29 Spruce St Milford — Photo 1 of 32
Recent Drop: $900
$739,000
Investment Analysis — 29 Spruce St
Milford, MA 01757
Based on HUD Small Area Fair Market Rent for Eastern Worcester County, MA HUD Metro FMR Area, an estimated 2-unit multi-family in 01757 carries an estimated $3,140/mo in gross rent — about a 3.87% cap rate and $28,627/yr in estimated NOI at the $739,000 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
1
SqFt
5,000
Style
Multi Family
Built
1900
Exceptional Downtown Milford Commercial Opportunity! Proudly occupied by the same local church for over 40 years, this well-maintained property offers outstanding visibility in the heart of Downtown Milford. The retiring pastors are highly motivated to sell. While ideal for another religious organization, the property is available to any buyer. Situated on the prominent corner of Main St & School St, it benefits from excellent vehicle and pedestrian traffic, surrounded by restaurants, shops, offices, and downtown amenities. Updates include a natural gas forced hot air heating system and central A/C (approx. 10 years), plus a rubber roof (approx. 15 years) with annual maintenance. Features include a large gathering space, full kitchen, dining hall, offices, children’s room, finished lower level, and storage. Ideal for religious, office, medical, educational, nonprofit, or other permitted commercial uses. Property is being sold AS IS"
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Property History
$739,000
Was $739,900
Sep 3, 2026
MLS® 73562247
$739,900
Aug 11, 2026
MLS® 73562247
$749,000
Aug 10, 2026
MLS® 73547749
$749,000
Aug 10, 2026
MLS® 73546923
$749,000
Jul 9, 2026
MLS® 73547749
$749,000
Jul 8, 2026
MLS® 73546923
$699,900
Jul 6, 2026
MLS® 73479998
$699,900
Feb 25, 2026
MLS® 73479998
Listing Agent: Gitania Da Silva
Listing Office: Dell Realty Inc.
MLS® Number: 73562247
