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16 Preston Street, Millville MA 01529

$462,000

Estimated $1,167/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $231,000

Total Rent: 0/year

Estimated CAP Rate:

8 Bedrooms

Baths

2382

Total Parking: 4

2,974 (0.07)

Great Income Opportunity, 2family property offering flexibility for an owner-occupant or investor who is looking with a high cap rate investment. Off-street parking includes space for approximately 3–4 cars on the left side of the building and 1 car on the right.The upper unit features a townhouse-style layout with generous living space, while the first-floor unit offers a spacious living area and two well-sized bedrooms. Many rooms feature hardwood floors, and both kitchens include pantries and ample storage.Property highlights include updated hot water tanks, electrical improvements, a newer well pump, and regularly maintained furnaces. Additional features include laundry hookups in the basement, a large rear deck, and a fenced-in yard.The property is de-leaded (certificate available in documents), serviced by a private well, and has a 3,500-gallon tight tank. Seller will provide a passing Title V.Estimated market rent projections available in attached documents.

This home has been viewed 32 times

Last Checked: March 7th, 2026 at 5:48am (Source: MLS PIN #73478932)

Gross Income: $0

Gross Expenses: $8,020

Net Income Calc: $8,020

Water Views

Annual Expenses for 16 Preston Street, Millville MA 01529

Total Gross Expenses (Calculated)$8,020/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5020.11

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

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 16 Preston Street, Millville MA 01529

Listing ID73478932

Property TypeMulti Family / 2 Family

Price462000 ($193.95/SqFt)

Style2 Family - 2 Units Up/down

CityMillville

CountyWorcester

Neighborhood(s)

Approximate Living Area Total2382

Approximate Lot Size (Acres)0.07

Total Parking4

Garage Parking0

Year Built1920

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPrivate

SewerPrivate Sewer,holding Tank

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningVCD

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 16 Preston Street, Millville MA 01529

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5D

ExclusionsWasher And Dryer Excluded. Curtain Rods In Primary Belong To Stager.

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 16 Preston Street, Millville MA 01529

Real Estate Taxes5020.11

Tax Year2025

Assessed Value$392,200

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 16 Preston Street, Millville MA 01529

Neighborhood(s)

Area Amenities

Contact Information for 16 Preston Street, Millville MA 01529

Agent

Name: Yannis Tsitsas

Office

Name: #1 Realty Group

Phone: 781-354-1358

Payment Calculator

, Interest

Property Taxes 418.34

Principal & Interest 2846.7

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

#1 Realty Group

Yannis Tsitsas

Agent Phone

Office Phone

(781) 354-1358

Text Agent Call Agent Call Office

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    [unparsed] => 16 Preston Street, Millville MA 01529
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EXIT

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