Seller's Agent in 2025
Vesta Real Estate Group
Vesta Real Estate Group, Inc.
(508) 341-7880
4 in this area
145 Total Sales
12-14 Exchange St Millis, MA 02054
9
Beds
4
Baths
6,304
Sq Ft
14,810
Sq Ft Lot
Highlights
- Wooded Lot
- Porch
- Property is near schools
- Millis Middle School Rated A-
- Park
- Baseboard Heating
About This Home
As of January 2025Over 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!!
Last Agent to Sell the Property
Vesta Real Estate Group, Inc. Listed on: 10/25/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,387
Year Built
- Built in 1900
Lot Details
- 0.34 Acre Lot
- Wooded Lot
Parking
- 1 Car Garage
- Open Parking
- Off-Street Parking
Home Design
- Stone Foundation
- Frame Construction
- Tar and Gravel Roof
- Concrete Perimeter Foundation
Interior Spaces
- 6,304 Sq Ft Home
- Insulated Windows
- Family Room
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 9 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Utilities
- Window Unit Cooling System
- 4 Heating Zones
- Heating System Uses Natural Gas
- Heating System Uses Oil
- Baseboard Heating
- Separate Meters
- 100 Amp Service
Additional Features
- Porch
- Property is near schools
Listing and Financial Details
- Total Actual Rent $9,068
- Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water other (see remarks))
- Assessor Parcel Number 3683475
Community Details
Overview
- 4 Units
- Property has 2 Levels
Recreation
- Park
Building Details
- Electric Expense $1,559
- Insurance Expense $2,315
- Water Sewer Expense $3,118
- Operating Expense $8,476
- Net Operating Income $104,722
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/17/2025 01/17/25 | Sold | $1,350,000 | +4.7% | $214 / Sq Ft |
| 10/28/2024 10/28/24 | Pending | -- | -- | -- |
| 10/25/2024 10/25/24 | For Sale | $1,290,000 | -- | $205 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Agents Affiliated with this Home
-
Vesta Real Estate Group
-
Ed Daniels
E
Seller Co-Listing Agent in 2025
Ed Daniels
Vesta Real Estate Group, Inc.
(508) 341-7880
1 in this area
6 Total Sales
-
Anthony Ruggiero
Buyer's Agent in 2025
Anthony Ruggiero
Keller Williams Elite
(781) 775-8200
2 in this area
74 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73305045
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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