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Canceled

4 Central St, Millville MA 01529

$779,000

Estimated $1,709.70/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $194,750

Total Rent: 72000/year

Estimated CAP Rate: 8.55%

4 Bedrooms

4 Full Baths

4,855 SqFt

Total Parking: 6

9,409 SqFt

**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.

This home has been viewed 49 times

Last Checked: August 20th, 2025 at 4:28am (Source: MLS PIN #73366302)

Gross Income: $72,000

Gross Expenses: $5,358

Net Income Calc: $66,642

CAP Rate: 8.55%

Annual Expenses for 4 Central St, Millville MA 01529

Total Gross Expenses (Calculated)$5,358/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,358.76

Annual Income & Unit Breakdown for 4 Central St, Millville MA 01529

Total Gross Income (Calculated)$72,000

Unit 1

Rental Income$1,500

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,500

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,500

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$1,500

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 4 Central St, Millville MA 01529

Listing ID73366302

Property TypeMulti Family / 4 Family

Price$779,000 ($160.45/SqFt)

Style4 Family

CityMillville

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total4,855 SqFt

Approximate Lot Size (Acres)0.22 acres

Total Parking6

Garage Parking

Year Built1930

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionGranite

Accessible Features

Outdoor Space

ZoningVCD

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 4 Central St, Millville MA 01529

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureSeller and Brokerage make no representation. Buyer

Building Area SourcePublic Records

Title 5Passed

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$72,000

Total Net Income By Broker$72,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 4 Central St, Millville MA 01529

Real Estate Taxes$5,358.76

Tax Year2025

Assessed Value$385,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$72,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$72,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.55%

Location Information for 4 Central St, Millville MA 01529

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 4 Central St, Millville MA 01529

Agent

Name: Tariq Fayyad

Office

Name: Fayyad Realty Advisors

Phone: 617-529-7263

Payment Calculator

, Interest

Property Taxes 446.56

Principal & Interest 4799.95

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Fayyad Realty Advisors

Tariq Fayyad

Agent Phone

Office Phone

(617) 529-7263

Text Agent Call Agent Call Office

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[perc_test] => Array
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)

EXIT

Canceled

4 Central St, Millville MA 01529

$779,000

Annual Expenses for 4 Central St, Millville MA 01529

Annual Income & Unit Breakdown for 4 Central St, Millville MA 01529

General Information for 4 Central St, Millville MA 01529

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