CCertihomes
190 E Main St, Milford, MA 01757

$4,700,000

0 beds 0 baths 78 days on marketActive

About this home

Nestled at the bustling crossroads of Route 16 and Route 109, this 8.57-acre parcel offers a unique opportunity for developers and investors. The property is divided into two zones: a 2.9-acre commercial frontage and a 5.67-acre residential area.The commercial space enjoys exceptional visibility and accessibility, making it ideal for various businesses. Its prime location guarantees a steady flow of potential customers. Whether you envision retail, restaurants, offices, or services, this property's commercial potential is unmatched.The 5.67-acre residential area provides space for diverse housing development, from single-family homes to condos. Its strategic location ensures easy access to amenities, schools, and recreation.The mixed-use zoning allows for a harmonious blend of commercial and residential uses, creating a synergistic environment. Ideal for 40B development. Different terms in pricing for 40B project.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$37,919/mo

Real estate (PITI + HOA + PMI)
$36,567
Principal + interest$21,317
Property tax + insurance$13,487
PMI / 2nd mortgage$1,763
Utilities
$5,810
Heating + cooling$2,743
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$106
Car insurance + maintenance$106
Other (entertainment)
$158
$37,919/mo TLC
Budget$38,419/mo
Remaining after TLC$500/mo
Purchase price
$4,700,000
Down payment
$235,000 (5%)
Loan amount
$4,465,000
APR
4%

Quick facts

Type
LOT
Style
Year built
Lot size
8.41 ac
Stories
0
Heating
Cooling
Water
At Street
HOA
Annual tax
$18,377
MLS #
73161101
County
Worcester

Home features

Community
Public TransportationShoppingPoolTennis Court(s)ParkWalk/Jog TrailsMedical FacilityLaundromatBike PathHighway AccessHouse of WorshipPrivate SchoolPublic School
Sewer
At Street

Lot features

Other

Neighborhood — 01757

MetricThis ZIPCountyUSA
Population28,3746,444,931299,088,112
Population Change Since199012.00%7.00%20.00%
Population Density1,768786
Male13,8473,127,134147,432,321
Female14,5273,317,797151,655,844
Never Married5,8991,612,88563,775,926
Married12,6522,586,314123,120,365
Separated707247,85712,639,686
Widowed1,502363,59415,467,586
Divorced1,992436,88823,075,029
Number Of House Hold11,0012,431,591111,826,380
Average House Hold Size2.562.562.60
Medial Age36.4537.2535.46
Median House Hold Income$58,442$57,698$48,276
Average House Hold Income$66,427$75,023$63,629
P C I$25,924$29,196$24,529
M D I$48,633$48,105$41,133
A T H E$52,867$57,083$50,898
S T R5.00%5.00%
W C J80.62%81.38%77.74%
(Zip) Code
1757

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

Open in Google Maps →
MLSPIN

Listing information last refreshed 9/19/2023. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.