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Renovated Mixed-Use Property

Milford, PA 18337, Milford, PA 18337

For Sale
New
$450,000

Residential, Milford, PA

Property Size2,184 SF
Lot Size0.76 Acres
Price / SF$206.04
Days on Market6

Property Features

General Information

Property type Commercial Sale
Property subtype Single Family Residence
Zoning Mixed Use
Bedrooms 3
Bathrooms 2
Full bathrooms 1
Half bathrooms 1
Rooms Bathroom 1, Dining Room, Bedroom 3, Bedroom 2, Basement, Bathroom 2, Bedroom 1
Parking features Oversize, Driveway
Interior features Ceiling Fan(s), Recessed Lighting, Open Floorplan, Kitchen Island
Fireplace 1
Basement Block, Full, Unfinished, Walk-Up Access, Storage Space
Appliances Built-In Electric Range, Range Hood, Dishwasher, Built-In Range
Lot features Cleared, Open Lot, Rectangular Lot, Near Public Transit, Not In Development, Few Trees
Elementary school district Delaware Valley
Middle school district Delaware Valley
High school district Delaware Valley
Standard status Active
Size 2,184 SF
Lot size 0.76 Acres

Additional Details

Condition Newly Renovated

Taxes and HOA fees

Tax Annual Amount 3772

Utilities

Sewer type Private Sewer
Heating system Hot Water(Heating), Baseboard, Oil, Fireplace(s)
Cooling system Ceiling Fan(s)
Water source Well

Building Details

Year built 1970
Floors in Building 2
Flooring type Hardwood, Vinyl, Tile - Ceramic
Architectural style Split Level
Buildings 1
Listing Agency: Keller Williams RE Milford · Keller Williams Realty
Listed By: Theresa Rocco · License PA RS288271
Added: Nov 4 Changed: Nov 7 Last Checked: Nov 9 at 8:06PM
MLS# PW-263853

Copyright © 2026 Pike/Wayne Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 2,184-square-foot split-level property was built in 1970 and has a full basement, plus an additional unfinished level. The interior has been renovated, with a new kitchen, new floors, and a fireplace in the waiting or living area. A half bath is located on the main floor; upstairs are a full bath and three rooms described for office or bedroom use.

The property occupies 0.76 acres near Route 6 and I-84 in Milford, Pennsylvania. Its mixed-use zoning supports residential use, offices, or a live-work arrangement.

Key Highlights

  • 2,184‑square‑foot split‑level property on 0.76 acres
  • Mixed‑use zoning with residential, office, and live‑work use potential
  • Renovated interior with a new kitchen and new floors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,830
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,600 $536.6K
Cap Rate 7%
$383,286 $383.3K
Cap Rate 9%
$298,111 $298.1K
Market Conditions
NOI Build-Up for 2,184 SF
Gross rent
$45.9K $21.00/SF
− Vacancy
−$10.1K −$4.62/SF
EGI
$35.8K $16.38/SF
− OpEx
−$8.9K −$4.10/SF
NOI
$26.8K $12.29/SF
Area
Pike County, PA
Vacancy
22.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,600
Cap Rate 7%
$383,286
Cap Rate 9%
$298,111

Alternative Uses

Best Use
Office B
$383.3K
$335.4K – $447.2K (±1% cap)
NOI $26,830 @ 7.0% cap · market cap 5.96%
Second Best
Mixed Use
$315.9K
$276.4K – $368.6K (±1% cap)
NOI $22,113 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$533.0K
$466.4K – $621.8K (±1% cap)
NOI $37,308 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Live-work space

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby

Demographics for 18337, PA

15,519
Population
7,615
Households
2
Avg Household Size
47
Median Age
33%
College-Educated
95%
High-School Grad
71.8 sq mi
ZIP Area
216
Density / Sq Mi
$89,935
Median Household Income
$48,022
Median Earnings
$1,507
Median Rent
$284,200
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use zoning supports residential, office, or live-work use.
Where is this mixed-use property located?
The property is located at Milford, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2,184‑square‑foot split‑level property on 0.76 acres; Mixed‑use zoning with residential, office, and live‑work use potential; Renovated interior with a new kitchen and new floors
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