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Executive Summary

Exceptional opportunity to acquire a multifamily investment property consisting of two separate 4-unit apartment buildings for a total of 8 residential units in the heart of Downtown Milford. This income-producing asset offers investors stable cash flow, a desirable unit mix, and a premier location within one of Connecticut’s most sought-after shoreline communities.
Positioned on Broad Street, the property is within walking distance of the Milford Green, Milford Harbor, restaurants, retail shops, and the Milford Train Station. Residents benefit from a vibrant downtown lifestyle combined with convenient access to I-95, Route 1, and the Merritt Parkway, making the property highly attractive to both local residents and commuters.
With strong rental demand, limited multifamily inventory, and continued growth throughout the Milford market, this offering presents a rare opportunity to acquire a well-located multifamily asset with long-term investment potential.

Property Facts

Price $5,075,424 CAD
Price Per Unit $634,428 CAD
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Low-Rise
Building Class C
Lot Size 0.44 AC
Building Size 5,600 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1900/1925
Zoning MCDD - Multi-Family
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
60/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
MILF-000044-000405-000016
Land Assessment
$394,755 CAD
Improvements Assessment
$570,915 CAD
Total Assessment
$965,670 CAD
  • Listing ID: 40975405

  • Date on Market: 2026-06-18

  • Last Updated:

  • Address: 158 Broad St, Milford, CT 06460

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