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23 Leonard St, Milford MA 01757

$560,000

Estimated $1,445/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $280,000

Total Rent: 56400/year

Estimated CAP Rate:

6 Bedrooms

Baths

1876

Total Parking: 6 (1 Garage)

9,500 (0.22)

Excellent opportunity to own an income-producing two-family property in Milford! Featuring updated interiors, two separate living units, and off-street parking, this property offers an appealing opportunity for investors looking to expand their portfolio. The first-floor unit features two bedrooms, an eat-in kitchen, and a comfortable living area, while the second-floor unit offers three bedrooms, a spacious kitchen, and additional living space. A partially finished basement provides added versatility. Both units are currently occupied, with one tenancy on a month-to-month basis and the other under a lease, offering existing rental income and flexibility for future ownership plans. Exterior siding is being updated. Conveniently located near Milford’s local amenities, shopping, dining, and major routes, this property is full of potential for its next owner!

This home has been viewed 9 times

Last Checked: October 11th, 2026 at 7:53am (Source: MLS PIN #73589261)

Gross Income: $56,400

Gross Expenses: $6,448

Net Income Calc: $49,952

Annual Expenses for 23 Leonard St, Milford MA 01757

Total Gross Expenses (Calculated)$6,448/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6448

Annual Income & Unit Breakdown for 23 Leonard St, Milford MA 01757

Total Gross Income (Calculated)$56,400

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 23 Leonard St, Milford MA 01757

Listing ID73589261

Property TypeMulti Family

Price560000 ($298.51/SqFt)

StyleMulti Family

CityMilford

CountyWorcester

Neighborhood(s)

Approximate Living Area Total1876

Approximate Lot Size (Acres)0.22

Total Parking6 (1 Garage)

Garage Parking1

Year Built1890

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningRA

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 23 Leonard St, Milford MA 01757

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsHot Tub Is Not Staying!

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 23 Leonard St, Milford MA 01757

Real Estate Taxes6448

Tax Year2026

Assessed Value$508,100

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 23 Leonard St, Milford MA 01757

Neighborhood(s)

Area Amenities

Contact Information for 23 Leonard St, Milford MA 01757

Agent

Name: Sarah Khosla

Office

Name: EVO Real Estate Group, LLC

Phone: 617-517-9755

Team Members

Payment Calculator

, Interest

Property Taxes 537.33

Principal & Interest 3450.54

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

EVO Real Estate Group, LLC

Sarah Khosla

Agent Phone

Office Phone

(617) 517-9755

Text Agent Call Agent Call Office

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EXIT

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