Milford, ME 04461,88 Main RD
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Milford, ME 04461,88 Main RD
Milford, ME 04461,88 Main RD
Milford, ME 04461,88 Main RD
Milford, ME 04461,88 Main RD
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The Scoville Foley Team

The Scoville Foley Team

The Scoville Foley Team

+1(207) 885-0500
Listed by Better Homes & Gardens Real Estate/The Masiello Group
$ 550,000
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Active

88 Main RD Milford, ME 04461

6 Baths

4,200 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 4,200 sqft

MLS Listing ID 1612603

Style Other

Full Baths 6

HOA Y/N No

Abv Grd Liv Area 4,200

Year Built 1900

Annual Tax Amount $3,341

Tax Year 2024

Lot Size 6,098 Sqft

Acres 0.14

Source Maine Listings

Land Area 4200

Property Description

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.

Location

State ME

County Penobscot

Zoning Village

Rooms

Basement Interior, Dirt Floor, Other

Interior

Heating Heat Pump, Direct Vent Heater, Baseboard

Cooling Heat Pump

Flooring Vinyl, Carpet

Exterior

Parking Features Gravel, Off Street

Utilities Available 1

View Y/N No

Roof Type Shingle

Garage No

Building

Lot Description Level, Sidewalks, Intown, Near Shopping

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Vinyl Siding,Wood Frame

Others

Energy Description Propane, Electric


Maine MLS (MREIS) IDX
agent

The Scoville Foley Team

+1(207) 885-0500

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88 Main RD