Rarely does an opportunity like this come to market. Offered as 2 parcels, 131 and 133 Elm St. deliver a remarkable investment in the heart of Millbury. A prominent landmark since 1860, this stunning Federalist structure is architecturally significant, beautifully maintained, and perfectly positioned with direct access to Route 146, minutes from Worcester and I-90. 131 Elm is a 5 unit mixed use building featuring 2 commercial suites and 3 residential units that are anything but standard. Spacious, bright and beautifully updated, these residences feel more like townhomes than apartments. A stunning backyard with patio, professional landscaping, and a large attached barn with build-out potential round out this exceptional property. 133 Elm adds an adjoining 0.49 acre residentially developable lot, a rare find and significant value add for the savvy investor. Millbury is a thriving community with small town charm and exceptional accessibility! Group Showing 5/23 10am
131-133 Elm St., Millbury, MA, 01527
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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