4 Central St, Millville, MA 01529
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$779,000
4 Unit
4 Beds
4 Baths
4855 SQFT
0.22 Acre

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.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 6
  • Total Bedrooms: 4
  • Total Full Baths: 4
  • Basement Features: Full

Financial

  • APOD Available: No
  • Gross Operating Income: 72000
  • Net Operating Income: 72000

Utilities

  • Water: Individual Meter, On-Site
  • Sewer: On-Site, Private Sewerage

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1930
  • Type: 4 Family
  • Foundation Info: Granite
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73366302
  • Last Updated: 05/03/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/03/2025Active$779,000$160MLSPIN
04/29/2025New$779,000$160MLSPIN

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Seller's Representative: Tariq Fayyad, Fayyad Realty Advisors
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-05-03 03:05:00