$5,688 Closing Credit¹
Listing Office: Swan Agency Real Estate
$7,719
closing credit¹
88 Main Rd Milford, ME 04461
$650,000 List price
$7,719
Closing credit¹
6 full
4,200 sqft
0.1 acres
House
Property details
About 88 Main Rd
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.
Highlights
Home typeOther
HeatingHeat Pump, Ductless, Baseboard
StatusActive
CoolingHeat Pump
Size4,200 sqft
BasementYes
Lot size0.14 Acres
Year built1900
ParkingGravel, Off Street
MLS #1612603
Summary
- MLS Number: 1612603
- MLS Name: Maine Listings
- Office Name: Better Homes & Gardens Real Estate/The Masiello Group
- Office Phone: (207) 942-6711
- Office Email: bangor@masiello.com
Disclaimer: Based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings. Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright © 2025 Maine Real Estate Information System, Inc. All Rights Reserved. 
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$650,000
88 Main Rd
$7,719
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2020 | $159,100 | $3,102 |
| 2019 | $159,100 | $3,341 |
| 2017 | $138,500 | $2,812 |
History based on county public records data.
Nearby schools
4
Milbridge Elementary School
Public District PK-6
0.3 mi
•39 Washington St
1
Daniel W. Merritt Elementary School
Public District PK-6
10.9 mi
•518 Indian River Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,429. The most common annual income of people living in Milford, ME is less than $<35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
47%
<35k
42%
35k-100k
10%
100k-200k
1%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
47%
Single, No Kids
7%
Single, with Kids
30%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
6%
12-17 yrs old
15%
18-34 yrs old
42%
35-64 yrs old
25%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Hunting
Figure Skating
Where do the neighbors shop?
Dollar General
Wal-Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
GMC
Ram
Chevrolet
What do the neighbors listen to?
Classic Country
New Country- Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 88 Main Rd
This home is located at 88 Main Rd in Milford, ME and zip code 04658. This 4,200 square foot home, which was built in 1900, sits on a 0.14 acre lot. Features: 6 bathrooms. It is currently priced at $650,000.
From Rocket Homes Real Estate and based on county public records data.