21 Franklin St., Milford MA 01757
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$1,099,990

21 Franklin St., Milford MA 01757
Milford, MA 01757
Listed by Ana Loja
Bedrooms
10
Bathrooms
6
Living area
4,522 sqft
Year built
1902

About this home

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

MLS #
73567324
Property type
5+ Family - 5+ Units Up/Down
Subdivision
N/A
Status
Active
Days on market
1
On market date
August 24, 2026
Stories
5
Garage spaces
N/A
Lot size
0.51 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Memorial
0.47 mi away · Grades 0-2
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
491
Student:teacher ratio
12.6:1
District
Milford
Middle
Stacy Middle
0.35 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,008
Student:teacher ratio
12.8:1
District
Milford
High
Milford High
1.07 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,278
Student:teacher ratio
13.0:1
District
Milford

Mortgage calculator

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Est. monthly payment
$6,774/mo
$219,998 down
$879,992 loan
Principal & interest$5,708
Property tax (est.)$917
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.