$650,000

Est. Mortgage $0/mo *

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88 Main Road, Milford, ME, 04461

88 Main Road, Milford, ME, 04461
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6 Full baths

1900

Multi-Level

4,200 sqft

This well-maintained and recently renovated 6-unit multifamily property offers excellent income with strong, reliable cash flow. Five of the six units have been recently renovated this investment provides an attractive opportunity for both new and seasoned investors. Key upgrades include new floors in five units, and new vinyl siding, ensuring low maintenance and long-term durability. The property features a combination of propane Rinnai heat in five units and a modern heat pumps in three units for optimal energy efficiency. Additionally, most of the windows have been replaced, further enhancing energy savings and tenant comfort. Situated in the desirable Milford area, this property offers consistent rental demand and long-term appreciation potential. With its turnkey status and solid income stream, this is an ideal investment for anyone looking to expand their portfolio with minimal upfront work. Property management company already in place. Don't miss out on this exceptional opportunity to own a fully updated, income-generating property in a growing community.

Status:

Active

Type:

Multi-family

Units:

6

Zoning:

Village

Heating:

Heat Pump, Direct Vent Heater, Baseboard

Cooling:

Heat Pump

Basement:

Dirt Floor, Other, Interior Entry

Parking:

Gravel, Off Street

Acreage:

0.14

Est. Taxes:

$3,341

Construction

Vinyl Siding, Wood Frame

Utilities

Utilities On

Lot Description:

Level, Sidewalks, Intown, Near Shopping

MLS #:

1612603

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Better Homes & Gardens Real Estate/The Masiello Group