92 Mill St, Lancaster, MA 01523
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$845,000
3 Unit
9 Beds
6 Baths
3557 SQFT
0.44 Acre

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 Details tap to expand

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: 09/19/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
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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Seller's Representative: Ben Hicks, Bridgemont Realty LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-09-19 11:34:00