NOT LISTED FOR SALE

43 Exchange St Milford, MA 01757

13 Beds
7 Baths
5,736 Sq Ft
5,663 Sq Ft Lot

Last Sold August 14, 2020

Last sale price $825,000 $144 Per Sq Ft

4 Days on Market

About This Home

As of August 2020

OPEN HOUSE CANCELLED: ACCEPTED OFFER SIGHT UNSEEN Rare Opportunity to own this 7 unit residential building within walking distance of Downtown Milford and public transportation. Property includes (1) 3 Bedroom Unit, (4) 2 Bedroom units, and (2) 1 Bedroom Units. All units are rented and have solid rental histories. One parking spot per unit but plenty of on street parking is available. Tenants pay for electricity and heat is electric which means less to manage, easy to maintain, and greater cash flows! Priced slightly below a true 8 cap, its an easy decision to leverage these great interest rates for cash flow and future appreciation. Estimated cash on cash return exceeds 14% even with a full investment mortgage! Don't let this opportunity slip through your fingers! Property can purchased in conjunction with MLS #72669990

Last Agent to Sell the Property

Zachery Whiting

RE/MAX Real Estate Center Listed on: 06/08/2020

RE/MAX Real Estate Center

Last Buyer's Agent

Rodrigo Azevedo

Pablo Maia Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1877

Lot Details

  • 5,663

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Outdoor Features

  • Deck
  • Rain Gutters

Utilities

  • Electric Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:48 B:000 L:576

Property Details

Home Type

Multi-Family

Year Built

Built in 1877

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 139.45
  • Comp Based On: Net Sale Price
  • Year Built: 1877
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1877

Interior Features

  • Flooring: Tile, Vinyl, Wall to Wall Carpet, Varies Per Unit
  • Total Flrs: 6
  • No Bedrooms: 13
  • Total Brs: 13
  • Full Bathrooms: 7
  • Total Fbh: 7
  • No Rooms: 22
  • Basement: Y
  • Basement Features: Full, Interior Access, Dirt Floor, Concrete Floor, Unfinished Basement
  • Main Lo: BB0125
  • Main So: NB1705
  • Estimated Sq Ft: 5736.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Deck - Wood, Gutters
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 7

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Individually Metered
  • Hot Water: Electric
  • Utility Connections: for Electric Oven

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Public School

Lot Info

  • Assessments: 651700.00
  • Acre: 0.13
  • Lot Size: 5802.00
  • Page: 78
  • Parcel Number: M:48 B:000 L:576
  • Zoning: OR
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Varies per Unit

Multi Family

  • APOD Available: Yes
  • Total Levels: 5
  • Total Rent: 7880
  • Total Rms: 34
  • No Units: 7
  • Mf Type: 5-9 Family

Tax Info

  • Taxes: 10401.00
  • Assessor Parcel Number: 1618021

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $825,000 +3.1% $144 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $799,900 -- $139 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72669971

MLS Property Information Network (MLS PIN)