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Active

21 Franklin St.

Milford, MA 01757

$1,099,990
10Bedrooms
6Bathrooms
4,522Square feet
1902Year built

Residential Income · Active · MLS #73567324
Listing Courtesy of Afonso Real Estate | Ana Loja

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MLS PIN data

About this home

INVESTORS TAKE NOTICE! Rare opportunity to own a 5-unit multifamily property in Milford generating approximately $9,200 per month / $110,400 annually in gross rental income. Current rents are below market, offering potential for increased rental income and additional upside for the next owner. This income-producing property features an expansive off-street parking area located behind the building with space for approximately 15+ vehicles, along with lead compliance/certification documentation. Situated on a generous lot with potential for additional development or an ADU. Conveniently located near downtown Milford, shopping, restaurants, and major routes. An excellent opportunity for investors seeking an established multifamily property with strong current income, below-market rents, separate utilities and future growth potential. (buyer to due diligence).

Property information

Details at a glance

Interior

Rooms
21
Heating
Natural Gas
Cooling
Window Unit(s)
Flooring
Wood

Building

Style
5+ Family - 5+ Units Up/Down
Year built
1902
Parking
12
Foundation
Stone, Irregular
Roof
Shingle

Land & utilities

Lot size
0.51 acres
Water
Public
Sewer
Public Sewer
Zoning
RA

Financial

Annual taxes
$11,789
Assessment year
2026

Listing history

Price and status timeline

No additional public listing history was supplied for this property.

Property value estimate

An informed starting point

Estimated value$1,112,791

Estimated range $1,056,215$1,169,367

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Automated estimates are not appraisals or guarantees of market value.

Comparable sales

Recent properties for context

Recent comparable sales are not available for this property.

Photo insights

Condition signals

Overall presentationbelow average

Generated from listing photography; not a substitute for an inspection.

Local market context

How this home compares in Milford

MetricThis propertyMilford
List price$1,099,990$714,90054% above local
Price / sq ft$243$2315% above local
Days on market101638% below local
Explore homes in Milford

Active city listing statistics from MLS PIN as of September 6, 2026. Asking prices are not completed-sale values.

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Common questions

About 21 Franklin St.

Can I schedule a private showing?

Yes. Request a tour of 21 Franklin St. and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.