SoldMay 26, 2016

Listed by Bob Giombetti from Ambrit Realty, LLC

Bought with Marc Cercone from Coldwell Banker Residential Brokerage - Framingham

Source: MLS Property Information Network Inc #71926275

21 Franklin St, Milford, MA, 01757

$545,000

10
5
12
4714 sq. ft.
22000 sq. ft.

Other

Sold: May 26, 2016

What's around 21 Franklin St

About this property

Back on the market. Increased rents and decreased price makes this an even more attractive investment than before !!! This well maintained 5 unit Victorian is a solid investment property that is fully de-leaded with certs, reduce your liability to 0 !!!! Good rents, fully rented and stable tenancy add to its appeal. Annual rent is $57,900 with rent increases averaging 6% a year. Occupancy rate has averaged 95% for the past 4 years. House has vinyl siding and replacement windows and is walking distance to town, shopping and schools. All units are separately metered along with a house meter. There is ample off street parking behind the building for at least 12 vehicles with room for expansion if desired. Coin-op laundry in the basement.

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