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Side-by-Side Two-Family Home

77-79 Congress Street Milford, MA 01757

77-79 Congress Street, Milford, MA, 01757
$855,000
For Sale
$855,000

Oversized duplex features two four-bedroom units with two full bathrooms each and a new central air system.

Property Size3,412 SF
Price / SF$250.59
Days on Market107

Property Features for 77-79 Congress Street

General Information

Standard status
Active
Size
3,412 SF
Property subtype
Multi-family

Building Details

Year Built
1920
Listing agency eXp Realty
Listed by Danielle Santos
Source Cabotandcompany
Added: Apr 6 Updated: Jul 21 at 3:48AM Checked: Jul 21 at 3:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty


Investment Insights

Based on property information with market context.

Oversized side-by-side two-family home offering two separate residential units. Each unit includes four bedrooms and two full bathrooms, along with a functional kitchen with breakfast area, dining room, and separate living room. Flooring throughout the home includes hardwood, tile, and vinyl. The property also features a fully insulated two-car garage with open space above.

The address is 77–79 Congress Street in Milford, Massachusetts. The garage’s additional space above may support future options subject to approvals.

Each unit’s layouts provide separate living and dining areas designed for day-to-day use and hosting, while the updated central air system supports year-round comfort.

Key Highlights

  • Oversized side‑by‑side two‑family home built in 1920
  • Each unit offers 4 bedrooms and 2 full bathrooms
  • Both units include central air; new central air system

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 $67.6k $19.80
− Vacancy −$1.7k −$0.49
EGI $65.9k $19.31
− OpEx −$19.8k −$5.79
NOI $46.1k $13.52
3,412 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$658.9K
$576.5K – $768.7K (±1% cap)
NOI $46,122 @ 7.0% cap · market cap 5.39%
Second Best
Apartment 5plus
$573.4K
$501.7K – $669.0K (±1% cap)
NOI $40,139 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M (±1% cap)
NOI $81,560 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Cafe & Coffee Shop Storage Facility (Bike/Boat/Book/etc) Store Pet Grooming Service (Bike/Boat/Book/etc) Store Discount Store Carpet & Flooring Store Garden Center Tech Support Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Oversized duplex features two four-bedroom units with two full bathrooms each and a new central air system.
Where is this duplex located?
The property is located at 77-79 Congress Street Milford, MA.
What is the asking price?
The asking price for this property is $855,000.
What are key features of this property?
This property features: Oversized side‑by‑side two‑family home built in 1920; Each unit offers 4 bedrooms and 2 full bathrooms; Both units include central air; new central air system
Contact an agent
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