158 Broad St - Apartments FOR SALE


Milford, CT 06460- Downtown Milford
$3,600,000 USD
203-376-0904
158 Broad St, Milford, CT for Sale
$3,600,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

158 Broad St
Milford, CT 06460
Downtown Milford


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$643 USD /SF

# OF UNITS

8

PRICE/UNIT

$450,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

158 Broad St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,053 SF

ZONING

MCDD

APN/PARCEL ID

MILF-000044-000405-000016

ASK ABOUT THIS PROPERTY

Michael RichetelliColonial Properties, IncMore Info
203-376-0904

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Michael RichetelliColonial Properties, IncMore Info
203-376-0904

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.