Investors,contractors and anyone handy - We have a great house waiting for you! Check out this two family home in Milford that needs some TLC!! Great income property sitting on just under a half of an acre with a fence around the front yard for privacy and above ground pool!! The first unit is a detached single family ranch with a large eat kitchen w/ flex room attached that would make a perfect mud room or playroom. There are two spacious bedrooms and the primary bedroom even has sliding doors leading out to the pool deck. The living room features a wood burning fire place and has steps leading up to another bonus area that could be a great office or you could even possibly expand the living room. Above the large heated garage is a studio apartment with just under 600 squ.ft needing only a bit of updating to be ready for renters!! A new roof is needed & condition of the septic system is unknown. Septic repair, title V - responsibility of the buyer. Being sold AS IS.
This home has been viewed 35 times
Last Checked: May 7th, 2024 at 2:41am (Source: MLS PIN #73060812)
Gross Income: $0
Gross Expenses: $5,275
Net Income Calc: $5,275
CAP Rate: -1.62%
Annual Expenses for 245 Purchase St, Milford MA 01757
Total Gross Expenses (Calculated)$5,275/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,275
Annual Income & Unit Breakdown for 245 Purchase St, Milford MA 01757
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(none), Unit 2(none)
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(none), Unit 2(none)
General Information for 245 Purchase St, Milford MA 01757
Listing ID73060812
Property TypeMulti Family
Price$324,900 ($192.25/SqFt)
StyleMulti Family
CityMilford
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total1,690 SqFt
Approximate Lot Size (Acres)0.45 acres
Total Parking8 (2 Garage)
Garage Parking2 / Detached
Year Built1955
Year Built SourceOwner
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionConcrete Perimeter,Stone
Accessible Features
Outdoor Space
ZoningRC
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 245 Purchase St, Milford MA 01757
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureIncludes second unit
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2 VNS
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 245 Purchase St, Milford MA 01757
Real Estate Taxes$5,275
Tax Year2021
Assessed Value$342,800
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-1.62%
Location Information for 245 Purchase St, Milford MA 01757
Elementary SchoolMemorial Ele.
Middle SchoolStacy Middle
High SchoolMilford High
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Public School, Shopping, Medical Facility
Contact Information for 245 Purchase St, Milford MA 01757