$1,099,990
21 Franklin St.
Milford, MA, 01757
INVESTORS TAKE NOTICE! Rare opportunity to own a 5-unit multifamily property in Milford generating approximately $9,200 per month / $110,400 annually in gross rental income. Current rents are below market, offering potential for increased rental income and additional upside for the next owner. This income-producing property features an expansive off-street parking area located behind the building with space for approximately 15+ vehicles, along with lead compliance/certification documentation. Situated on a generous lot with potential for additional development or an ADU. Conveniently located near downtown Milford, shopping, restaurants, and major routes. An excellent opportunity for investors seeking an established multifamily property with strong current income, below-market rents, separate utilities and future growth potential. (buyer to due diligence).
Property Details
Price:
$1,099,990
MLS #:
73567324
Status:
Active
Beds:
10
Baths:
6
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Neighborhood:
southmilford
Listed Date:
Aug 24, 2026
Finished Sq Ft:
4,522
Total Sq Ft:
4,522
Lot Size:
22,002 sqft / 0.51 acres (approx)
Year Built:
1902
Units:
5
Schools
Elementary School:
Memorial
Middle School:
Stacy
High School:
Milford High School
Interior
Above Grade Finished Area
4522
Appliances
Range, Refrigerator
Bathrooms
6 Full Bathrooms
Below Grade Finished Area
1921
Cooling
Window Unit(s)
Flooring
Wood
Heating
Natural Gas
Interior Features
Ceiling Fan(s), Living Room, Kitchen
Levels
5
Exterior
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Public School, Other
Construction Materials
Frame
Lot Features
Level
Open Parking Spaces
12
Open Parking YN
1
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
12
Parking Total
12
Roof
Shingle
Stories
5
Financial
Tax Year
2026
Taxes
$11,789
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Milford as of Aug 31, 2026
6
Multi Family Listed
39
Avg DOM
242
Avg $ / SqFt
$696,048
Avg List Price
Community
- Address21 Franklin St. Milford MA
- CityMilford
- CountyWorcester
- Zip Code01757
Subdivisions in Milford
Similar Listings Nearby
Property Summary
- 21 Franklin St. Milford MA is a Multi Family for sale in Milford, MA, 01757. It is listed for $1,099,990 To schedule a showing of MLS#73567324 at 21 Franklin St. in Milford, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Afonso Real Estate. The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
21 Franklin St.
Milford, MA