Direct: 508-498-1426 • Office: 508-435-6700 
Fax: 508-435-5550 
Andrea Larson Ellsworth
22 South Street Suite 203
Hopkinton, MA 01748

Direct: 508-498-1426 
Office: 508-435-6700 
Fax: 508-435-5550 

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59-61 Water Street, Milford, MA 01757

Multi-Family

$749,900
Price

2
Units
2,806
Approx. GLA
Recently renovated townhouse style two family property, within walking distance to shopping and medical facilities. Tenant provides additional income to pay the mortgage for those interested in being owner occupants, also a great opportunity for those looking for investment property. Each unit has 4 bedrooms, and a finished 3rd floor space. Solar equipment is paid for and generates nothing but income. Seller will remove solar panels upon request. Property currently a two family home, previously had been converted to condos, and likely could be again. Property cash flows. Milford is a commuters dream being proximate to the Mass Pike, Rte. 95, the commuter rail, and has two exits off Rte. 495. Schedule your showing today.
Open House
No scheduled Open Houses
Highlights
Terms: Contract for Deed
Basement Features: Full, Walk Out, Interior Access, Bulkhead, Concrete Floor, Unfinished Basement, Exterior Access
List Price: $749,900
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Side by Side
Status: Active
Beds: 8
Baths: 2
Units: 2
Year Built: 1920
Year Round: Yes
Approx. GLA: 2,806
MLS#: 72900286
 
 
Interior
Basement: Yes
Electric Features: Circuit Breakers, Individually Metered
Heating Units: 2
Heating Zones: 6
Flooring: Tile, Wall to Wall Carpet, Varies Per Unit, Hardwood
Energy: Solar Features
Rooms: 14
Lead Paint: Unknown
Total Floors: 3
Exterior
Water: No
Acres: 0.26
Lot Size: 11,391.00
Lot Description: Paved Drive, Fenced/Enclosed
Foundation: Fieldstone
Parking Spaces: 6
Parking Features: Off-Street, Paved Driveway, On Street Without Permit
Road Type: Public, Paved, Publicly Maint., Sidewalk
Color: White
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Electric Range, for Electric Oven, for Gas Dryer, for Electric Dryer, Washer Hookup, Varies per Unit
Exterior: Vinyl
Exterior Features: Porch, Patio, Gutters, Storage Shed, Screens, Fenced Yard
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $333,200
Taxes: $5,325
Tax Year: 2021
Book/Page: 39515/102
Beach
Beach: No
Expenses
Gross Income: $58,800
Total Rent: $4,900
Net Income: $58,800
Additional
Amenities: Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School
Exclusions: All personal belongings.
Disclosure Declaration: No
Disclosure: Solar panels owned by the seller (not a 3rd party), and can be removed if so desired; property previously zoned as two condominiums and likely could be again; property includes exterior security cameras.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 7 4 0 1 1 0 Yes 3 $2,140
Unit 2 7 4 0 1 1 0 Yes 3 $1,900
Units Extras
Unit 1
Rent Includes:  Electric  Cooling:  None  Applicances:  Range, Disposal  Heating:  Hot Water Baseboard, Gas, Individual, Unit Control  Interior:  Stone/Granite/Solid Counters, Bathroom with Shower Stall, Hardwood Floors, Wall to Wall Carpet, Stone/Ceramic Tile Floor, Ceiling Fans  Rooms:  Kitchen, Family Room, Loft 
Unit 2
Rent Includes:  None  Cooling:  None  Applicances:  Range, Disposal  Heating:  Hot Water Baseboard, Gas, Individual, Unit Control  Interior:  Stone/Granite/Solid Counters, Bathroom with Shower Stall, Hardwood Floors, Wall to Wall Carpet, Stone/Ceramic Tile Floor, Ceiling Fans  Rooms:  Kitchen, Family Room, Loft 
The listing office is Afonso Real Estate and the listing agent is Sean Kelly. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 11/30/2021 9:35:00 PM.


RE/MAX Executive Realty   Andrea Larson Ellsworth, Realtor
RE/MAX Executive Realty
22 South Street Suite 203 • Hopkinton, MA 01748 Map it
Direct: 508-498-1426 • Office: 508-435-6700 
Fax: 508-435-5550 
[email protected]

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