$2,000,000
Milford, PA 18337
MLS# PW-262023
12 beds | 12 baths | 5402 sqft
1 / 50
Property Description
The opportunity of a lifetime! If you're a savvy investor then this is the time for you to jump. This 6 family apartment building is a wealth generating machine!! Newer construction (2017) 6-unit residential income property in the village of Milford, Pike County, Pennsylvania. The asset offers a rare combination of modern construction, uniform unit configuration, and durable income in one of Northeastern Pennsylvania's strongest tertiary markets. All six units are 2-bedroom / 2-bathroom layouts within an approximately 9,000 SF building, with private off-street parking and separately metered utilities - materially reducing operator burden and insulating NOI from utility-cost volatility. The rent roll is fully tenanted at the time of offering. Property Highlights Year built: 2017 6 residential units, all 2BR / 2BA Approximately 9,000 SF Private off-street parking Separately metered utilities (tenant-paid) 100% occupied Milford, PA - Pike County Investment Profile The property is well suited to an income-focused investor, 1031 exchange replacement buyer, or owner-operator seeking modern multifamily product in a stable Pocono / I-84 commuter market. The combination of 2017 vintage, separately metered utilities, and uniform 2BR/2BA configuration significantly reduces operating and capital expenditure risk relative to older 6-unit product in the region. Milford remains one of Northeastern Pennsylvania's most resilient small markets, supported by NY/NJ commuter demand via the I-84 corridor, Delaware Water Gap weekend traffic, and consistent local rental absorption.
Details
Contract Information
Property Attached YN: No
Listing Service: Full Service
Current Price: $2,000,000
List Price: $2,000,000
Status: Active
Listing Contract Date: 2026-06-12
Property Sub Type: Multi Family
Location, Tax, and Legal
Municipality: Milford Borough - 08
High School District: Delaware Valley
County Tax Amount: 2248.19
Municipal Tax Amount: 4652.41
School Tax Amount: 14163.36
Tax Annual Amount: 18945.6
Tax Year: 2026
Tax Assessed Value: 113890
Parcel Number: 113.01-02-58 000891
Additional Parcels YN: No
Zoning Description: Commercial
Tax Book Number: 2479/174
General Property Information
Number Of Units Total: 6
Bathrooms Half: 0
Above Grade Finished Area: 5402
Below Grade Finished Area: 0
Lot Size Acres: 1.14
Lot Dimensions Source: Public Records
Association YN: No
Year Built Source: Public Records
New Construction YN: No
Garage Spaces: 0
Waterfront YN: No
Water Body Name: None
Land Lease YN: No
Senior Community YN: No
View YN: No
Basement YN: No
Furnished: Unfurnished
Stories: 3
Fireplace YN: No
Units Furnished: None
Spa YN: No
Rent Control YN: No
List Price/SqFt: 370.23
Bedrooms Total: 12
Bathrooms Total: 12
Bathrooms Full: 12
Living Area: 5402
Year Built: 2019
Remarks and Miscellaneous
Public Remarks: The opportunity of a lifetime! If you're a savvy investor then this is the time for you to jump. This 6 family apartment building is a wealth generating machine!!
Newer construction (2017) 6-unit residential income property in the village of Milford, Pike County, Pennsylvania. The asset offers a rare combination of modern construction, uniform unit configuration, and durable income in one of Northeastern Pennsylvania's strongest tertiary markets.
All six units are 2-bedroom / 2-bathroom layouts within an approximately 9,000 SF building, with private off-street parking and separately metered utilities - materially reducing operator burden and insulating NOI from utility-cost volatility. The rent roll is fully tenanted at the time of offering.
Property Highlights
Year built: 2017
6 residential units, all 2BR / 2BA
Approximately 9,000 SF
Private off-street parking
Separately metered utilities (tenant-paid)
100% occupied
Milford, PA - Pike County
Investment Profile
The property is well suited to an income-focused investor, 1031 exchange replacement buyer, or owner-operator seeking modern multifamily product in a stable Pocono / I-84 commuter market. The combination of 2017 vintage, separately metered utilities, and uniform 2BR/2BA configuration significantly reduces operating and capital expenditure risk relative to older 6-unit product in the region.
Milford remains one of Northeastern Pennsylvania's most resilient small markets, supported by NY/NJ commuter demand via the I-84 corridor, Delaware Water Gap weekend traffic, and consistent local rental absorption.
Oil, Gas and Mineral Rights
Property Subject To Lease: No
Income and Expenses
Gross Income: 158400
Insurance Expense: 15000
Maintenance Expense: 2000
Net Operating Income: 108456
Operating Expense: 42024
Total Actual Rent: 13200
Unit 1
Unit #: 1
Actual Rent: 2500
SqFt Total: 1500
Baths Total: 2
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Occupied YN: Yes
Unit 2
Unit #: 2
Actual Rent: 2500
SqFt Total: 1500
Baths Total: 2
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Occupied YN: Yes
Unit 3
Unit #: 3
Actual Rent: 2500
SqFt Total: 1500
Baths Total: 2
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Occupied YN: Yes
Unit 4
Unit #: 4
Actual Rent: 2500
SqFt Total: 1500
Baths Total: 2
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Occupied YN: Yes
Unit 5
Unit #: 5
Actual Rent: 2500
SqFt Total: 1500
Baths Total: 2
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Occupied YN: Yes
Unit 6
Unit #: 6
Actual Rent: 2500
SqFt Total: 1500
Baths Total: 2
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Occupied YN: Yes
Location Tax and Legal
Street Number: 812
Street Name: Broad
Street Suffix: Street
County: Pike
State: PA
Postal Code: 18337
Subdivision Name: OTHER
Status Change Information
Major Change Timestamp: 2026-06-22T20:07:43Z
Major Change Type: New Listing
Property Features
Listing Office: Keller Williams Realty Chester
Last Updated: June - 22 - 2026
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