38 Purchase St, Milford MA 01757
Milford, MA 01757
$495,000
Est. $3,259/month
Open House Schedule
02
Aug
Sunday, August 2
10:00 AM - 12:00 PM EDT
01
Aug
Saturday, August 1
10:00 AM - 12:00 PM EDT
About this home
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.
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Property History
Property Timeline
Listed for Sale
Jul 25, 2026
$495,000
Original listing
Office: Real Broker MA, LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/25/2026 | 🏠 Listed for Sale | $495,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $6,673 | $521,300 |
Financial Details
Annual Property Tax
$6,673
Tax Year 2025
Assessed Value
$521,300
Facts & Features
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1877
Living Area
2,296 sq ft
Lot Size
0.28 acres
Bedrooms
3
Full Baths
2
Total Rooms
8
Investment Metrics
Units
2
Unit 1 Rent
— · N
Unit 2 Rent
$1,000/mo · N
Total Monthly Rent
$1,000/mo
Gross Income
$12,000
Net Operating Income
$12,000
Cap Rate
2.42%
Interior
Heating
Electric
Cooling
None
Flooring
Wood, Carpet, Varies, Laminate, Hardwood
Appliances
Range, Microwave, Refrigerator, Washer, Dryer
Fireplace
None
Fireplaces
1
Basement
None
Laundry
Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Features
Walk-up Attic, Living Room, Dining Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch, Patio
Parking
Features
Paved Drive, Off Street, Paved
Total Spaces
4
Utilities
Electric
200+ Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$6,673
Assessed Value
$521,300
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Property Sold As Is - Property Will Not Qualify For Fha. The House Will Be Cleaned Out Before Closing.
Exclusions
Personal Property
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
yellow
Sq Ft Source
Public Record
Sq Ft Disclosures
buyer due diligence - must verify all data - public record data
Documents
None
County
Worcester
Property Overview
Property Type
Multi Family
Listing Type
For Sale
Year Built
1877
Bedrooms
3
Full Bathrooms
2
Living Area
2,296 sq ft
Total Rooms
8
Stories
2
Levels
2
Room Details
Other Floor
Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom
Interior Features
Flooring:
Wood, Carpet, Varies, Laminate, Hardwood
Appliances:
Range, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Walk-Up Attic, Living Room, Dining Room, Kitchen
Windows:
Basement:
Laundry:
Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
1877
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Granite
Stories:
2
Heating, Cooling & Utilities
Heating:
Electric
Heating Zones:
2
Cooling:
None
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Thermostat, Varies per Unit
Exterior & Lot
Exterior Features:
Patio & Porch:
Porch, Patio
Fencing:
Other Structures:
Lot Features:
Gentle Sloping
Road Surface:
Parking & Garage
Total Parking Spaces:
4
Parking Features:
Paved Drive, Off Street, Paved
Special Features
Fireplaces:
1
Fireplace Type:
Community Amenities:
Nearby Schools
School District
Milford School District local
C+
School Safety
2024-25
3.8%
Above Average
3.2%
Suspensions
0.9%
In-School
0.6%
Emergency
1.7% below state avg
Elementary Schools
3 schools
Memorial School
0.2 mi
435 students
Diverse
Diverse Student Body
Grades K-02
Brookside School
0.3 mi
578 students
Diverse
Diverse Student Body
Grades K-02
Shining Star Early Childhood Center
0.6 mi
158 students
Diverse
Diverse Student Body
Grades PK
Middle Schools
3 schools
C
Stacy Middle School
0.3 mi
|
#263 of 352
|
Score: 35.3
Improved 32 spots from last year
-22.9 below state avg
989 students
Diverse
Rising School
Grades 06-08
A-
Miscoe Hill School
2.9 mi
|
#99 of 352
|
Score: 49.7
Improved 17 spots from last year
-8.5 below state avg
647 students
Less Diverse
Strong Attendance
Grades 05-08
A+
Hopkinton Middle School
4.8 mi
|
#12 of 352
|
Score: 63.2
Same rank as last year
+5 above state avg
996 students
Diverse
Strong Attendance
Grades 06-08
High Schools
3 schools
B-
Milford High School
0.6 mi
|
#209 of 346
|
Score: 50.8
Improved 32 spots from last year
-7.4 below state avg
1,316 students
Diverse
17 sports
• 1,698 athletes
Early College Program
Rising School
College Ready Curriculum
Strong Athletics
Grades 09-12
Riverside School
1.3 mi
Grades 06-12
B
Hopedale Jr-Sr High School
1.6 mi
|
#150 of 346
|
Score: 55.5
Dropped 64 spots from last year
-2.7 below state avg
456 students
Moderate
15 sports
• 874 athletes
Strong AP Program
College Ready Curriculum
Strong Athletics
Grades 07-12
Learn about these ratings
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$556
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
38 Purchase St, Milford MA 01757
Milford, MA 01757
Listing Information
Listing Agent
Donna Lapointe
Listing Office
Real Broker MA, LLC
Office Phone
855-450-0442
Agent MLS ID
BB922943
Office MLS ID
AN7455
Listing Data Updated
Jul 25, 2026 4:01 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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