16 Preston Street, Millville MA 01529

Millville, MA 01529
$389,000
Est. $2,585/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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8
Beds
2
Baths
2,382
Sq Ft
$163
Price/Sq Ft
0.07
Acres
1920
Year Built
4
Parking
New today
Time on Market
For Sale Open House Listed Oct 19, 2026 • MLS# 73592366 Copied! • Updated Oct 19, 2026

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Open House Schedule

25
Oct
Sunday, October 25
12:00 PM - 1:30 PM EDT

About this home

Great Income Opportunity, 2F property offering flexibility for an owner-occupant or investor who is looking with a high cap rate investment. Off-street parking 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. 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. OH Sunday 10-25-6 at 12-1:30 pm.

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 19, 2026
$389,000
Original listing
Agent: Yannis Tsitsas Office: #1 Realty Group

Tax History

Year Taxes Assessment
2025 $5,020 $392,200

Financial Details

Annual Property Tax
$5,020
Tax Year 2025
Assessed Value
$392,200

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1920
Living Area 2,382 sq ft
Lot Size 0.07 acres
Stories 3
Bedrooms 8
Full Baths 2
Total Rooms 12

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent — · N
Gross Income $68,748
Net Operating Income $56,748
Operating Expenses $12,000
Insurance Expense $3,000
Cap Rate 14.59%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Deck
Features Paved Drive, Off Street
Total Spaces 4
Electric Circuit Breakers
Water Private
Sewer Private Sewer, Holding Tank
Gas None
Other None

Financial

Annual Tax $5,020
Assessed Value $392,200
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Certified Treated
Seller Disclosures There Is An Easement Of Way, Subject To Seller Finding Suitable Housing.
Exclusions Sellers Personal Belongings
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Worcester

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1920
Bedrooms
8
Full Bathrooms
2
Living Area
2,382 sq ft
Total Rooms
12
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 3

Utilities & Systems

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Private
Sewer: Private Sewer, Holding Tank
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Deck
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Off Street

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
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Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $418
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

16 Preston Street, Millville MA 01529

Millville, MA 01529

Listing Information

Listing Agent Yannis Tsitsas
Listing Office #1 Realty Group
Office Phone 781-354-1358
Agent MLS ID BB805223
Office MLS ID BB5380
Listing Data Updated Oct 19, 2026 9:31 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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