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INVESTMENT SNAPSHOT
About this property
Rare opportunity to own a three-family in MetroWest—hard to come by and ideal for investors or owner-occupants. Conveniently located near Milford’s shops, restaurants, and local amenities, this well-maintained property offers strong income potential with classic charm. Each unit features spacious layouts with large kitchens and bedrooms, filled with natural light.Recent seller updates include a replaced sewer line, refreshed exterior improvements with recently done landscaping, and enhancements to Unit 1 with a new gas range and separate 35K BTU Williams gas heater. Utilities are separately metered (not water) for ease of management.Fully fenced yard, two-street access, private off-street parking, and a detached one-car garage complete the offering. Tenants occupy property- Open House 5/31 from 11–1 PM—stop by to see the opportunity for yourself.
Property details
| Units | 3 |
| Living area | 2,602 sqft |
| Lot size | 5,227 sqft |
| Year built | 1870 |
| Price / sqft | $230 |
| County | Worcester |
| MLS # | 73512460 |
Listing status
| Days on market | 26 days |
| Listed on | May 4, 2026 |
Taxes & financials
| Annual property tax | $6,738 |
| Tax year | 2025 |
| Assessed value | $526,400 |
| Zoning | BP |
| Gross income (actual) | $52,860/yr |
| Net operating income (actual) | $52,860/yr |
| Total actual rent | $4,405/mo |
Building & lot
| Stories | 3 |
| Total rooms | 11 |
| Lot size | 0.12 acres |
| Garage spaces | 1 |
| Parking spaces | 4 |
| Parking | Paved Drive, Off Street, Assigned, Paved |
| Basement | Partial |
| Foundation | Concrete Perimeter, Block |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Vinyl, Carpet |
Utilities & systems
| Heating | Natural Gas |
| Cooling | Window Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Oven |
| Appliances | Range, Refrigerator |
Location
More about investing in Milford →
Listing courtesy of Keller Williams Boston MetroWest — Erica Antonio. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 38 Depot Street, Milford MA 01757 have?
It is a 3-unit multi-family property with 2,602 sqft of living area, built in 1870.
How long has 38 Depot Street, Milford MA 01757 been on the market?
38 Depot Street, Milford MA 01757 has been listed for 26 days (since May 4, 2026).
What is the price per unit?
At a list price of $599,000 across 3 units, that works out to roughly $199,667 per unit.
What are the property taxes on 38 Depot Street, Milford MA 01757?
Annual property taxes are $6,738 (2025), on an assessed value of $526,400.
What is the price per square foot?
At $599,000 for 2,602 sqft, that's about $230 per square foot.
Is there parking?
1 garage space and 4 total parking spaces (paved drive, off street, assigned, paved).
Where is this property located?
38 Depot Street, Milford MA 01757 is in Milford, Worcester County, MA 01757.
