Exceptional investment opportunity in the heart of Milford! This well-maintained three-unit multi-family property sits on a spacious in-town lot, offering both convenience and versatility. The owner has taken great pride in maintaining the property, with many important upgrades completed in recent years, ensuring peace of mind for years to come. The building features two generously sized 2-bedroom apartments and one spacious 3-bedroom unit all with separate utilities for heat, hot water and electric. With long-term tenants already in place and strong rental rates, this property offers immediate income and solid investment potential. An expansive two-story barn provides storage, workshop potential, or future expansion possibilities. The property also offers plenty of off-street parking and a large backyard for tenant enjoyment, adding to the overall appeal. Located close to shops, dining, and local amenities, this turnkey multi-family combines a prime in-town location with reliable income and room to grow. Donâ??t miss this rare opportunity!
Turn-key, fully occupied 9-unit townhouse-style investment property built in 2021 and located in a desirable Milford setting. The asset consists of 9 individually deeded condominium units that have been professionally operated as a single multifamily investment for the past 4 years. Although each unit is separately deeded, no formal condominium association is currently in place, giving a buyer flexibility to either continue operating as a traditional multifamily asset or complete the condominium documentation and pursue individual unit sales over time. Each unit offers 2 bedrooms, 1.5 bathrooms, and ~1,296â??1,440 finished square feet across a 3-level layout. The main living level features high ceilings, large windows, and an open-concept design. Kitchens include shaker-style cabinetry, granite countertops, subway tile backsplashes, and stainless steel appliances with gas ranges. Upstairs, spacious bedrooms offer generous closet space and are complemented by well-appointed bathrooms with double vanities. Additional features include in-unit washer and dryer, private backyard patios, and unfinished full basements with bulkhead access for storage. The property benefits from an efficient expense structure, with tenants separately metered for water and sewer, natural gas, and electricity. Surface parking is ample, with 2 assigned spaces per unit. Current average rents are ~$2,750/unit/month, totaling ~$297,000 in annual scheduled revenue. Net operating income for 2025 was ~$172,000, net of all expenses including professional management. Located just off NH-101A and minutes from the Milford Oval, the property offers convenient access to shopping, dining, Manchester-Boston Regional Airport, and the Greater Boston market. With 2021 construction, low-maintenance design, a favorable utility structure, and multiple paths to monetization, 34 Ponemah Hill Road presents a rare opportunity to acquire a newer vintage, scaled asset with durable income and embedded upside.
This fully restored c.1825 Greek Revival property is ideally located just steps from downtown Milford and the iconic Suspension Bridge, offering both convenience and rental appeal. With 4,548 total sq ft, including a 1,230 sq. ft. Accessory Dwelling Unit, this property is well-suited for investors or owner-occupants seeking to live in one unit while renting the other. The main residence offers 5 bedrooms, while the ADU features 2 bedrooms plus an office, creating flexible rental configurations for long-term tenants, multi-generational living, or work-from-home setups. The home has been rebuilt from the studs, minimizing deferred maintenance and capital expenditures, with major improvements including new windows, updated heating and cooling systems, foam insulation, cedar siding, and white oak flooring. The main home features high-quality finishes that enhance desirability, including a chefâ??s kitchen with quartz countertops and maple cabinetry, updated bathrooms with porcelain tile, quartz surfaces, and Schluter Kerdi waterproofing. Period detailsâ??original cast-iron grilles, antique doors, and decorative masonryâ??add character that differentiates this property in the rental market. Exterior features add further value, including granite walls, hand-laid brick walkways, a covered porch with Brazilian walnut and Douglas fir, and a large barn offering 840 sq ft of clear-span storageâ??ideal for owner/tenant storage. An excellent opportunity to improve cash flow from day one.
Milford is located in New Hampshire. Milford, New Hampshire has a population of 16,041. Milford is more family-centric than the surrounding county with 36.64% of the households containing married families with children. The county average for households married with children is 31.2%.
The median household income in Milford, New Hampshire is $82,990. The median household income for the surrounding county is $86,930 compared to the national median of $69,021. The median age of people living in Milford is 40.1 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 12.3 degrees. The average rainfall is approximately 47.4 inches per year, with 57.3 inches of snow per year.
