$599,000

221 Meadows End Road, Milford, CT 06460

4 beds |
3 baths |
1,707 sqft

Multi-Family Home
Built in 1942
10,454sqft lot
—— car garage
$351/sqft
Listed 14 days ago

Property Description

Opportunity meets lifestyle in Milford! This side-by-side two-family property offers the rare combination of strong rental income, flexible living options, and close proximity to the shoreline. Whether you're an investor seeking reliable cash flow or a buyer looking to offset your mortgage with rental income, this property delivers. Featuring two units: a three-bedroom, one-and-a-half-bath currently generating $3,100 per month, and a one-bedroom, one-bath unit rented for $1,500 per month. Both units have private entrances, separate utilities, in-unit washer and dryers, and tenants pay all utilities except water and sewer, creating an efficient investment setup. With some cosmetic updates, there may also be an opportunity to further enhance the property and increase rental income over time. Situated on a generous 0.24-acre lot with off-street parking and an unfinished basement offering additional storage, the property provides both practicality and long-term upside. Existing leases are in place through April 2026 and September 2026, offering immediate and stable rental income. Just under a mile from Silver Sands State Park and Walnut Beach, and only a half mile to Post Road shopping, restaurants, and everyday amenities. Easy access to major commuting routes including I-95 further enhances the appeal. A rare opportunity to own a well-located multifamily property in one of Milford's most desirable shoreline communities.

Listing Status:: Active
Date Added:: March 12, 2026
Data Last Updated:: March 27, 2026 at 4:50AM
Listing Office:: Compass Connecticut, LLC : (203) 489-6499
Listing Agent:: Holly Bryda : (203) 482-7215
MLS ID:: 24158546

Laundry: Washer/Dryer All Units
Basement: FullUnfinished
A/C: None
Heating: Hot WaterPropane
Fireplace: Fireplaces: 0

Style: Units are Side-by-Side

Roofing: Asphalt Shingle

County: New Haven

Zoning: Sfa-101201140

Water: Public Water Connected
Sewer: Public Sewer Connected

This listing courtesy of Holly Bryda , Compass Connecticut, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Pumpkin Delight School

27 Art St, Milford, CT, 06460

Grades PK-5

0.47 miles away

West Shore Middle School

70 Kay Ave, Milford, CT, 06460

Grades 6-8

0.93 miles away

Jonathan Law High School

20 Lansdale Ave, Milford, CT, 06460

Grades 9-12

0.17 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.