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$ 779,000
Est. payment | /mo
4 Beds
4 Baths
4,855 SqFt
$ 779,000
Est. payment | /mo
4 Beds
4 Baths
4,855 SqFt
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,855 sqft
Price per Sqft $160
MLS Listing ID 73366302
Bedrooms 4
Full Baths 4
Year Built 1930
Annual Tax Amount $5,358
Tax Year 2025
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type 4 Family
Property Description
**Investor Opportunity in Downtown Millville Offered at an Aggressive 9.24% CAP Rate). This four unit property is now available for sale, offering a fantastic opportunity for investors with a strong rent roll which is below market rate. Comprising four spacious units, the property includes two 1-bedroom apartments on the first floor and two 2-bedroom apartments on the second floor. One of the 2-bedroom units features two additional rooms on the third floor, perfect for extra space for work or games. Each unit boasts separate utilities for convenience and efficiency. Recent upgrades include a new 6-bedroom septic installation and a sturdy rear Azek deck, enhancing the property's appeal and functionality. The fenced-in yard provides privacy and security, complemented by ample parking space for residents. Whether you're looking to capitalize on rental income or reside in a vibrant downtown location, this property offers versatility and value with opportunity for increased rental rates.
Location
State MA
County Worcester
Zoning VCD
Direction Directly across the Millville Police Station
Rooms
Basement Full
Exterior
Roof Type Shingle
Total Parking Spaces 6
Garage No
Building
Lot Description Corner Lot
Story 6
Foundation Granite
Sewer Private Sewer
Water Individual Meter
Others
Senior Community false
Listed by Fayyad Realty Advisors
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