New
$600,000
5 bd · 2 ba · 2,044 sqft · 8,999 sqft lot
5 Mechanic St, Milford, MA 01757
Multi-family · Built 1840 · $294/sqft ·
$3,576/mo est. payment
- Garage
- 2 cars
- Stories
- 3
Flood factor 1/10
About this home
ATTENTION INVESTORS & OWNER-OCCUPANTS! HIGH-YIELD POTENTIAL 2-FAMILY AVAILABLE NOW! Introducing an outstanding multi-family property packed with functional layouts, big rooms, a lovely backyard and exceptional parking capacity. The 1ST FLOOR UNIT is a 2 bed, 1 bath setup anchored by a spacious, bright kitchen with room for entertaining, and a large family room. It includes convenient in-unit laundry and its own private enclosed porch-a high-value feature that sets it apart. The 2ND FLOOR UNIT is a 3 bed, 1 bath that spans two full floors of living space. Its main level features a huge eat-in kitchen, formal dining room, and light-filled family room. The main bedroom is off the dining room and includes a private, attached den. Other features include a full bathroom with a tiled shower and a sun-lit enclosed porch. The top floor adds two additional bedrooms plus a secondary flex space for a home office or extra storage, allowing for total lifestyle customization based on need. Laundry for Unit 2 is located in the unfinished basement. Two secondary back staircases off the kitchens for each unit provide direct exterior access overlooking the grassy yard, while a deep off-street driveway easily accommodates multiple vehicles to compliment the 2-car detached garage. Both units offer strong rental potential suited to maximize cash flow with incredible tenant appeal. Keep it, rent it, or take it on as a value-add project to keep you busy this fall/winter. Your portfolio will thank you!
Facts and features
Bedrooms
- Bedrooms: 5
Other Rooms
- Total Rooms: 12
- Basement Features: Interior Entry, Concrete
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Garage and Parking
- Covered Spaces: 2
- Garage Spaces: 2
- Open Parking: Yes
- Parking Features: Paved Drive, Off Street
- Parking Total: 8
Exterior and Lot Features
- Patio And Porch Features: Deck - Wood
- Road Frontage Type: Public
- Deck: Yes
Land Info
- Lot Description: Level
- Lot Size Acres: 0.2065886
- Lot Size Square Feet: 8999
Multi-Unit Info
- Number of Units: 2
Other Property Info
- Annual Tax Amount: 6310
- Source Listing Status: Active
- County: Worcester
- Directions: Purchase or Summer to Mechanic
- Tax Year: 2025
- Source Property Type: Residential Income
- Home Warranty: No
- Parcel Number: M:41 B:000 L:105,1615897
Schools
- 4
Milford High School
high · 9-12 · 0.9 mi
- 6
Woodland Elementary School
elementary · 3-5 · 1.4 mi
- 4
Stacy Middle School
middle · 6-8 · 0.2 mi
Milford Catholic Elementary School
elementary · K-6 · 0.4 mi
Memorial Elementary School
elementary · K-2 · 0.2 mi
Brookside Elementary School
elementary · K-2 · 0.6 mi
Price history
- Oct 6, 2026 · Listed$600,000
Tax history
- 2025$6,310 tax · $493,000 assessed
- 2024$6,159 tax · $463,400 assessed
- 2023$5,688 tax · $393,600 assessed
- 2022$5,423 tax · $352,400 assessed
- 2021$5,046 tax · $315,800 assessed
- 2020$4,936 tax · $309,300 assessed
- 2018$4,133 tax · $249,600 assessed
- 2017$4,008 tax · $238,700 assessed
Home value
$566,000
- Collateral Analytics$566,000
- Quantarium$591,763
- Cotality$486,100
Where it is
Listed by Erika Steele · REMAX EXECUTIVE REALTY · MLSPIN
