Restored Greek Revival
18 Souhegan Street, Milford, NH 03055
MULTI_FAMILY - Colonial, Greek Revival - Milford, NH
Property size:
4,548 SFLot size:
0.41 AcresPrice / SF:
$241/SF- Added:
- Dec 20, 2025
- Days on Market:
- 166
- Last Refresh:
- Jun 4 at 4:06 am
Property Features for 18 Souhegan Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- A
- Bedrooms
- 9
- Bathrooms
- 5
- Rooms
- Bedroom 6, Basement, Bathroom 1, Bathroom 4, Bedroom 7, Bedroom 1, Bedroom 8, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 9, Bedroom 5, Bathroom 5, Bedroom 4, Bedroom 3
- Patio and Porch features
- Porch
- Exterior features
- Barn, Covered Porch
- Standard status
- Active
- Size
- 4,548 SF
- Lot size
- 0.41 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10130
Utilities
- Utilities
- Propane
- Heating system
- Propane (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1825
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Hardwood, Tile, Carpet, Laminate
- Building materials
- Post and Beam, Clapboard Exterior
- Roof type
- Shingle
- Architectural style
- Greek Revival, Colonial
Listing agent Susanna Corriveau (603) 848-9559
Listing office Coldwell Banker Realty Bedford NH 166 Rte 101, Bedford, NH (603) 471-0777
Listing date Dec 20, 2025
MLS# 5072451
Listing URL
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully restored c.1825 Greek Revival/Colonial home with 4,548 total sq ft and a 1,230 sq ft accessory dwelling unit (ADU)
- Main residence has 5 bedrooms; ADU offers 2 bedrooms plus an office for flexible living or rental configurations
- Major rebuild from the studs with new windows, foam insulation, cedar siding, and white oak flooring
- Updated systems include propane heating and central air
- Chef’s kitchen with quartz countertops and maple cabinetry; bathrooms with porcelain tile, quartz surfaces, and Schluter Kerdi waterproofing
- Exterior includes covered porch, granite walls/hand‑laid brick walkways, and a 840 sq ft clear‑span barn for storage
Overview
This fully restored c.1825 Greek Revival property offers 4,548 square feet of well-configured residential income space, including a 1,230 square foot accessory dwelling unit. The main residence provides five bedrooms, while the ADU includes two bedrooms plus an office, supporting a range of living and rental arrangements for an owner-occupant or investor.
The home was rebuilt from the studs and has been substantially updated to reduce deferred maintenance. Documented improvements include new windows, updated heating and cooling systems, foam insulation, cedar siding, and white oak flooring. Interior finishes include a chef’s kitchen with quartz countertops and maple cabinetry, updated bathrooms with porcelain tile and quartz surfaces, and Schluter Kerdi waterproofing. Period details such as original cast-iron grilles, antique doors, and decorative masonry add character while keeping the property fully modernized.
Outside, the property includes granite walls, hand-laid brick walkways, and a covered porch with Brazilian walnut and Douglas fir. A large barn provides approximately 840 square feet of clear-span storage, which can be valuable for owner and tenant use. Located just steps from downtown Milford and the iconic Suspension Bridge, the property is zoned A and is set on 0.41 acres at 18 Souhegan Street.
The home was rebuilt from the studs and has been substantially updated to reduce deferred maintenance. Documented improvements include new windows, updated heating and cooling systems, foam insulation, cedar siding, and white oak flooring. Interior finishes include a chef’s kitchen with quartz countertops and maple cabinetry, updated bathrooms with porcelain tile and quartz surfaces, and Schluter Kerdi waterproofing. Period details such as original cast-iron grilles, antique doors, and decorative masonry add character while keeping the property fully modernized.
Outside, the property includes granite walls, hand-laid brick walkways, and a covered porch with Brazilian walnut and Douglas fir. A large barn provides approximately 840 square feet of clear-span storage, which can be valuable for owner and tenant use. Located just steps from downtown Milford and the iconic Suspension Bridge, the property is zoned A and is set on 0.41 acres at 18 Souhegan Street.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $101.0k | $22.20 |
| − Vacancy | −$5.6k | −$1.22 |
| EGI | $95.4k | $20.98 |
| − OpEx | −$28.6k | −$6.29 |
| NOI | $66.8k | $14.69 |
4,548 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$954.1K
$834.9K – $1.11M
NOI $66,789 @ 7.0% cap · market cap 6.08%
Second Best
Apartment 5plus
$884.0K
$773.5K – $1.03M
NOI $61,880 @ 7.0% cap · market cap 5.63%
Theoretical Best
Specialty Retail
$8.33M
$7.29M – $9.72M
NOI $583,281 @ 7.0% cap · market cap 53.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Milford
- County
- Hillsborough
- State
- New Hampshire
- Longitude
- -71.644291
- Latitude
- 42.836775
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Fully restored c.1825 duplex-style property with a 5-bedroom main residence and an ADU designed for flexible occupancy.
Where is this duplex located?
The property is located at 18 Souhegan Street Milford, NH.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Fully restored c.1825 Greek Revival/Colonial home with 4,548 total sq ft and a 1,230 sq ft accessory dwelling unit (ADU); Main residence has 5 bedrooms; ADU offers 2 bedrooms plus an office for flexible living or rental configurations; Major rebuild from the studs with new windows, foam insulation, cedar siding, and white oak flooring
