Description
Opportunity meets lifestyle in Milford! This side-by-side two-family property offers the rare combination of strong rental income, flexible living options, and close proximity to the shoreline. Whether you're an investor seeking reliable cash flow or a buyer looking to offset your mortgage with rental income, this property delivers. Featuring two units: a three-bedroom, one-and-a-half-bath currently generating $3,100 per month, and a one-bedroom, one-bath unit rented for $1,500 per month. Both units have private entrances, separate utilities, in-unit washer and dryers, and tenants pay all utilities except water and sewer, creating an efficient investment setup. With some cosmetic updates, there may also be an opportunity to further enhance the property and increase rental income over time. Situated on a generous 0.24-acre lot with off-street parking and an unfinished basement offering additional storage, the property provides both practicality and long-term upside. Existing leases are in place through April 2026 and September 2026, offering immediate and stable rental income. Just under a mile from Silver Sands State Park and Walnut Beach, and only a half mile to Post Road shopping, restaurants, and everyday amenities. Easy access to major commuting routes including I-95 further enhances the appeal. A rare opportunity to own a well-located multifamily property in one of Milford's most desirable shoreline communities. Tenants on annual leases expiring 4/30/26 (3 bedroom) and 9/30/26 (1 bedroom).
-
4BEDS
-
0.24ACRES
-
2BATHS
-
11/2 BATHS
-
1,707SQFT
-
$351$/SQFT
School Information
Description
Opportunity meets lifestyle in Milford! This side-by-side two-family property offers the rare combination of strong rental income, flexible living options, and close proximity to the shoreline. Whether you're an investor seeking reliable cash flow or a buyer looking to offset your mortgage with rental income, this property delivers. Featuring two units: a three-bedroom, one-and-a-half-bath currently generating $3,100 per month, and a one-bedroom, one-bath unit rented for $1,500 per month. Both units have private entrances, separate utilities, in-unit washer and dryers, and tenants pay all utilities except water and sewer, creating an efficient investment setup. With some cosmetic updates, there may also be an opportunity to further enhance the property and increase rental income over time. Situated on a generous 0.24-acre lot with off-street parking and an unfinished basement offering additional storage, the property provides both practicality and long-term upside. Existing leases are in place through April 2026 and September 2026, offering immediate and stable rental income. Just under a mile from Silver Sands State Park and Walnut Beach, and only a half mile to Post Road shopping, restaurants, and everyday amenities. Easy access to major commuting routes including I-95 further enhances the appeal. A rare opportunity to own a well-located multifamily property in one of Milford's most desirable shoreline communities. Tenants on annual leases expiring 4/30/26 (3 bedroom) and 9/30/26 (1 bedroom).
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc. Data last updated: 2026-04-16T16:10:32.377.