545-547 White Mountain Highway, Milton, NH
Multi-Family
for Sale
| Catylist Listing ID: |
30866277 |
| Property Subtypes: |
Duplex/Fourplex, Low-Rise/Garden, Mid-Rise
|
| Number of Units: |
6 Units |
| Building Size (RSF): |
5,276 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$769,900 |
| Unit Price: |
$128,316.67 Per Unit |
| Property Use Type: |
Net Leased Investment (NNN), Investment |
| Sale Terms: |
Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/15/2024 |
Overview / Comments
|
Don’t miss out on this two building, 6 unit package, that everyone has been looking for! Seize this incredible opportunity with an impressively rare current cap rate of 9%, and the potential to exceed 13%. Investors appreciate the property’s easy maintenance, and separate utilities allowing for low expenses. The buildings has seen some renovations throughout which includes a new rubber membrane roof and unit updates. Embrace enhanced energy efficiency through newer windows and the installation of two new heating systems. Step into the unit and explore its updates, such as new luxury vinyl flooring, a contemporary paint finish, brand-new stainless steel appliances, in-unit washer and dryers with hookup, and various other upgrades. Discover some of the charming details of the space, from tray ceilings, beautiful hardwood floors and to the elegance of tiled bathrooms. Tenants appreciate its location being conveniently located in downtown Milton across from Milton 3 Ponds. Situated just minutes away from schools, convenience stores, town hall, the seacoast, lakes, mountains, Route 16, and numerous other amenities. Both buildings can be purchased individually with much more value as the sum of the parts. Delayed scheduled PRIVATE showings begin on Saturday, January 27 from 1 to 3PM.
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Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Strafford |
| Tax ID/APN: |
42 |
| Zoning: |
HIGHT DENSITY |
| Total Number of Buildings: |
2 |
| Property Condition: |
Fair |
| Year Built: |
1900 |
| Roof Type: |
Other |
| Construction/Siding: |
Vinyl Siding |
| Exterior Description: |
Wood |
| Heat Type: |
Natural Gas |
| Heat Source: |
Baseboard |
| Fuel: |
Gas, Oil, Propane |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
5,675 |
19,861 |
| Median Age: |
39.49 |
39.63 |
| Households: |
2,152 |
7,596 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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