88 Main Road Milford, ME 04461
Listing Courtesy of: MAINE LISTINGS - IDX / Better Homes & Gardens Real Estate/The Masiello Group / Sarah Dyer

  88 Main Road Milford, ME 04461

Active (2 Days)
$650,000
6
BATH
4,200
SQFT

Description

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.

MLS #:
1612603
Taxes
$3,341(2024)
Lot Size
6,098 SQFT
Type
Multifamily
Year Built
1900
Style
Multi-Level
County
Penobscot County

Listed By

Sarah Dyer, Better Homes And Gardens Real Estate The Masiello Group
Source
MAINE LISTINGS - IDX
Last checked Jan 18 2025 at 3:00 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 6
Lot Information
  • Near Shopping
  • Intown
  • Sidewalks
  • Level
Property Features
  • Foundation: Brick/Mortar
  • Foundation: Stone
Heating and Cooling
  • Baseboard
  • Direct Vent Heater
  • Heat Pump
Basement Information
  • Interior Entry
  • Other
  • Dirt Floor
Flooring
  • Carpet
  • Vinyl
Exterior Features
  • Roof: Shingle
Utility Information
  • Utilities: Utilities on
  • Sewer: Public Sewer
Parking
  • Off Street
  • Gravel
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Disclaimer: Listing data is derived in whole or in part from the Maine IDX and is for the consumers personal, noncommercial use only. Dimensions are approximate and are not guaranteed. All data should be independently verified. © 2025 Maine Real Estate Information System, Inc. All Rights Reserved