7 Purchase Street, Milford, MA 01757
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$539,900
2 Unit
4 Beds
2 Baths
2410 SQFT
0.11 Acre

Property Description

Don't miss this incredible opportunity to own a well-maintained two-family home brimming with growth potential! This property features two spacious units, each offering 2-3 bedrooms and 1 full bath, making it ideal for a variety of living arrangements. Conveniently located just minutes from local shops, schools, parks, and major commuter routes, this home is perfectly situated for both tenants and owner-occupants. With strong rental income and room for growth, it's an excellent choice for investors seeking steady cash flow or homeowners looking to offset mortgage costs. Recent updates include a newer roof (3 years) and a newer high efficiency heating system (4-5 years), ensuring peace of mind for years to come. Whether you're expanding your investment portfolio or stepping into multi-family ownership, this versatile property is a must-see. Don't wait—schedule your showing today and explore the possibilities!

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Amenities: Bike Path, Highway Access, Medical Facility, Park, Shopping
  • Basement Features: Full
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Tile Floor
  • Common Appliances: Range, Refrigerator, Washer Hookup

Financial

  • APOD Available: No
  • Gross Operating Income: 30600
  • Gross Expenses: 2599
  • GSE: 1806
  • Water/Sewer: 793
  • INSC: 1844
  • Net Operating Income: 26157

Utilities

  • Electric Info: 100 Amps, Other (See Remarks)
  • Utility Connections: for Electric Dryer, for Gas Oven, for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Heat, Hot Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Hot Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1880
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Laminate, Tile, Vinyl, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73369617
  • Last Updated: 05/05/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/05/2025New$539,900$224MLSPIN

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Seller's Representative: Joshua Lioce, LPT Realty - Lioce Properties Group
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-05-05 12:14:00