88 Main Road, Milford, ME, 04461 | $595,000

This well-maintained and recently renovated 6-unit multifamily property offers excellent income with strong, reliable cash flow. Five of the six units have been recently renovated this investment provides an attractive opportunity for both new and seasoned investors.
Key upgrades include new floors in five units, and new vinyl siding, ensuring low maintenance and long-term durability. The property features a combination of propane Rinnai heat in five units and a modern heat pumps in three units for optimal energy efficiency. Additionally, most of the windows have been replaced, further enhancing energy savings and tenant comfort.
Situated in the desirable Milford area, this property offers consistent rental demand and long-term appreciation potential. With its turnkey status and solid income stream, this is an ideal investment for anyone looking to expand their portfolio with minimal upfront work. Property management company already in place.
Don't miss out on this exceptional opportunity to own a fully updated, income-generating property in a growing community.

Features

  • Baths: 6 full
  • Units: 6
  • Style: Multi-Level
  • Year Built: 1900
  • Heating: Heat Pump, Direct Vent Heater, Baseboard
  • Cooling: Heat Pump
  • Basement: Dirt Floor, Other, Interior Entry
  • Approx Sq. Feet: 4,200
  • Acreage: 0.14
  • Est. Taxes: $3,341
  • Lot Desc: Level, Sidewalks, Intown, Near Shopping
  • MLS#: 1612603
  • Website: https://www.raveis.com
    /prop/1612603/88mainroad_milford_me?source=qrflyer
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Listing courtesy of Better Homes & Gardens Real Estate/The Masiello Group

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