Excellent income opportunity. 2 Family, sold "as is", property needs TLC with off street parking space. Invest in your first home with some extra income. 2nd, Upper floor Unit is Townhouse style with plenty of room to spread out. 1st floor offers spacious living area and 2 generous sized bedrooms. Low Maintenance Exterior & updates hot water tanks, electric, newer well pump, furnaces maintained regularly, Many rooms offer hardwood floors, both kitchens have pantries and nice storage. Laundry hookups in basement, Large Rear Deck with fenced-in yard & Off Street Parking on the left of the building for about 3-4 cars and on the right side of the building for 1 car. Property is de-leaded, please see attached certificate under documents. Property is on private well, and tight tank's capacity is 3,500 gallons.Great investment opportunity, please see estimated calculation under documents.
This home has been viewed 28 times
Last Checked: July 19th, 2025 at 4:29am (Source: MLS PIN #73384031)
Gross Income: $0
Gross Expenses: $5,020
Net Income Calc: $5,020
CAP Rate: -1.18%
Annual Expenses for 16 Preston Street, Millville MA 01529
Total Gross Expenses (Calculated)$5,020/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,020.11
Annual Income & Unit Breakdown for 16 Preston Street, Millville MA 01529
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingNo
Rent Includes
General Information for 16 Preston Street, Millville MA 01529
Listing ID73384031
Property TypeMulti Family / 2 Family
Price$425,000 ($178.42/SqFt)
Style2 Family - 2 Units Up/down
CityMillville
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total2,382 SqFt
Approximate Lot Size (Acres)0.07 acres
Total Parking4
Garage Parking
Year Built1920
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningVCD
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 16 Preston Street, Millville MA 01529
Lead Paint
UFFIUnknown
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5Not Done
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 16 Preston Street, Millville MA 01529
Real Estate Taxes$5,020.11
Tax Year2025
Assessed Value$380,600
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-1.18%
Location Information for 16 Preston Street, Millville MA 01529
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 16 Preston Street, Millville MA 01529