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Active

38 Depot Street, Milford MA 01757

$649,900

Estimated $1,615/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $216,633.33

Total Rent: 52860/year

Estimated CAP Rate:

5 Bedrooms

Baths

2602

Total Parking: 5 (1 Garage)

5,227 (0.12)

Rare opportunity to own a three-family in MetroWest—hard to come by and ideal for investors or owner-occupants. Conveniently located near Milford’s shops, restaurants, and local amenities, this well-maintained property offers strong income potential with classic charm. Each unit features spacious layouts with large kitchens and bedrooms, filled with natural light.Recent seller updates include a replaced sewer line, refreshed exterior improvements with recently done landscaping, and enhancements to Unit 1 with a new gas range and separate 35K BTU Williams gas heater. Utilities are separately metered (not water) for ease of management.Fully fenced yard, two-street access, private off-street parking, and a detached one-car garage complete the offering.Open Houses 5/9 & 5/10 from 11–1 PM—stop by to see the opportunity for yourself.

This home has been viewed 3 times

Last Checked: May 5th, 2026 at 10:13am (Source: MLS PIN #73512460)

Gross Income: $52,860

Gross Expenses: $6,738

Net Income Calc: $46,122

Annual Expenses for 38 Depot Street, Milford MA 01757

Total Gross Expenses (Calculated)$6,738/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6738

Annual Income & Unit Breakdown for 38 Depot Street, Milford MA 01757

Total Gross Income (Calculated)$52,860

Unit 1

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

Lease

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 38 Depot Street, Milford MA 01757

Listing ID73512460

Property TypeMulti Family / 3 Family

Price649900 ($249.77/SqFt)

Style3 Family - 3 Units Up/down

CityMilford

CountyWorcester

Neighborhood(s)

Approximate Living Area Total2602

Approximate Lot Size (Acres)0.12

Total Parking5 (1 Garage)

Garage Parking1

Year Built1870

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningBP

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 38 Depot Street, Milford MA 01757

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsDr And Kitchen Chandeliers

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 38 Depot Street, Milford MA 01757

Real Estate Taxes6738

Tax Year2025

Assessed Value$526,400

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 38 Depot Street, Milford MA 01757

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 38 Depot Street, Milford MA 01757

Agent

Name: Erica Antonio

Office

Name: Keller Williams Boston MetroWest

Phone: 508-877-6500

Payment Calculator

, Interest

Property Taxes 561.5

Principal & Interest 4004.48

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Boston MetroWest

Erica Antonio

Agent Phone

Office Phone

(508) 877-6500

Text Agent Call Agent Call Office

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EXIT

31 More Photos

Active

38 Depot Street, Milford MA 01757

$649,900

Annual Expenses for 38 Depot Street, Milford MA 01757

Annual Income & Unit Breakdown for 38 Depot Street, Milford MA 01757

General Information for 38 Depot Street, Milford MA 01757

Disclosures for 38 Depot Street, Milford MA 01757

Financial Information for 38 Depot Street, Milford MA 01757

Location Information for 38 Depot Street, Milford MA 01757

Contact Information for 38 Depot Street, Milford MA 01757

Agent

Office

Payment Calculator

Exclusive Listing Agent

Keller Williams Boston MetroWest

Erica Antonio