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Desiree Taylor

dtaylor@desiredhomes.org +1(978) 269-7185

$ 1,099,990

Est. payment | -/mo

10 Beds

6 Baths

4,522 SqFt

Save

$ 1,099,990

Est. payment | -/mo

Save

10 Beds

6 Baths

4,522 SqFt

Open House

Fri Aug 28, 4:00pm - 6:00pm

Sun Aug 30, 1:00pm - 3:00pm

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 4,522 sqft

Price per Sqft $243

MLS Listing ID 73567324

Bedrooms 10

Full Baths 6

Year Built 1902

Annual Tax Amount $11,789

Tax Year 2026

Lot Size 0.510 Acres

Acres 0.51

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

INVESTORS TAKE NOTICE! Rare opportunity to own a 5-unit multifamily property in Milford generating approximately $9,200 per month / $110,400 annually in gross rental income. Current rents are below market, offering potential for increased rental income and additional upside for the next owner. This income-producing property features an expansive off-street parking area located behind the building with space for approximately 15+ vehicles, along with lead compliance/certification documentation. Situated on a generous lot with potential for additional development or an ADU. Conveniently located near downtown Milford, shopping, restaurants, and major routes. An excellent opportunity for investors seeking an established multifamily property with strong current income, below-market rents, separate utilities and future growth potential. (buyer to due diligence).

Location

State MA

County Worcester

Area South Milford

Zoning RA

Direction Main Street to Franklin

Rooms

Basement Partial

Interior

Interior Features Ceiling Fan(s), Living Room, Kitchen

Heating Natural Gas

Cooling Window Unit(s)

Flooring Wood

Appliance Range, Refrigerator

Exterior

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Public School, Other

Utilities Available for Gas Range

Roof Type Shingle

Total Parking Spaces 12

Garage No

Building

Lot Description Level

Story 5

Foundation Stone, Irregular

Sewer Public Sewer

Water Public

Schools

Elementary Schools Memorial

Middle Schools Stacy

High Schools Milford High School

Others

Senior Community false

Listed by Afonso Real Estate

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(978) 269-7185

dtaylor@desiredhomes.org

PO BOX 263, Salem, Massachusetts 01970, United States

21 Franklin St. Milford, MA 01757