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Milford,ME 04461
Key Details
Property Type Multi-Family
Listing Status Active
Square Footage 4,200 sqft
Price per Sqft $141
MLS Listing ID 1612603
Style Other
Full Baths 6
Year Built 1900
Annual Tax Amount $3,341
Tax Year 2024
Lot Size 6,098 Sqft
Property Description
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.
Location
State ME
County Penobscot
Zoning Village
Interior
Heating Heat Pump,Direct Vent Heater,Baseboard
Cooling Heat Pump
Flooring Vinyl,Carpet
Exterior
Parking Features Gravel,Off Street
Utilities Available 1
View Y/N No
Roof Type Shingle
Building
Lot Description Level,Sidewalks,Intown,Near Shopping
Foundation Stone,Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame