
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.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Listing Agent: Luciano Souza
Listing Office: Pinto Real Estate
MLS® Number: 73572982
