About This Home

This 5-bedroom, 2-bathroom residential multi family at 5 Mechanic Street in Milford, MA is listed for $600,000 ($294 per sqft). Built in 1840, the home offers 2,044 sqft of living space on a 0.21 acres lot.

Key Features

  • Built in 1840
  • 0.21 acre lot
  • 3 stories
  • 8 parking spaces

Property Details

3 stories
2 full
2-car garage
1840
Listing Description

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!

Monthly Cost Estimate

$3,209/mo

20% down · 6.5% · 30 years

Principal$434
Interest$2,600
Insurance$175

Estimates only. Actual payments may vary.

Location

5 Mechanic Street

Milford, MA 01757

Questions & Answers

This 5-bedroom, 2-bathroom residential multi family at 5 Mechanic Street is listed at $600,000 ($294/sqft). The estimated monthly payment is $3,209 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1840, 0.21 acre lot, 3 stories, 8 parking spaces.

This property is listed by Bill Wright.

BW

Bill Wright

Agent at RE/MAX EXECUTIVE REALTY

Listed by RE/MAX EXECUTIVE REALTY · Broker phone: (508) 435-6700 · View on Broker Site · Broker website

MLS# 73587088· Source: MLS Property Information Network Inc· 27 days on PropertySimple

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5 Mechanic Street, Milford, MA 01757

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