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For sale
  • $600,000

    5 Mechanic St, Milford, MA 01757

    5beds
    2,044sqft
    : 
    $4,239/mo
    Get pre-qualified
    2 Family - 2 Units Up/Down
    Built in 1840
    -- sqft lot
    $597,800 Zestimate®
    $294/sqft
    $-- HOA

    What's special

    Lovely backyardGrassy yardLarge family roomLight-filled family roomFormal dining roomRoom for entertainingDeep off-street driveway
    ATTENTION INVESTORS & OWNER-OCCUPANTS! HIGH-YIELD POTENTIAL 2-FAMILY AVAILABLE NOW! Introducing an outstanding multi-family property packed with functional layouts, big rooms, a lovely backyard and exceptional parking capacity. The 1ST FLOOR UNIT is a 2 bed, 1 bath setup anchored by a spacious, bright kitchen with room for entertaining, and a large family room. It includes convenient in-unit laundry and its own private enclosed porch—a high-value feature that sets it apart. The 2ND FLOOR UNIT is a 3 bed, 1 bath that spans two full floors of living space. Its main level features a huge eat-in kitchen, formal dining room, and light-filled family room. The main bedroom is off the dining room and includes a private, attached den. Other features include a full bathroom with a tiled shower and a sun-lit enclosed porch. The top floor adds two additional bedrooms plus a secondary flex space for a home office or extra storage, allowing for total lifestyle customization based on need. Laundry for Unit 2 is located in the unfinished basement. Two secondary back staircases off the kitchens for each unit provide direct exterior access overlooking the grassy yard, while a deep off-street driveway easily accommodates multiple vehicles to compliment the 2-car detached garage. Both units offer strong rental potential suited to maximize cash flow with incredible tenant appeal. Keep it, rent it, or take it on as a value-add project to keep you busy this fall/winter. Your portfolio will thank you!
    1 day
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    Zillow last checked:

    Listing updated:

    Listed by:

    Erika Steele 508-397-7199,

    REMAX Executive Realty 508-435-6700

    Source: MLS PIN,MLS#: 73587088

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 2
      Features
      • Basement: Interior Entry,Concrete
      • Has fireplace: No
      Interior area
      • Total structure area: 2,044
      • Total interior livable area: 2,044 sqft
      • Finished area above ground: 2,044

      Property

      Parking
      • Total spaces: 8
      • Parking features: Paved Drive, Off Street
      • Garage spaces: 2
      • Uncovered spaces: 6
      Features
      • Patio & porch: Deck - Wood
      Lot
      • Size: 8,999 Square Feet
      • Features: Level
      Details
      • Parcel number: M:41 B:000 L:105,1615897
      • Zoning: RA

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 2 Family - 2 Units Up/Down
      Materials
      • Foundation: Stone
      Condition
      • Year built: 1840

      Utilities & green energy

      • Electric: 200+ Amp Service, Other (See Remarks)
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Milford

      Financial & listing details

      • Price per square foot: $294/sqft
      • Tax assessed value: $493,000
      • Annual tax amount: $6,310
      • Date on market: 10/6/2026
      • Listing terms: Other (See Remarks)
      • Total actual rent: 0

        Estimated market value

        $597,800

        $568,000 - $628,000

        $2,275/mo

        Price history

        DateEventPrice
        10/6/2026Listed for sale$600,000$294/sqft
        Source: MLS PIN #73587088 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,310 +2.5%$493,000 +6.4%
        2024$6,159 +8.3%$463,400 +17.7%
        2023$5,688 +4.9%$393,600 +11.7%
        2022$5,423 +7.5%$352,400 +11.6%
        2021$5,046 +2.2%$315,800 +2.1%
        2020$4,936 +8.8%$309,300 +12.8%
        2019$4,535 +9.7%$274,200 +9.9%
        2018$4,133 +3.1%$249,600 +4.6%
        2017$4,008 +2.3%$238,700 +4.6%
        2016$3,919 +1.6%$228,100 +3.8%
        2015$3,857 +2.9%$219,800 +3.8%
        2014$3,747 +2.6%$211,800 -1.7%
        2013$3,651 +2.8%$215,400 -1.9%
        2012$3,551 -0.7%$219,600 -6.5%
        2011$3,575 +2.6%$234,900 -5.1%
        2010$3,483 -11%$247,400 -20.8%
        2009$3,914 +0.3%$312,400 -5.6%
        2008$3,903 +4.8%$330,800 -3.2%
        2007$3,725 +11.6%$341,700 +16.2%
        2006$3,337 +3.3%$294,000 +7.7%
        2005$3,231 +2.9%$273,100 +3.8%
        2004$3,141 +40.8%$263,100 +57.5%
        2003$2,231 +1.3%$167,000 +8.2%
        2002$2,203 +19.6%$154,300 +36.4%
        1998$1,842 $113,100
        Find assessor info on the county website

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 01757

        Getting around

        76 / 100
        Very Walkable
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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