NOT LISTED FOR SALE

45 Congress St Milford, MA 01757

Estimated Value: $571,000 - $620,000

4 Beds
3 Baths
2,152 Sq Ft
$278/Sq Ft Est. Value

Last Sold January 04, 2023

Last sale price $500,000 $232 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,775/month

56 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Heating Available
  • Property is near public transit
  • Cooling Available
  • 1-minute walk to Milford Town Park

About This Home

As of January 2023

Hard to find Three-Family Home now available in Milford! This well maintained unit is set back off of Congress street, leading to a quiet lot with a productive 3 family. Centrally located with great commuting access. Vinyl sided, many replacement windows, younger roof and updated egress ensure big capital expenses are taken care of. All units on electric heat (separated by sub-panels in each unit) and electric hot water for low operational costs. Units are functional smaller units to maximize rent per square foot. Take advantage of Milford's excellent rental history and own this property in your portfolio! Exterior stairs recently updated (2019). Large parking lot in the back.

Last Agent to Sell the Property

Matt Chan

Vanderbilt Properties, LLC Listed on: 09/15/2022

Last Buyer's Agent

Matheus Goncalves

Mega Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,817

Year Built

  • Built in 1850

Lot Details

  • 7,000 Sq Ft Lot
  • Property fronts an easement

Home Design

  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,152 Sq Ft Home
  • Property has 1 Level
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 4 Car Parking Spaces
  • Stone Driveway
  • Shared Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Memorial Elementary School
  • Stacy Middle School
  • Milford High School

Utilities

  • Cooling Available
  • Heating Available
  • Separate Meters
  • Electric Water Heater

Community Details

  • 3 Units
  • Net Operating Income $46,800

Listing and Financial Details

  • Total Actual Rent $3,900
  • Assessor Parcel Number 1616053

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,817

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1850
  • Buyer Agency: 2.25
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Wood,Carpet,Wood Laminate, Unit 1(undefined), Unit 2(Wall to Wall Carpet), Unit 3(Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Upgraded Cabinets,Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 3(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 3 Rooms(Kitchen,Living RM/Dining RM Combo)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range), Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Basement: Partial, Crawl Space
  • Living Area: 2152
  • Stories Total: 4
  • MAIN LO: AN7775
  • LIST PRICE PER Sq Ft: 241.17
  • PRICE PER Sq Ft: 232.34
  • MAIN SO: K95546

Exterior Features

  • Exterior Features: Rain Gutters
  • Foundation Details: Stone
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Shared Driveway, Off Street, Stone/Gravel
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, Washer Hookup
  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC)
  • Heating: Unit 1(Electric Baseboard), Unit 2(Electric Baseboard), Unit 3(Electric Baseboard)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Public School

Lot Info

  • Parcel Number: 1616053
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 7000
  • Lot Size Units: Acres
  • PAGE: 178
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5817.42
  • Tax Book Number: N/A

Multi Family

  • Gross Income: 46800
  • Net Operating Income: 46800
  • Number Of Units Total: 3
  • Total Actual Rent: 3900
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 2
  • FLRS 2: 1

MLS Schools

  • High School: Milford Hs
  • Elementary School: Memorial School
  • Middle Or Junior School: Stacy Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 1988
Sold by
Gentili Thomas L
Bought by
Greenhouse R T
Current Estimated Value
$590,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
10.48%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Greenhouse R T $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bastos Marcelo P $375,000
Closed Greenhouse R T $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2023 01/04/23 Sold $500,000 -3.7% $232 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
10/15/2022 10/15/22 Price Changed $519,000 -3.7% $241 / Sq Ft
10/06/2022 10/06/22 For Sale $539,000 0.0% $250 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $539,000 -- $250 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,470 $505,500 $151,200 $354,300
2024 $6,301 $474,100 $144,100 $330,000
2023 $6,141 $425,000 $131,800 $293,200
2022 $5,817 $378,000 $119,500 $258,500
2021 $5,366 $335,800 $119,500 $216,300
2020 $5,249 $328,900 $119,500 $209,400
2019 $4,992 $301,800 $119,500 $182,300
2018 $4,468 $269,800 $119,500 $150,300
2017 $4,276 $254,700 $119,500 $135,200
2016 $4,290 $249,700 $119,500 $130,200
2015 $4,289 $244,400 $114,200 $130,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73037280

MLS Property Information Network (MLS PIN)

APN: MILF-000041-000000-000247