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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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21 Franklin St. , Milford, MA 01757
$1,099,990
Est. Payment: $2,444.42/mo
10 Bed
6 Bath
4522 Sqft
Status: Contingent | Days on site: 24
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BB4015 - CN252976
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House 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).

Highlights

Listed by Ana Loja , 917-330-0222 Afonso Real Estate , 508-478-7286.

Property Type

Multi-Family

Lot/Acreage
0.51

Year Built

1902

County

Worcester

Area

South Milford

Listing ID

73567324

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:10
  • Bathrooms:6
  • Full Bathrooms:6
Appliances:Range, Refrigerator
Air Cond:Window Unit(s)
Fireplaces:
Floor:Wood
Other:
  • Additional:Ceiling Fan(s), Living Room, Kitchen
Water:Public

Exterior Features

Lot:Level
Garage Capacity:12
Zoning:RA
Roof:Shingle
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Paved,Parking Spaces: 12
Principal Interest
$2,444
Taxes
$982

Home Price

$1,099,990

Loan Details

30 yrs
%

Down Payment

20%
$219,998
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,444.42

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,444.42 $982.42 $0.00 $3,426.84
Yearly $29,333.07 $11,789.00 $0.00 $41,122.07
Total $879,992.00 $353,670.00 $0.00 $1,233,662.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Milford, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.