Great opportunity for investors or owner-occupants! Meticulously maintained by one family over the last 75 years, this extremely well-maintained two-family home is just seconds from Milford Center, Draper Memorial Park, and offers easy access to I-495. Unit 1 features a screened porch, a bright living room with a bay window, a spacious kitchen, a dining area, two good-sized bedrooms, and a full bathroom. Unit 2 offers a large living room with a bay window, an eat-in kitchen, two bedrooms, beautiful hardwood floors, a full bath, and access to a walk-up attic for added storage or potential expansion. New heating system installed in the last year. The exterior boasts a large driveway with two carport stalls. Whether you're looking to invest or live in one unit while renting the other, this property offers excellent versatility and strong income potential! Both units delivered vacant.
This home has been viewed 13 times
Last Checked: June 14th, 2025 at 9:48am (Source: MLS PIN #73387006)
Gross Income: $0
Gross Expenses: $5,151
Net Income Calc: $5,151
CAP Rate: -0.78%
Annual Expenses for 6 Park Terrace, Milford MA 01757
Total Gross Expenses (Calculated)$5,151/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,151
Annual Income & Unit Breakdown for 6 Park Terrace, 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(water), Unit 2(water)
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 6 Park Terrace, Milford MA 01757
Listing ID73387006
Property TypeMulti Family / 2 Family
Price$659,900 ($363.38/SqFt)
Style2 Family - 2 Units Up/down
CityMilford
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total1,816 SqFt
Approximate Lot Size (Acres)0.07 acres
Total Parking8 (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 MaterialsFrame
Lot FeaturesLevel
Foundation Area0
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningCA
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 6 Park Terrace, Milford MA 01757
Lead Paint
UFFIUnknown
Living Area Includes BasementNo
Living Area DisclosureMeasurements are approx.
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 Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 6 Park Terrace, Milford MA 01757
Real Estate Taxes$5,151
Tax Year2025
Assessed Value$402,400
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)-0.78%
Location Information for 6 Park Terrace, Milford MA 01757
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHouse Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation
Contact Information for 6 Park Terrace, Milford MA 01757