Bought with Andy Yau • RE/MAX Shoreline
$650,000
$769,900
15.6%For more information regarding the value of a property, please contact us for a free consultation.
545-547 White Mountain HWY Milton, NH 03851
11 Beds
6 Baths
5,276 SqFt
Key Details
Sold Price $650,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,276 sqft
Price per Sqft $123
MLS Listing ID 4983159
Sold Date 05/24/24
Bedrooms 11
Full Baths 6
Construction Status Existing
Year Built 1900
Lot Size 8,712 Sqft
Acres 0.2
Property Description
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.
Location
State NH
County Nh-strafford
Area Nh-Strafford
Zoning High Density Residential
Interior
Heating Gas - LP/Bottle
Cooling Other
Exterior
Utilities Available Cable - Available
Roof Type Other
Building
Story 2
Foundation Wood
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
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