Back to Search
1 S Washington St
For Sale $1,200,000
$1,200,000
- 0 Units
- Unknown Sq Ft
- 8,712 Sq Ft
- Unknown Cap Rate
Description
Prime Investment Opportunity: 1 S. Washington St., Milford
Seize the chance to own a high-performing asset in the absolute heart of the City of Milford. This well-maintained apartment building combines the stability of long-term cash flow with the exciting potential for immediate value-add, making it a standout addition to any portfolio.
Investment Highlights
• Unbeatable Location: Situated at the center of the city, this property offers tenants unparalleled walkability and convenience, ensuring historically low vacancy rates and high demand.
• Significant Capex Savings: The current owners have been proactive with upgrades, including recent window replacements in most units—a major capital expense already largely addressed for the next owner.
• Operational Efficiency: Managing costs is a breeze with separately metered itilities, shifting utility responsibility to the tenants and protecting your bottom line.
• Premium Amenities: Unlike many downtown properties, this building features a private parking lot and on-site laundry facilities, two of the most sought-after features for quality long-term tenants.
• Immediate Upside: Currently positioned just under market rates to attract a premium tenant base, there is a built-in opportunity for the new owner to increase rents and instantly boost the Cap Rate.
This is a "turn-key" operation with the heavy lifting already done. Between the recent physical improvements and the strategic pricing structure, 1 S. Washington St. is primed for a seamless transition and long-term appreciation.
Loading map...
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,200,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1900 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 33006.207.00 |
| MLS # | DESU2111998 |
| Property ID | 322847490 |
| Lot Sqft | 8,712 |
| Zoning | TN |
| Days on Market | 19 |
| Original List Price | Unknown |
| Date Updated | May 15, 2026 |
| Date Created | May 13, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Albert C Leskovar Jr. an agent of . Lic #RS-0018925
© 2026 Copyright BRIGHT, All Rights Reserved
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.
This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.
Information Deemed Reliable But Not Guaranteed
Data last updated: June 01, 2026.
Robert Crawford
REAL ESTATE AGENT