Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Team Real Estate
Property view
Listing view 2
Listing view 3

88 Main Road, 
Milford, ME 04461

$595,000


Bed


6

Baths


4,200

Sq Ft


Multi-Family

Active

Listed by

Sarah Dyer

Better Homes & Gardens Real Estate/The Masiello Group

Last updated:

April 25, 2025, 02:55 PM

MLS#

1612603

Source:

ME MREIS

About This Home

88 Main Road

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.

Home Facts

Multi-Family

6 Baths

Built in 1900

Price Summary

595,000

$141 per Sq. Ft.

MLS #:

1612603

Last Updated:

April 25, 2025, 02:55 PM


Rooms & Interior

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6

Interior

Living Area:

4,200 Sq. Ft.


Structure

Structure

Building Area:

4,200 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

6,098


Finances & Disclosures

Finances

Price:

$595,000

Price per Sq. Ft:

$141 per Sq. Ft.

MLS Logo
MREIS Multiple Listing Service™ system 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. © 2023 Maine Real Estate Information System, Inc. All Rights Reserved

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.