Sold

43-45 Exchange St, Milford, MA

Milford · MA 01757

$825,000
Price
13
Beds
7
Baths
5736
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1877
Units: 7 Units
Lot size: 5,802 Sq.Ft Lot
Price per square foot: $139 / Sq.Ft
Parking: 7 Off Street Spaces

About this home

OPEN HOUSE CANCELLED: ACCEPTED OFFER SIGHT UNSEEN Rare Opportunity to own this 7 unit residential building within walking distance of Downtown Milford and public transportation. Property includes (1) 3 Bedroom Unit, (4) 2 Bedroom units, and (2) 1 Bedroom Units. All units are rented and have solid rental histories. One parking spot per unit but plenty of on street parking is available. Tenants pay for electricity and heat is electric which means less to manage, easy to maintain, and greater cash flows! Priced slightly below a true 8 cap, its an easy decision to leverage these great interest rates for cash flow and future appreciation. Estimated cash on cash return exceeds 14% even with a full investment mortgage! Don't let this opportunity slip through your fingers! Property can purchased in conjunction with MLS #72669990

Neighborhood & Transit

43-45 Exchange 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:
2111 days
Listing Price:
$799,900
Price per Sq.Ft:
$139
Tax Assessment:
$651,700 in 2020
Taxes:
$867 / Monthly

Home Facts

Interior Features

Bedrooms
13
Full Bathrooms
7
Half Bathrooms
0
Living Area
5,736 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Individually Metered

Exterior Features

Lot Size
5,802 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
7 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Zachery Whiting
Listing office
RE/MAX Real Estate Center
MLS PIN #
72669971