Under Agreement
21 Franklin St, Milford, MA
Milford · MA 01757
- $1,099,990
- Price
- 10
- Beds
- 6
- Baths
- 4522
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1902
Units:
5 Units
Lot size:
0.51 Acre Lot
Price per square foot:
$243 / Sq.Ft
Parking:
12 Off Street Spaces
About this home
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).
Neighborhood & Transit
South Milford
21 Franklin St, Milford · MA 01757
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 72 days
- Listing Price:
- $1,099,990
- Price per Sq.Ft:
- $243
- Tax Assessment:
- $929,000 in 2026
- Taxes:
- $982 / Monthly
Home Facts
Interior Features
- Bedrooms
- 10
- Full Bathrooms
- 6
- Half Bathrooms
- 0
- Living Area
- 4,522 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 4522
- Flooring
- Unknown
- Lead paint
- Yes, Certified Treated
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Circuit Breakers
Exterior Features
- Lot Size
- 22,002 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 12 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Ana Loja
- Listing office
- Afonso Real Estate
- MLS PIN #
- 73567324
- Disclosure
- Buyer and buyer's agent to perform all due diligence regarding future development/ADU possibilities.