221 Meadows End Road

Milford, Connecticut 06460

Status
For Sale
Square Feet
1,707
Beds
4
Price
$599,000
Type
Multi-Family For Sale
Garages
Baths
3
MLS
24158546

Price

$599,000

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Interior Details

Interior Size
1,707 Sq Ft
Bedrooms
4
Bathrooms
3
Rooms Total
Garage

Exterior Details

Lot Size
0.24 Acres
Roof
Asphalt Shingle
Sewer
Public Sewer Connected
Construction
Construction
Cooling
None

Other Information

Property Tax
$7,191
Assessed Value
$243,350
Elementary School
Per Board of Ed
Middle School
NULL
High School
Per Board of Ed

About Property

Opportunity meets lifestyle in Milford! This side-by-side two-family property offers the rare combination of strong rental income, flexible living options, and close proximity to the shoreline. Whether you're an investor seeking reliable cash flow or a buyer looking to offset your mortgage with rental income, this property delivers. Featuring two units: a three-bedroom, one-and-a-half-bath currently generating $3,100 per month, and a one-bedroom, one-bath unit rented for $1,500 per month. Both units have private entrances, separate utilities, in-unit washer and dryers, and tenants pay all utilities except water and sewer, creating an efficient investment setup. With some cosmetic updates, there may also be an opportunity to further enhance the property and increase rental income over time. Situated on a generous 0.24-acre lot with off-street parking and an unfinished basement offering additional storage, the property provides both practicality and long-term upside. Existing leases are in place through April 2026 and September 2026, offering immediate and stable rental income. Just under a mile from Silver Sands State Park and Walnut Beach, and only a half mile to Post Road shopping, restaurants, and everyday amenities. Easy access to major commuting routes including I-95 further enhances the appeal. A rare opportunity to own a well-located multifamily property in one of Milford's most desirable shoreline communities.
Listed by Compass Connecticut, LLC, Holly Bryda. Data sourced from SmartMLS

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