21 Franklin St., Milford, MA 01757
- $1,099,990
- 10
- BD
- 6
- BA
- 4,522
- SqFt
- List Price
- $1,099,990
- Status
- NEW
- MLS#
- 73567324
- Bedrooms
- 10
- Bathrooms
- 6
- Full Baths
- 6
- Living Area
- 4,522
- Lot Size (Acres)
- 0.51
- Year Built
- 1902
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).
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Additional Information
- Area
- South Milford
- Taxes
- $11,789
- Interior Features
- Ceiling Fan(s), Living Room, Kitchen
- Parking Description
- Paved Drive, Off Street, Paved
- Lot Description
- Level
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Memorial
- Middle School
- Stacy
- High School
- Milford High School
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Listing courtesy of Listing Agent: Ana Loja from Listing Office: .
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