NOT LISTED FOR SALE

21 Franklin St Milford, MA 01757

10 Beds
5 Baths
4,714 Sq Ft
0.51 Acres

Last Sold May 26, 2016

Last sale price $545,000 $116 Per Sq Ft

164 Days on Market

About This Home

As of May 2016

Back on the market. Increased rents and decreased price makes this an even more attractive investment than before !!! This well maintained 5 unit Victorian is a solid investment property that is fully de-leaded with certs, reduce your liability to 0 !!!! Good rents, fully rented and stable tenancy add to its appeal. Annual rent is $57,900 with rent increases averaging 6% a year. Occupancy rate has averaged 95% for the past 4 years. House has vinyl siding and replacement windows and is walking distance to town, shopping and schools. All units are separately metered along with a house meter. There is ample off street parking behind the building for at least 12 vehicles with room for expansion if desired. Coin-op laundry in the basement.

Last Agent to Sell the Property

Bob Giombetti

Ambrit Realty, LLC License #449504513 Listed on: 10/31/2015

Last Buyer's Agent

Marc Cercone

Realty Executives Boston West

Realty Executives Boston West

Property Details

Home Type

Multi-Family

Year Built

1902

Lot Details

0

Listing Details

  • Lot Description: Wooded, Level
  • Property Type: Multi-family
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Insc: 2511
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1902

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 25
  • Amenities: Shopping, Swimming Pool, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School
  • Electric: 110 Volts, 220 Volts, Circuit Breakers, Individually Metered
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Tile, Vinyl, Wall to Wall Carpet, Hardwood, Wood Laminate, Parquet
  • Basement: Full, Concrete Floor, Unfinished Basement
  • Total Levels: 5

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles, Rubber
  • Construction: Frame
  • Exterior: Wood, Vinyl
  • Exterior Features: Gutters
  • Foundation: Irregular

Garage/Parking

  • Parking: Off-Street, Assigned, Guest, Improved Driveway
  • Parking Spaces: 12

Utilities

  • Heat Zones: 7
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Varies per Unit
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 5

Lot Info

  • Zoning: RA
  • Lot: 288

Multi Family

  • APOD Available: Yes
  • Expenses Year End: 12/14
  • Foundation: IRREGULAR
  • Heat Units: 5
  • Total Bedrooms: 10
  • Total Floors: 9
  • Total Full Baths: 5
  • Total Levels: 3
  • Total Rms: 25
  • Total Rent_1: 4825

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2016 05/26/16 Sold $545,000 -2.2% $116 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
10/31/2015 10/31/15 For Sale $557,500 -- $118 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Bob Giombetti

    Ambrit Realty, LLC

    Section Image
  • Marc Cercone

    Buyer's Agent in 2016

    Marc Cercone

    Realty Executives

    (781) 844-3591

    3 in this area

    64 Total Sales

    Marc Cercone
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71926275

MLS Property Information Network (MLS PIN)
Massachusetts Worcester County Milford 01757

21 Franklin St, Milford, MA

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