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You are here:
92 Mill St, Lancaster, MA
247 Days on Boston Pads
Price Reduced $55,000
0 Photos
$845,000
3 Unit
9 Beds
6 Baths
3557 SQFT
0.44 Acre
92 Mill St
Lancaster, MA 01523

Property Description

Updated 3-family with in-law unit and a beautifully renovated, barn—ideal for investors or owner-occupants seeking value, income, and flexibility. Property generates $10,100/month in rent, with all leases expiring June 2025, offering options to increase rents or occupy. Features include updated kitchens and baths, new roof, siding, windows, modern electrical, and newer heating systems and hot water heater. Unit 1 is spacious and sun-filled, offering 5 bedrooms, 1.5 baths (including a half bath on the second floor), new flooring, and a fully renovated kitchen and bath—lives like a single-family home. Units 2 and 3 each offer 2 bedrooms and 1 bath. The barn provides bonus income or potential for a home office, studio, or guest suite. Set on a nearly half-acre flat lot with 10 off-street parking spaces and located near shopping, dining, and major routes, this rare offering combines strong income with exceptional versatility.

Property Overview

Building Information

  • Total Units: 3
  • Total Floors: 8
  • Total Bedrooms: 9
  • Total Full Baths: 4
  • Total Half Baths: 2
  • Total Fireplaces: 1
  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Stables, Tennis Court, Walk/Jog Trails
  • Basement Features: Bulkhead, Concrete Floor, Full
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: No
  • Gross Operating Income: 121200
  • Net Operating Income: 121200

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Windows, Storm Doors
  • Utility Connections: for Electric Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 3

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone, Granite
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Vinyl, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73354159
  • Last Updated: 12/03/25

Date Event Price Price/Sq Ft Source
12/02/2025Back on Market$845,000$238MLSPIN
11/26/2025Temporarily Withdrawn$845,000$238MLSPIN
09/02/2025Expired$850,000$239MLSPIN
07/27/2025Active$845,000$238MLSPIN
07/23/2025Extended$845,000$238MLSPIN
07/16/2025Active$845,000$238MLSPIN
07/12/2025Extended$845,000$238MLSPIN
04/26/2025Active$845,000$238MLSPIN
04/22/2025Price Change$845,000$238MLSPIN
04/06/2025Active$900,000$253MLSPIN
04/02/2025New$900,000$253MLSPIN
09/27/2024Temporarily Withdrawn$850,000$239MLSPIN
09/16/2024Active$850,000$239MLSPIN
09/12/2024Price Change$850,000$239MLSPIN
09/08/2024Active$900,000$253MLSPIN
09/04/2024New$900,000$253MLSPIN

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Map & Resources

Atlantic Union College

University

0.4mi

South Lancaster Academy

Private School, Grades: PK-12

0.45mi

Browning Elementary

Grades: 1-6

0.45mi

South Lancaster Academy

School

0.47mi

Living Stones Christian School

School

0.88mi

McDonald's

Burger (Fast Food)

0.55mi

Lancaster Fire Department

Fire Station

0.24mi

Umass Memorial-Clinton Hospital

Hospital

0.85mi

Saule Conservation Land

Private Park

0.18mi

Parker Family Woods

Land Trust Park

0.37mi

Apple Valley Conser. Easement

Private Park

0.4mi

Parker Family Woods

Land Trust Park

0.55mi

Cosimi Conservation Area

Municipal Park

0.93mi

Fuller Field

Municipal Park

0.76mi

G. Eric Jones Library

Library

0.14mi

G Eric Jones Library

Library

0.4mi

Thayer Memorial Library

Library

0.55mi

Seller's Representative: Ben Hicks, Bridgemont Realty LLC
MLS ID#: 73354159

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-12-03 03:30:00