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124 Worcester Providence Tpke, Millbury, MA, 01527

3beds
1baths
1,702sqft
$400,000
$235price/sqft
$2,959/moest. monthly cost
$118,360/yrincome needed

About This Home

Fantastic opportunity for investors, contractors, or business owners! This three-bedroom, one-bath property offers flexibility for residential or commercial use—ideal for a live/work setup, rental investment, or small business conversion.Renovations have been started and are ready for completion. The kitchen and bathroom need finishing, and the property will require an updated septic system. The structure is solid and much of the prep work is complete, providing a great head start for your next project.Whether you’re looking to flip, rent, or repurpose for commercial use, this As-Is property is full of potential. Bring your tools and vision—this is a rare opportunity to create value in a versatile space!

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

--
Elmwood Street SchoolGrades PK-20.9 mi

Construction

Condition

  • Year built: 1955

Materials

  • Foundation: Concrete Perimeter,Stone
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: None

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Wood
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area above ground: 1,702

Heating & Cooling

  • Heating features: Baseboard,Oil
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,702
  • Total interior livable area: 1,702 sqft

Property

Details

  • Parcel number: M:071 B:0000019 L:,3582431
  • Zoning: 1010

Lot

  • Lot size: 1.30 Acres
  • Features: Level

Parking

  • Total spaces: 5
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Hurricane
Ice Storm
Strong Wind

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,022$24,264
Home Insurance *$140$1,680
Property Taxes $443$5,316
Electricity $354$4,259
Total$2,959$35,508
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$101,451/yr
40% on housing$88,770/yr
45% on housing$78,906/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$235This listing

vs Other Active Listings

Avg $/sqft

ZIP 01527$239
Worcester County$265

vs Homes Sold Last Month

Median $/sqft

ZIP 01527$287
Worcester County$281

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-01-17Listed for sale$400,000
2026-01-13Contingent$400,000
2025-11-13Listed for sale$400,000
2022-03-01Listing removed--
2021-10-28Listed for sale$1,275,000

For Sale by Agent

AgentJonathan Vizard
BrokerageKeller Williams Pinnacle Central

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