547 White Mountain Highway, Milton, NH
Multi-Family
for Sale
| Catylist Listing ID: |
30866280 |
| Property Subtypes: |
Duplex/Fourplex, Low-Rise/Garden, Mid-Rise
|
| Number of Units: |
4 Units |
| Building Size (RSF): |
2,850 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$485,000 |
| Unit Price: |
$121,250 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 quadplex that everyone has been looking for! Seize this incredible opportunity with an impressively rare current cap rate of 10.01%, and the potential to exceed 12.98%. Investors appreciate the property’s easy maintenance, and separate utilities allowing for low expenses. The property has seen 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 the warm touch of pine hardwood floors 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. Can be purchased as a package with the property next door (MLS#4983049). Delayed SCHEDULED PRIVATE showings begin on Saturday, January 27 from 1-3PM.
|
Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Strafford |
| Tax ID/APN: |
42 |
| Zoning: |
HIGH DENSITY |
| Heat Type: |
Natural Gas, Propane, Hot Water |
| Heat Source: |
Baseboard |
| Fuel: |
Gas, Oil |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
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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