Active Under Contract
46 Days on market
38 Purchase St Milford — Photo 1 of 25

38 Purchase St Milford — Photo 1 of 25

Recent Drop: $65,000

$495,000
$430,000

$430,000

38 Purchase St, Milford, MA 01757

Milford, MA 01757

Beds

3

Baths

2

SqFt

2,296

Style

Multi Family

Built

1877

Strong investment opportunity for contractors, value-add buyers, or an owner-occupant seeking income potential. This multi-family property offers excellent upside whether you plan to live in one unit and rent the others, pursue a flip, expand a rental portfolio, or explore a possible condo conversion. The home requires updating and restoration, making it well-suited for buyers looking to reposition a property and maximize returns. It is located near the town park with fitness areas, tennis courts, and basketball courts, as well as local schools, Milford Rail Trail Bike path and Milford Regional Medical Center. The location also provides easy access to I-495, Route 16, and Route 140. Property will be delivered vacant, and this is not a bank-owned property. Property is being sold AS IS. Seller may accept or reject any offer at their discretion. Book showings showing time or text list agent direct

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$187/sqft
Local Avg (Milford)$300/sqft
38% BelowMarket Average

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Milford, MA.

Property Details

Financials

Original Price$495,000
Annual Taxes$6,673

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms8
Fireplaces1
FlooringWood, Carpet, Varies, Laminate, Hardwood
BasementNone

Climate & Utilities

HeatingElectric
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationGranite
ZoningRES

Property & Lot

Acres0.28
SqFt Lot12,001
Lot FeaturesGentle Sloping

Amenities & Appliances

Range • Microwave • Refrigerator • Washer • Dryer

Geography

Property History

Price Drop
$430,000

Was $495,000

Aug 5, 2026

MLS® 73551085

Listed
$495,000

Jul 25, 2026

MLS® 73551085

Population

30,609

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$97K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

34.5%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Donna Lapointe

Listing Office: Real Broker MA, LLC

MLS® Number: 73551085

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