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About the Listing 1126 - 023952
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.
Listing Highlights for 88 Main Rd
Status
Active
Days on Site
233
Property Type
Multi-Family
MLS ®
1612603
Year Built
1900
Total Square Footage
4,200
Lot/Acreage
0.14
County
Penobscot
Interior Details
- Bedrooms: 0
- Bathrooms: 6 Full
- Appliances:
- Air Cond: Heat Pump
- Heating: Heat Pump,Direct Vent Heater,Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 4200
- Below Ground Sq Ft: 0
- Basement: Interior,Dirt Floor
- Other:
- Water: Public
Exterior Details
- Lot Description: Level,Sidewalks,Intown,Near Shopping
- Garage Capacity: N/A
- Zoning: Village
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Gravel,Off Street
Financial Details
- Tax Amount: $3,341
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
88 Main Rd Milford, ME 04461
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