Investors take note: this is a rare opportunity to purchase a double property - offering a Multi Family property along with a commercial building offering 1625 sq. feet of living space. The two family is rented and the Commercial Building is vacant and ready for the new owner to open shop or build it out to their needs. The first floor apartment has 3 BR's, Eat in Kitchen, Living Room and Sunporch. The second apartment offers 2 levels of living and was fully renovated with a beautiful Kitchen complete with beautiful cabinets & granite counters, an updated Bath, Laundry on the main level, 3 Bedrooms and a spacious Living Room. Separate utilities. Two separate deeds.
This home has been viewed 38 times
Last Checked: May 7th, 2024 at 1:10am (Source: MLS PIN #73056116)
Gross Income: $33,360
Gross Expenses: $10,882
Net Income Calc: $22,478
CAP Rate: 3.00%
Annual Expenses for 321+323 Main Street, Milford MA 01757
Total Gross Expenses (Calculated)$10,882/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$10,882
Annual Income & Unit Breakdown for 321+323 Main Street, Milford MA 01757
Total Gross Income (Calculated)$33,360
Unit 1
Rental Income$1,250
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$1,530
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingYes
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingYes
Rent Includes
General Information for 321+323 Main Street, Milford MA 01757
Listing ID73056116
Property TypeMulti Family / 2 Family
Price$749,999 ($208.28/SqFt)
Style2 Family - 2 Units Up/down
CityMilford
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total3,601 SqFt
Approximate Lot Size (Acres)0.07 acres
Total Parking6
Garage Parking
Year Built1850
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual,Approximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionBlock,Stone
Accessible Features
Outdoor Space
ZoningCB
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 321+323 Main Street, Milford MA 01757
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureTWO SEPARATE PROPERTIES- Multi Family with Commerc
Building Area SourceOther
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$31,200
Total Net Income By Broker$31,200
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation1
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 321+323 Main Street, Milford MA 01757
Real Estate Taxes$10,882
Tax Year2022
Assessed Value$347,700
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$31,200
BostonRealEstate.com Gross Income
Total Net Income By Broker$31,200
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)3.00%
Location Information for 321+323 Main Street, Milford MA 01757
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Shopping, Park, Medical Facility, Bike Path
Contact Information for 321+323 Main Street, Milford MA 01757