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5 Mechanic Street, Milford MA 01757

$600,000

Estimated $1,499/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $300,000

Total Rent: 0/year

Estimated CAP Rate:

5 Bedrooms

Baths

2044

Total Parking: 10 (2 Garage)

8,999 (0.21)

ATTENTION INVESTORS & OWNER-OCCUPANTS! HIGH-YIELD POTENTIAL 2-FAMILY AVAILABLE NOW! Introducing an outstanding multi-family property packed with functional layouts, big rooms, a lovely backyard and exceptional parking capacity. The 1ST FLOOR UNIT is a 2 bed, 1 bath setup anchored by a spacious, bright kitchen with room for entertaining, and a large family room. It includes convenient in-unit laundry and its own private enclosed porch—a high-value feature that sets it apart. The 2ND FLOOR UNIT is a 3 bed, 1 bath that spans two full floors of living space. Its main level features a huge eat-in kitchen, formal dining room, and light-filled family room. The main bedroom is off the dining room and includes a private, attached den. Other features include a full bathroom with a tiled shower and a sun-lit enclosed porch. The top floor adds two additional bedrooms plus a secondary flex space for a home office or extra storage, allowing for total lifestyle customization based on need. Laundry for Unit 2 is located in the unfinished basement. Two secondary back staircases off the kitchens for each unit provide direct exterior access overlooking the grassy yard, while a deep off-street driveway easily accommodates multiple vehicles to compliment the 2-car detached garage. Both units offer strong rental potential suited to maximize cash flow with incredible tenant appeal. Keep it, rent it, or take it on as a value-add project to keep you busy this fall/winter. Your portfolio will thank you!

This home has been viewed 2 times

Last Checked: October 6th, 2026 at 8:28pm (Source: MLS PIN #73587088)

Gross Income: $0

Gross Expenses: $6,310

Net Income Calc: $6,310

Annual Expenses for 5 Mechanic Street, Milford MA 01757

Total Gross Expenses (Calculated)$6,310/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6310

Annual Income & Unit Breakdown for 5 Mechanic Street, Milford MA 01757

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 5 Mechanic Street, Milford MA 01757

Listing ID73587088

Property TypeMulti Family / 2 Family

Price600000 ($293.54/SqFt)

Style2 Family - 2 Units Up/down

CityMilford

CountyWorcester

Neighborhood(s)

Approximate Living Area Total2044

Approximate Lot Size (Acres)0.21

Total Parking10 (2 Garage)

Garage Parking2

Year Built1840

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRA

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 5 Mechanic Street, Milford MA 01757

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsRefrigerator In Basement And Table In The Kitchen.

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 5 Mechanic Street, Milford MA 01757

Real Estate Taxes6310

Tax Year2025

Assessed Value$493,000

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 5 Mechanic Street, Milford MA 01757

Neighborhood(s)

Area Amenities

Contact Information for 5 Mechanic Street, Milford MA 01757

Agent

Name: Erika Steele

Office

Name: REMAX Executive Realty

Phone: 508-435-6700

Payment Calculator

, Interest

Property Taxes 525.83

Principal & Interest 3697.01

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

REMAX Executive Realty

Erika Steele

Agent Phone

Office Phone

(508) 435-6700

Text Agent Call Agent Call Office

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EXIT

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