces: 2
    • Lot Features: Wooded, Underground Storage Tank
    • Year Built Details: Actual
    • Zoning: R
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $797,800
    • Compensation Based On: Net Sale Price
    • Tax Year: 2023
    • Total Rent: $4,600
    • Buyer Agent Compensation: 2.0%
    • Facilitator Compensation: 1.0%
    • Taxes: $13,834

Location

137 Mill Street, Lancaster, MA 01523

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of RE/MAX Signature Properties. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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