This updated 2 unit multifamily is perfect for an investor seeking immediate positive cash flow or owner to occupy and collect rent. Excellent location walking distance to center of town and grocery store and close to 495. Units recently updated. Updates include new roof. Both units offer Kitchen, living and 1 bedroom. One unit has a washer dryer connection. One has a lease till end of year and other TAW. Both are paying tenants and would like to stay. Current rent is $1100 per unit per month (below market value).
Multi-familyProperty Type
1952Year Built
8,063 sq ftLot Size
$296Est. Price/Sq.Ft.
4 spacesParking
Listed by Nermine Zaki• Realty Indeed
Bought with Lien Vuong• Berkshire Hathaway HomeServices Commonwealth Real Estate
This 2 unit house has everything you could ask for in an investment property. It has been recently updated and is easy to maintain. The list of upgrades includes the replacement of four exterior doors, all new paint to the walls and ceiling, an overhaul of the outside steps, screen doors, fixtures and vinyl, installation of more efficient bathroom ventilation, and many more cosmetic upgrades on the inside from the carpet to ceiling tiles and bedroom doors. The hard work and renovations of this property are all complete. Make this your new home and/or investment property today.
Year
Property tax
Land + Additions
Assessment*
2023
$4,776 (+13.5%)
$122,100 + $208,400
$330,500
2022
$4,209 (+5.4%)
$111,500 + $162,000
$273,500
2021
$3,993 (+1.9%)
$111,500 + $138,400
$249,900
2020
$3,917 (+22.1%)
$111,500 + $133,900
$245,400
2019
$3,207 (+10.7%)
$105,900 + $88,000
$193,900
2018
$2,896 (+3.5%)
$100,900 + $74,000
$174,900
2017
$2,799 (+6.4%)
$100,900 + $65,800
$166,700
2016
$2,630 (+2.2%)
$90,800 + $62,300
$153,100
2015
$2,573 (−0.8%)
$87,400 + $59,200
$146,600
2014
$2,593 (+2.0%)
$87,400 + $59,200
$146,600
2013
$2,543 (−1.8%)
$90,800 + $59,200
$150,000
2012
$2,589 (−1.1%)
$100,900 + $59,200
$160,100
2011
$2,618 (−3.5%)
$109,300 + $62,700
$172,000
2010
$2,712 (−8.7%)
$121,100 + $71,500
$192,600
2009
$2,970
$137,200 + $99,800
$237,000
Tax history for 27 Farese Rd
Year
Property tax
Land + Additions
Assessment*
2023
$4,776 (+13.5%)
$122,100 + $208,400
$330,500
2022
$4,209 (+5.4%)
$111,500 + $162,000
$273,500
2021
$3,993 (+1.9%)
$111,500 + $138,400
$249,900
2020
$3,917 (+22.1%)
$111,500 + $133,900
$245,400
2019
$3,207 (+10.7%)
$105,900 + $88,000
$193,900
2018
$2,896 (+3.5%)
$100,900 + $74,000
$174,900
2017
$2,799 (+6.4%)
$100,900 + $65,800
$166,700
2016
$2,630 (+2.2%)
$90,800 + $62,300
$153,100
2015
$2,573 (−0.8%)
$87,400 + $59,200
$146,600
2014
$2,593 (+2.0%)
$87,400 + $59,200
$146,600
2013
$2,543 (−1.8%)
$90,800 + $59,200
$150,000
2012
$2,589 (−1.1%)
$100,900 + $59,200
$160,100
2011
$2,618 (−3.5%)
$109,300 + $62,700
$172,000
2010
$2,712 (−8.7%)
$121,100 + $71,500
$192,600
2009
$2,970
$137,200 + $99,800
$237,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
8,276 Sq. Ft.
Year renovated
—
Sq. Ft.
1,710
Year built
1952
Style
Multi-Family (2-4 Unit)
County
Worcester County
APN
3969340
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
Property details
Parking
Parking Information
Has Open Parking
Parking Spaces: 4
Parking Features: Paved Drive, Off Street
Interior
Bathroom Information
# of Bathrooms (Full): 2
Interior Features
# of Rooms (Total): 6
Interior Features: Living Room, Kitchen
Unit #1 Information
# of Levels: 2
# of Floors: 1
Lease: Y
Unit #2 Information
# of Levels: 2
# of Floors: 1
Lease: N
Exterior
Building Information
Building Area (Total): 1,710
Foundation Details: Slab
Construction Materials: Frame
Stories (Total): 4
Year Built Source: Public Records
Year Built Details: Approximate
Exterior Features
Roof: Shingle
Property Information
PropertySubType: Multi Family
Lot Information
Lot Size (Acres): 0.19
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $3,993
Tax Year: 2021
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Location
Location Information
Directions: E Main St to Water St then Left on Farese Rd
UnparsedAddress: 27 Farese Rd, Milford MA 01757
Community Information
Senior CommunityYN: No
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,710
Stories: 2.0
Lot Size: 8,276 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1952
Year Renovated: —
County: Worcester County
APN: 3969340
Home facts updated by county records on Jul 20, 2023
Other
Listing Information
Exclusions: Tenants Personal Property
StandardStatus: Closed
Around this home
Schools
Brookside Elementary School
Public K-2 • Assigned • 0.8mi
Stacy Middle School
Public 6-8 • Assigned • 0.5mi
4/10
Milford High School
Public 9-12 • Assigned • 0.9mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.62% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 98° expected this year, 16 days in 30 years
6/10 Wind Factor
54% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Milford, MA • 01757
Average low and high temperatures (°F)
32
18
35
19
50
31
60
40
68
50
79
60
83
65
79
58
74
55
63
44
51
35
38
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.5 hours in December, placing it below the
U.S. average for solar exposure.
8.9 hrs
4.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$481,000 – $583,000
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