Courtesy: Greater Development LLC
Brady Williams
360-989-5395
Milford Village Flats presents a rare opportunity to acquire a fully stabilized, 16-unit multifamily community in the heart of Milford, Michigan — one of Oakland County's most desirable and supply-constrained submarkets. The property comprises two well-maintained residential buildings offering an identical unit mix of all one-bedroom, one-bath floor plans averaging 740 square feet. With over two dedicated parking spaces per unit and a 100% occupancy rate, the asset generates monthly gross revenues exceeding $23,647, equating to an annual gross potential income of $283,700. The current owner has invested over $500,000 in capital improvements over the last two years, substantially reducing future CapEx exposure for an incoming investor. Major exterior and structural upgrades include a brand-new roof, a fully milled and paved parking lot, updated property signage, and enhanced professional landscaping that elevates the asset’s curb appeal. On the interior, the community has undergone extensive modernization with high-end turnkey renovations featuring new cabinets, premium countertops, modern flooring, fresh paint, and updated contemporary fixtures. These comprehensive upgrades position the property to command premium rents while ensuring low-maintenance operations for years to come.
Courtesy: Greater Development LLC
Brady Williams
360-989-5395
Milford Village Flats presents a rare opportunity to acquire a fully stabilized, 16-unit multifamily community in the heart of Milford, Michigan — one of Oakland County's most desirable and supply-constrained submarkets. The property comprises two well-maintained residential buildings offering an identical unit mix of all one-bedroom, one-bath floor plans averaging 740 square feet. With over two dedicated parking spaces per unit and a 100% occupancy rate, the asset generates monthly gross revenues exceeding $23,647, equating to an annual gross potential income of $283,700. The current owner has invested over $500,000 in capital improvements over the last two years, substantially reducing future CapEx exposure for an incoming investor. Major exterior and structural upgrades include a brand-new roof, a fully milled and paved parking lot, updated property signage, and enhanced professional landscaping that elevates the asset’s curb appeal. On the interior, the community has undergone extensive modernization with high-end turnkey renovations featuring new cabinets, premium countertops, modern flooring, fresh paint, and updated contemporary fixtures. These comprehensive upgrades position the property to command premium rents while ensuring low-maintenance operations for years to come.
Courtesy: National Realty Centers, Inc
Jacqueline Palarchio
248-318-8825
AMAZING LAND CONTRACT TERMS AVAILABLE FOR THIS PROPERTY!! This prime duplex offers unparalleled investment potential for first time investors or experienced investors!! this duplex is steps away from historic and vibrant downtown Milford. Featuring a large corner lot of 132x132, charming character, 2 duplexes each with private basements, each with private laundry, with the possibility to live-in/rent out scenario or the potential for a conversion into a luxury 2,255 square foot single family home with 3 garages main garage 32x28. Live the walkable lifestyle to downtown Milford's finest restaurants, boutiques, parks and events. The location and land contract terms make this rare find in historic downtown Milford an amazing opportunity for anyone. Call for your private showing today. NO SIGN ON PROPERTY
Milford is located in Michigan. Milford, Michigan has a population of 6,511. Milford is more family-centric than the surrounding county with 37.63% of the households containing married families with children. The county average for households married with children is 32.55%.
The median household income in Milford, Michigan is $90,591. The median household income for the surrounding county is $86,275 compared to the national median of $69,021. The median age of people living in Milford is 40.8 years.
The average high temperature in July is 81.3 degrees, with an average low temperature in January of 15.4 degrees. The average rainfall is approximately 32.5 inches per year, with 41.3 inches of snow per year.
