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Closed

17 West Walnut Street, Milford MA 01757

$519,900

Estimated $1,252.94/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $259,950

Total Rent: 29700/year

Estimated CAP Rate: 4.77%

4 Bedrooms

2 Full Baths

2,035 SqFt

Total Parking: 6 (2 Garage)

7,301 SqFt

OFFER DEADLINE - Monday May 8th at 1:00pm - Offer should be submitted as HIGHEST and BEST. Check out this great opportunity to own a Two Family Home in a desirable Town Park Neighborhood in Milford. This home has lots to offer an investor with a fully rented building. Tenants are TAW with great history of paying on time. If you are looking to own and earn income to help pay your mortgage then this home would be perfect! Unit 1 offers 2 Bedrooms, Eat in Kitchen and rent is $1325. per month with a two car garage included. Unit 2 offers 2 Bedrooms with a rent of $1150 per month. Separate utilities, landlord pays water. Unfinished basement offers washer/dryer connects for each unit. The 2 car garage is currently part of the agreement with 1st floor tenant. Updates over the years include new roof (5 years), Windows 2nd floor, garage doors & openers, Boilers 2011, HW Heaters 2020 updated sewer lines in basement & more.

This home has been viewed 22 times

Last Checked: May 7th, 2024 at 7:31am (Source: MLS PIN #73106005)

Gross Income: $29,700

Gross Expenses: $4,919

Net Income Calc: $24,781

CAP Rate: 4.77%

Annual Expenses for 17 West Walnut Street, Milford MA 01757

Total Gross Expenses (Calculated)$4,919/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,919

Annual Income & Unit Breakdown for 17 West Walnut Street, Milford MA 01757

Total Gross Income (Calculated)$29,700

Unit 1

Rental Income$1,325

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

Unit 2

Rental Income$1,150

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

General Information for 17 West Walnut Street, Milford MA 01757

Listing ID73106005

Property TypeMulti Family / 2 Family

Price$519,900 ($255.48/SqFt)

Style2 Family - 2 Units Up/down

CityMilford

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total2,035 SqFt

Approximate Lot Size (Acres)0.17 acres

Total Parking6 (2 Garage)

Garage Parking2 / Detached

Year Built1930

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone,Granite

Accessible Features

Outdoor Space

ZoningRA

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 17 West Walnut Street, Milford MA 01757

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$29,700

Total Net Income By Broker$29,700

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 17 West Walnut Street, Milford MA 01757

Real Estate Taxes$4,919

Tax Year2023

Assessed Value$340,400

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$29,700

BostonRealEstate.com Gross Income

Total Net Income By Broker$29,700

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.77%

Location Information for 17 West Walnut Street, Milford MA 01757

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Bike Path, Public Transportation

Contact Information for 17 West Walnut Street, Milford MA 01757

Agent

Name: The Lioce Team

Office

Name: Keller Williams Elite

Phone: 508-478-7373

Team Members

Name: Joshua Lioce

Phone: 508-962-2909

Payment Calculator

, Interest

Property Taxes 409.92

Principal & Interest 3203.46

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Elite

The Lioce Team

Agent Phone

Office Phone

(508) 478-7373

Text Agent Call Agent Call Office

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                    [index] => 19
                    [enabled] => 1
                    [created] => 2024-05-07 07:31:44
                    [modified] => 2024-05-07 07:31:44
                )

[19] => Array
                (
                    [id] => 7580282
                    [name] => MLS20.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73106005&w=1024&h=768&n=20
                    [index] => 20
                    [enabled] => 1
                    [created] => 2024-05-07 07:31:44
                    [modified] => 2024-05-07 07:31:44
                )

[20] => Array
                (
                    [id] => 7580283
                    [name] => MLS21.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73106005&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-05-07 07:31:44
                    [modified] => 2024-05-07 07:31:44
                )

[21] => Array
                (
                    [id] => 7580284
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73106005&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-05-07 07:31:44
                    [modified] => 2024-05-07 07:31:44
                )

[22] => Array
                (
                    [id] => 7580285
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73106005&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-05-07 07:31:44
                    [modified] => 2024-05-07 07:31:44
                )

[23] => Array
                (
                    [id] => 7580286
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73106005&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2024-05-07 07:31:44
                    [modified] => 2024-05-07 07:31:44
                )

[24] => Array
                (
                    [id] => 7580287
                    [name] => MLS25.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73106005&w=1024&h=768&n=25
                    [index] => 25
                    [enabled] => 1
                    [created] => 2024-05-07 07:31:44
                    [modified] => 2024-05-07 07:31:44
                )

[25] => Array
                (
                    [id] => 7580288
                    [name] => MLS26.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73106005&w=1024&h=768&n=26
                    [index] => 26
                    [enabled] => 1
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                    [modified] => 2024-05-07 07:31:44
                )

[26] => Array
                (
                    [id] => 7580289
                    [name] => MLS27.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73106005&w=1024&h=768&n=27
                    [index] => 27
                    [enabled] => 1
                    [created] => 2024-05-07 07:31:44
                    [modified] => 2024-05-07 07:31:44
                )

)

)

EXIT