12-14 Exchange Street, Millis MA 02054

Millis, MA 02054
$1,350,000
Est. $7,185/month
9
Beds
4
Baths
6,304
Sq Ft
$214
Price/Sq Ft
0.34
Acres
1900
Year Built
4 Family
Type
16
Days on Market
Closed Listed Sep 30, 2025 • MLS# 73305045 Copied!

About this home

Over the past 5 years, this 4 family building has undergone many upgrades!! This investment makes a net income on Day One! This is the one you have been looking for. As a bonus, there is an oversized detached garage that has been used by the Owner for storage. Transparent seller is happy to share ACTUAL monthly financials on this property, and we have almost 3 years of an AirBnb results as well (YES, a great success in Millis!) Each unit has its own private basement space for storage and laundry. Separate electric, 3 units have gas services, and all units have upgraded heating systems. Most of the windows are replaced. Gut remodel of several areas with all new plumbing and electrical. Terrific location next to dining, library, parks, and walk to schools. Small amount of lawn and landscaping to maintain. This building has ACTUAL leases in place, not projected rents!!

Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
9
Full Bathrooms
4
Living Area
6,304 sq ft
Total Rooms
18
Stories
5
Levels
5

Sale Statistics

Sale Overview
Original List Price: $1,290,000
Final Sale Price: $1,350,000
Difference: +$60,000 (+4.7%)
Performance Metrics
104.7%
List to Sale Ratio
Sold above asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $205
Sale $/sq ft: $214
This property sold for $214 per square foot
Sale Summary

This property sold for 4.7% above the original asking price, indicating strong buyer demand.

With only 16 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

1 Car Garage

Home Facts

Type Residential Income
Style 4 Family
Year Built 1900
Living Area 6,304 sq ft
Lot Size 0.34 acres
Bedrooms 9
Full Baths 4
Total Rooms 18

Interior

Heating Baseboard, Natural Gas, Oil
Cooling None, Window Unit(s)
Flooring None
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Full, Walk-out Access, Sump Pump
Laundry None
Features Kitchen, Family Room, Laundry Room

Exterior

Construction Frame
Architecture None
Roof Tar/gravel
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

Garage Spaces 1
Has Garage Yes
Features Off Street, Paved
Total Spaces 10

Utilities

Electric Circuit Breakers, 100 Amp Service, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other Varies Per Unit

Financial

Annual Tax $10,387
Assessed Value $632,600

Location

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Neighborhood

12-14 Exchange Street, Millis MA 02054

Millis, MA 02054

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $866
Homeowners Insurance $200
PMI $0

Property History

Market Insights

4.4%
Price Range
18
Total Days on Market

Property Timeline

Sold
Jan 17, 2025
$1,350,000
Property sold
Days on Market: 18
🏠
Listed for Sale
Oct 25, 2024
$1,290,000
Original listing
Agent: Vesta Group Office: Vesta Real Estate Group, Inc.

Price & Status History

Date Event Price Change
Oct 25, 2024 New Listing Added $1,290,000

Market Statistics

Days on Market
16 days
Price per Sq Ft
$214

Tax History

Year Taxes Assessment
2024 $10,387 $632,600

Financial Details

Annual Property Tax
$10,387
Tax Year 2024
Assessed Value
$632,600

Listing Information

Listing Agent Vesta Group
Listing Office Vesta Real Estate Group, Inc.
Agent MLS ID TEAM0299
Office MLS ID AN4237

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