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Strong investment opportunity for contractors, value-add buyers, or an owner-occupant seeking income potential. This multi-family property offers excellent upside whether you plan to live in one unit and rent the others, pursue a flip, expand a rental portfolio, or explore a possible condo conversion. The home requires updating and restoration, making it well-suited for buyers looking to reposition a property and maximize returns. It is located near the town park with fitness areas, tennis courts, and basketball courts, as well as local schools, Milford Rail Trail Bike path and Milford Regional Medical Center. The location also provides easy access to I-495, Route 16, and Route 140. Property will be delivered vacant, and this is not a bank-owned property. Property is being sold AS IS. Seller may accept or reject any offer at their discretion and makes no warranties or representations. Buyers and Buyer's Agents should perform all due diligence.

More Info

Basic Information

  • Gross Income $12,000
  • Lot Features Gentle Sloping
  • Mls StatusNew
  • Parcel Number 1616229
  • Rent Includes Unit 2(None)

Tax Information

  • Tax Assessed Value $521,300
  • Tax Year 2025
  • Taxes$6,673

School Information

  • Elementary SchoolMemorial
  • High SchoolMilford
  • High School Mhs/Bvt
  • Junior HighMilford Middle

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved
  • Parking Spaces4

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms3
  • Full Bath2

Basic Information

  • List Price$495,000
  • MLS Number73551085
  • Modification Date07/25/2026
  • Property SubTypeMulti Family

Location

  • Address38 Purchase Street
  • Building Number38
  • CountyWorcester
  • StateMA
  • StreetPurchase Street
  • TownMilford
  • Zip01757

Building

  • Building Area Units Square Feet
  • Construction Materials Frame
  • FireplaceYes
  • Fireplaces Total 1
  • FoundationGranite
  • Levels 2
  • Patio And Porch Features Porch, Patio
  • Rooms8
  • Stories2
  • Units2
  • Utilities For Electric Range, For Electric Dryer, Washer Hookup
  • Year Built1877
  • Year Built Details Renovated Since
  • Year Built Source Public Records

Property

  • Acreage0.28

Interior

  • Flooring Wood, Carpet, Varies, Laminate, Hardwood
  • Interior Features Walk-Up Attic, Living Room, Dining Room, Kitchen

Exterior

  • RoofShingle

Utilities

  • Electric 200+ Amp Service
  • Heat SystemYes
  • Heating Electric
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,296
  • Lot Size Square Feet 12,001
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet2,296

Amenities

  • Appliances IncludedRange, Microwave, Refrigerator, Washer, Dryer
  • Green Energy Efficient Thermostat, Varies per Unit
  • Other AmenitiesFireplace, Tennis

Legal

  • ZoningRES

Other

  • Date Listed07/25/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Donna Lapointe of Real Broker MA,LLC

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