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Active Under Contract

59 Purchase St., Milford MA 01757

$619,000

Estimated $1,586/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $309,500

Total Rent: 60000/year

Estimated CAP Rate:

4 Bedrooms

Baths

2040

Total Parking: 4

8,999 (0.21)

OPEN HOUSE CANCELLED....Well-maintained 2-family property offering an exceptional opportunity for investors or owner-occupants. The first-floor unit features 3 spacious bedrooms, an open living/dining area, and generous room sizes. The second-floor unit offers a bright 1-bedroom layout with abundant natural light and a spacious living room. Major updates completed in 2017 include the roof, vinyl siding, and heating system. The exterior features a paved driveway with parking for up to 4 cars, additional off-street parking, and a large backyard perfect for entertaining or relaxing. Conveniently located near shopping, restaurants, schools, parks, walking/jogging trails, bike paths, medical facilities, and major commuter routes. Strong rental income with Unit 1 at $3,000/month and Unit 2 at $2,000/month. Updated systems, excellent tenant appeal, and a prime location make this a fantastic income-producing property with long-term investment potential.

This home has been viewed 8 times

Last Checked: August 1st, 2026 at 8:58am (Source: MLS PIN #73548071)

Gross Income: $60,000

Gross Expenses: $14,830

Net Income Calc: $45,170

Water Views

Annual Expenses for 59 Purchase St., Milford MA 01757

Total Gross Expenses (Calculated)$14,830/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6989

Annual Income & Unit Breakdown for 59 Purchase St., Milford MA 01757

Total Gross Income (Calculated)$60,000

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 59 Purchase St., Milford MA 01757

Listing ID73548071

Property TypeMulti Family / 2 Family

Price619000 ($303.43/SqFt)

Style2 Family - 2 Units Up/down

CityMilford

CountyWorcester

MLS AreaNorth Milford

Neighborhood(s)

Approximate Living Area Total2040

Approximate Lot Size (Acres)0.21

Total Parking4

Garage Parking0

Year Built1953

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRB

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 59 Purchase St., Milford MA 01757

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Property

Financial Data SourceEstimated

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 59 Purchase St., Milford MA 01757

Real Estate Taxes6989

Tax Year2025

Assessed Value$546,000

Financial Data SourceEstimated

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 59 Purchase St., Milford MA 01757

Elementary SchoolMemorial

Middle SchoolStacy

High SchoolMilford High School

Neighborhood(s)

MLS AreaNorth Milford

Area AmenitiesWalk/jog Trails

Contact Information for 59 Purchase St., Milford MA 01757

Agent

Name: Ana Loja

Office

Name: Afonso Real Estate

Phone: 508-478-7286

Payment Calculator

, Interest

Property Taxes 582.42

Principal & Interest 3814.08

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Afonso Real Estate

Ana Loja

Agent Phone

Office Phone

(508) 478-7286

Text Agent Call Agent Call Office

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EXIT

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