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4 Days on market
8 Albert Dr Millville — Photo 1 of 41

8 Albert Dr Millville — Photo 1 of 41

$615,000

Investment Analysis — 8 Albert Dr

Millville, MA 01529

Based on rent reported on the MLS listing, a 2-unit multi-family in 01529 carries $2,400/mo in gross rent — about a 2.63% cap rate and $16,164/yr in estimated NOI at the $615,000 list price. Adjust every assumption in the calculator below.

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Beds

5

Baths

2

SqFt

1,795

Style

2 Family - 2 Units Up/Down

Built

1889

A rare opportunity for homeowners and investors alike! Set on a spacious 1.25-acre lot, this two-family property offers the comfort and privacy of a single-family home with valuable income-producing potential. Create a multigenerational living arrangement, or add a versatile property to your investment portfolio. Recent improvements include a new roof, insulation throughout and central air. Additional highlights include a water filtration system, leased solar panels to help offset your electricity cost, a full basement, welcoming front porch, rear deck and plenty of off-street parking.The expansive yard provides room to relax, garden or entertain, while nearby walking and jogging trails offer even more opportunity to enjoy the outdoors. Conveniently located near Routes 146 and 122, shopping and other everyday amenities. This is more than a multifamily property—it is an opportunity to create a home, generate income and build long-term value.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Open Houses

Property Details

Financials

Original Price$615,000
Annual Taxes$5,724

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms10
Fireplaces2
Flooring--
BasementFull, Bulkhead, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningVRD

Property & Lot

Acres1.25
SqFt Lot54,450
Lot Features--

Neighborhood

Walk/Jog Trails

Geography

Listing Provided By

Listing Agent: Luciano Souza

Listing Office: Pinto Real Estate

MLS® Number: 73572982