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
Four-unit property in a desirable neighborhood with ample parking.
Property Size2,900 SF
Days on Market107
Property Features for 48 N Mill St
General Information
- Standard status
- Pending
- Size
- 2,900 SF
- Property subtype
- 4 Family
Building Details
- Year Built
- 1966
Listing agency
RE/MAX One Call Realty
(508) 922-9983
Listed by
Eusa A. Pessote
(508) 922-9983
Source
Lockandkeyre
Added: Apr 6 Updated: Jul 10 at 1:13PM Checked: Jul 21 at 3:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX One Call Realty
Investment Insights
Based on property information with market context.
This well-maintained four-family home presents a great opportunity for owner-occupancy or investment. The property is located in a desirable neighborhood. The second floor features two units, each containing two bedrooms, one 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 has two units. One unit includes two bedrooms, one full bathroom, a living room, a kitchen, and bamboo floors. The other unit on the first floor offers 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 eight cars. The property size is 2900 square feet.
Key Highlights
- Four‑family home: Great investment opportunity or owner‑occupied property.
- Well‑maintained property in a desirable neighborhood.
- Ample parking: Shared paved driveway fits up to 8 cars.
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-unit property in a desirable neighborhood with ample parking.
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: Great investment opportunity or owner‑occupied property.; Well‑maintained property in a desirable neighborhood.; Ample parking: Shared paved driveway fits up to 8 cars.
