Well-Maintained Four-Family
48 N Mill St Holliston, MA 01746
48 N Mill St, Holliston, MA, 01746
$1,100,000
Pending
For Sale
$1,100,000
Pending
MULTI_FAMILY - Holliston, MA
Property Size2,900 SF
Lot Size0.43 Acres
Days on Market108
Property Features for 48 N Mill St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- 40
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 4, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 7, Bedroom 2, Bedroom 6, Bathroom 3, Bedroom 1, Bathroom 1
- Parking
- 8
- Standard status
- Pending
- APN
- M:010 B:0002 L:0050,526113
- Size
- 2,900 SF
- Lot size
- 0.43 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10415
Building Details
- Year built
- 1966
- Floors in Building
- 4
- Number of units
- 4
Listing agency
RE/MAX One Call Realty
(508) 872-5553
Listed by
Christopher Mahoney · License #9085267
(508) 872-5553
Added: Apr 6 Updated: Jul 11 at 3:32AM Checked: Jul 22 at 4:06PM
MLS# 73496817
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained four-family home presents a great opportunity for ownership or investment. Located in a desirable neighborhood, the property features a layout designed for comfortable living. The second floor comprises two units, each offering two bedrooms, a full bathroom, a living room, and a kitchen. Hardwood floors are present throughout, with unit 2 having hardwood floors underneath the carpet. The first floor also contains two units. One unit includes two bedrooms, a full bathroom, a living room, a kitchen, and bamboo floors. The other unit on the first floor features one bedroom, a full bathroom, a living room open to the kitchen, and ceramic flooring. The property includes a large backyard and a shared paved driveway with parking space for up to 8 cars. The property is zoned 40 and has a lot size of 0.43 acres. The building size is 2900 square feet.
Key Highlights
- Four‑family home built in 1966
- Second‑floor: 2 units, each with 2 bedrooms, 1 full bathroom, living room, and kitchen
- First‑floor: 2 units—one with 2 bedrooms, 1 full bathroom, living room, and kitchen; the other with 1 bedroom, 1 full bathroom, open living/kitchen, and ceramic flooring
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $92.2k | $31.80 |
| − Vacancy | −$4.6k | −$1.57 |
| EGI | $87.7k | $30.23 |
| − OpEx | −$26.3k | −$9.07 |
| NOI | $61.4k | $21.16 |
2,900 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$876.6K
$767.1K – $1.02M
NOI $61,365 @ 7.0% cap · market cap 5.58%
Second Best
Apartment 5plus
$824.3K
$721.3K – $961.7K
NOI $57,700 @ 7.0% cap · market cap 5.25%
Theoretical Best
Office A
$1.72M
$1.50M – $2.00M
NOI $120,175 @ 7.0% cap · market cap 10.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four-family home in a great neighborhood, ideal for investment.
Where is this quadplex located?
The property is located at 48 N Mill St Holliston, MA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Four‑family home built in 1966; Second‑floor: 2 units, each with 2 bedrooms, 1 full bathroom, living room, and kitchen; First‑floor: 2 units—one with 2 bedrooms, 1 full bathroom, living room, and kitchen; the other with 1 bedroom, 1 full bathroom, open living/kitchen, and ceramic flooring
