127 N Front St, Milford, De

$1,075,000

Price

7.25%

Cap Rate

$82,617

NOI

Overview
Cap Rate
7.25%
NOI
$82,617
Building Size
8,715 sqft
Year Built
1811
Price Per Sqft
$123.35
Zoning
C2
Description

Corner

A great opportunity to own a historic commercial investment property in downtown Milford. The Governor Tharp building underwent a full renovation completed in 2007. This three story building currently host seven apartments and one commercial retail space all of which are currently occupied with long term tenants. In the rear of the building you will find a freshly paved asphalt parking lot with 15 spaces. This income producing property would be a nice addition to investors looking to expand their portfolio.

Highlights
  • Days on Market: 173
  • Parking Features: Paved Parking
  • Heating: Heat Pump(s)

Location
Gallery