Unit Information
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).
- Additional Details
- Status: NEW
- Type: Multi-Family, Multi Family
- Area: South Milford
- Zip Code: 01757
- Levels: 5
- Parking
- Garage Capacity: 12
- Parking: Paved,Off Street
- Parking Spaces: 12
- Rooms and Dimensions
- Total Units: 5
- Total Floors: 5
- Total Rooms: 21
- Has Basement: Yes
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$1,099,990
- Status: New
- Listing ID: 73567324
- Bedrooms: 10
- Full Baths: 6
- Living Area: 4,522 sqft Convert
- Lot Size: 22,002 sqft Convert
- Acres: 0.51
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Luxury Residential Group
(617) 233-5800
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When you are ready, please contact us and we will put our unrivaled knowledge of the Boston real estate market to work for you. Whether you are buying a luxury condo or renting a luxury apartment, we pledge to make your experience as stress free and enjoyable as possible.
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |