Byron Lazine
Listing courtesy of Holly Bryda (203) 482-7215, Compass Connecticut, LLC (203) 489-6499
221 Meadows End Road, Milford, (Devon), CT, 06460
11 rooms
4 beds
2 Full / 1 Half baths
1942
Units are Side-by-Side
1,707 sqft
Opportunity meets lifestyle in Milford! This side-by-side two-family property offers the rare combination of strong rental income, flexible living options, and close proximity to the shoreline. Whether you're an investor seeking reliable cash flow or a buyer looking to offset your mortgage with rental income, this property delivers. Featuring two units: a three-bedroom, one-and-a-half-bath currently generating $3,100 per month, and a one-bedroom, one-bath unit rented for $1,500 per month. Both units have private entrances, separate utilities, in-unit washer and dryers, and tenants pay all utilities except water and sewer, creating an efficient investment setup. With some cosmetic updates, there may also be an opportunity to further enhance the property and increase rental income over time. Situated on a generous 0.24-acre lot with off-street parking and an unfinished basement offering additional storage, the property provides both practicality and long-term upside. Existing leases are in place through April 2026 and September 2026, offering immediate and stable rental income. Just under a mile from Silver Sands State Park and Walnut Beach, and only a half mile to Post Road shopping, restaurants, and everyday amenities. Easy access to major commuting routes including I-95 further enhances the appeal. A rare opportunity to own a well-located multifamily property in one of Milford's most desirable shoreline communities. Tenants on annual leases expiring 4/30/26 (3 bedroom) and 9/30/26 (1 bedroom).
Status:
Active
Town:
Milford
Type:
Multi-family
Laundry Remarks:
Washer/Dryer All Units
Units:
2
Zoning:
Sfa-10
Heating:
Hot Water
Cooling:
None
Basement:
Full, Unfinished
Acreage:
0.24
Est. Taxes:
$7,191
Assessment
$243,350
Lot Description:
Treed,Level Lot
Elementary School:
Per Board of Ed
High School:
Per Board of Ed
Days on Market:
10
MLS #:
24158546
Community Info
School Info
Walk Score
Mass Transit
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