Lots 284-5 Mill St Templeton — Photo 1 of 2
Recent Drop: $40,000
$10,000
Investment Analysis — Lots 284-5 Mill St
Templeton, MA 01436
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a home in 01436 carries an estimated $1,180/mo in gross rent — about a 106.42% cap rate and $10,642/yr in estimated NOI at the $10,000 list price. Adjust every assumption in the calculator below.
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This parcel is part of a past papermill campus. There has been no soil testing done. As of 5/21/2026 the current and back tax due is approximately $59,495 with a Per Diem rate of $0.90. Taxes are buyers’ responsibility. Pre-existing, non-conforming Lots 284-285 can be found on the west side of dead-end Mill Street. Three phase power, town water and town sewer are approximately 70' north on Mill St. Approximately 184 feet of waterfront on The Otter River. It is our understanding these lot fall in the Village District Zoning positioning this property and the buyer an interesting opportunity for mix-use residential and non-residential rights. Additional Land Available.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Property History
$10,000
Was $25,000
Jul 27, 2026
MLS® 73484605
$25,000
Was $50,000
May 21, 2026
MLS® 73484605
$50,000
Mar 10, 2026
MLS® 73484605
Listing Agent: Karissa Moore
Listing Office: K&G Realty Services, LLC
MLS® Number: 73484605
