141-149 Park Hill Avenue

Property Description

Kelleher & Sadowsky Associates would like to introduce you to the investment/development opportunity at 141-149 Park Hill Avenue in Millbury. Available for sale, this approximately 2-acre site includes five duplex buildings, comprising a total of 10 apartment units. Conveniently situated with close access to routes 146, 290, and the Mass Pike, the property benefits from direct frontage on Route 20. Each deplex is currently leased on a tenant-at-will basis. Zoned as Suburban III by the town of Millbury, the property allows for various residential uses. Larger multifamily redevelopment or commercial uses would require a special permit. Millbury is actively exploring zoning modifications to enhance the site's flexibility, with proposed changes slated for a vote during the fall Town Meeting in 2024. All structures include new roofs. Financial details can be provided upon execution of the non-disclosure agreement provided at the end of this brochure. For further details, please don't hesitate to reach out.