Residential at 271 Mill St, Worcester MA 01602, Worcester
Residential at 271 Mill St, Worcester MA 01602, Worcester, photo 2 of 5
Residential at 271 Mill St, Worcester MA 01602, Worcester, photo 3 of 5
Residential at 271 Mill St, Worcester MA 01602, Worcester, photo 4 of 5
Residential at 271 Mill St, Worcester MA 01602, Worcester, photo 5 of 5
5 photos

$1,175,000

271 Mill St, Worcester MA 01602
Worcester, MA 01602
Listed by Richard J. Trifone
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Rare development opportunity! Approximately 7± acres zoned BL-1 with significant frontage on Mill Street and existing access via Richard Healy Road.Conceptual redevelopment plans illustrate the potential for a muti-unit apartment building, four duplex lots (8 additional units), associated parking, and landscaped open space.Ideally situated with convenient access to major routes, shopping, employment centers, and local amenities. Public water, sewer, and other utilities are available in the area. Buyers are encouraged to perform their own due diligence regarding zoning, permitting, site approvals, engineering requirements, utility availability, environmental conditions, and development potential. A unique opportunity for developers, investors, and builders seeking a large-scale residential redevelopment project in a growing market.

Property details

MLS #
73585329
Property type
Residential
Subdivision
N/A
Status
Active
Days on market
1
On market date
October 1, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
7.08 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Gates Lane
0.66 mi away · Grades -1-6
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
515
Student:teacher ratio
12.6:1
District
Worcester
Middle
Sullivan Middle
0.94 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
870
Student:teacher ratio
11.0:1
District
Worcester
High
South High Community
1.04 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,524
Student:teacher ratio
13.9:1
District
Worcester

Walkability

Blended score for Worcester's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

72
Walkable
out of 100
EPA National Walkability Index
10.7 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores9
Parks14
Schools12
Transit stops20
Pharmacies4

Market position

How this listing compares to current activity in Worcester, from live MLS data.

On the market 1 days -- 86 fewer days than Worcester's current average of 87 days.
For reference, the median list price across 1,239 active listings in Worcester right now is $350,000.

Mortgage calculator

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Est. monthly payment
$7,226/mo
$235,000 down
$940,000 loan
Principal & interest$6,097
Property tax (est.)$979
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.