Milford CT Multi Family for Sale
$1,750,000
12-14 Blackall Road Milford, CT 06460
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 10
- Lot size:
- 0.16 Acres
- Year built:
- 1910
- Baths:
- 5.00
- MLS#:
- 24056096
- Subdivision:
- Woodmont
ADDITIONAL INFORMATION
Discover an extraordinary investment opportunity with this unique property steps away from the water in the Borough of Woodmont! No flood insurance is required- just out of the flood zone! 5 separate units spread across two distinct lots with the potential to up the rents - the majority of the tenants are on a monthly basis. Three units with two bedrooms and a well-appointed bathroom, one with 3 bedrooms and amazing water views, as well as an additional one bedroom unit above the garage, perfect for both short-term rentals and long-term tenants. Washer/dryer hookups and appliances included. Situated in the highly desired Woodmont neighborhood, these units provide stunning water views and easy access to the beach. The property is ideal for investors looking to capitalize on the desirable location or for families seeking a multi-generational living arrangement. This listing is a rare find in a sought-after area. Current rental prices are below market value 2/3 bedrooms in this area typically rent for $2500-3000. Projected cap well over 5 percent.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.32 Acres
- Year built:
- 1930
- Baths:
- 4.00
- MLS#:
- 24023573
- Subdivision:
- Devon
ADDITIONAL INFORMATION
Truly a MUST SEE! This exceptional 2 family duplex with 5 bedrooms, 4 full bathrooms & 2 car garage is perfectly situated at the end of a peaceful cul de sac & sited on .32 acres. Unit 107~The main level is completely updated & has a welcoming living room and dining room, updated well equipped eat-in Kitchen which boasts plenty of cabinetry & counterspace & easy access to backyard through mudroom. Additionally, a full bathroom w/shower stall completes the main level. The beautiful staircase leads to the upper level and includes 2 sunlit bedrooms, a small area perfect for a desk/workspace, access to attic for all your storage needs and a full bathroom with tub/shower. The LL w/backyard access is partially finished & includes 2 rooms & laundry area. Unit 105~ Main level has a Living room & separate office space, Dining room w/traditional archway & moldings, full bath w/shower stall, large eat in Kitchen w/laundry closet/storage and mudroom with access to the backyard. The upper level has 3 nice sized bedrooms & full bathroom w/tub. The basement provides great storage space and includes the mechanicals and oil tank. The private backyard w/mature plantings & stone wall is perfect to enjoy the outdoors with plenty of space for entertaining. The 2 car detached garage has plenty of storage & long driveway to accommodate off street parking. Property being sold with occupied tenant. Close proximity to highways, shopping, restaurants, beaches & more.
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Milford Real Estate
The median home value in Milford, CT is $472,500. This is higher than the county median home value of $326,700. The national median home value is $338,100. The average price of homes sold in Milford, CT is $472,500. Approximately 69.3% of Milford homes are owned, compared to 21.92% rented, while 8.79% are vacant. Milford real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Milford real estate agent to arrange a tour today!
Milford, Connecticut has a population of 52,308. Milford is more family-centric than the surrounding county with 30.17% of the households containing married families with children. The county average for households married with children is 26.84%.
The median household income in Milford, Connecticut is $97,785. The median household income for the surrounding county is $75,043 compared to the national median of $69,021. The median age of people living in Milford is 46.2 years.
Milford Weather
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 21.6 degrees. The average rainfall is approximately 45.8 inches per year, with 28.9 inches of snow per year.