693 WHITE MOUNTAIN HIGHWAY Milton, NH 03851 | Multi-Family

$600,000

Closed
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5
6844 sqft.
Coldwell Banker Hobin Realty LLC Logo
Listing Courtesy of
Coldwell Banker Hobin Realty LLC

Description

Here is a rare investment opportunity sited on a 5.25 acre parcel with high elevations looking over Milton's Three ponds. Property contains 9 units, 5,886 sf of finished space, located in 3 separate buildings, comprised of 4 one bedroom units, 1 studio, 3 two bedroom units, 1 commercial unit and 5 garages (4 under, 1 stand alone, 1 double bay). All units have separated utilities. Multiple windows & sliders give all units water views, making each unit very desirable and rentable. 7 units have sliders or french doors onto decks overlooking the water. Seller has meticulously maintained and extensively upgraded property - dealing with improving septic systems (1 new, 1 replaced in kind), upgraded paving, roofs, windows, decking, walkways, landscaping, electrical, painting, heating/air conditioning, utilities, kitchen cabinets, bathrooms, appliances. Ideal for someone who would like to live in a unit, or operate business on site, or for the non resident investor who can have peace of mind that so much has been upgraded, making this is a TOTAL TURNKEY operation! The demand for housing moving north, results in a continuing increase in rents and higher quality tenants, yielding strong cash flows and a solid investment for years to come. 5.25 acre parcel with 517' of frontage, public water and commercial zoning. Square footages are estimates only and should be verified by Buyer.

Property Details

List Price $595,000 Sold Price $600,000 List Date 2019-09-24 Sold Date 2020-08-13 MLS ID 4778492 Status Closed Property Type Multi-Family County NH-Strafford Days on Market 293

structure

AG Finished Area 5886.0 basement Yes cooling Mini Split, Wall AC Units Features Exterior Outbuilding, Windows - Double Pane foundation details Concrete, Granite garage spaces 5.0 garage y n Yes heating Alternative Heat Stove, Baseboard, Direct Vent, Electric, Gas Heater, Gas Heater - Vented, Hot Air, Monitor Type, Stove - Gas, Wall Units, Mini Split living area 6844.0 living area units Square Feet new construction Existing Parking Features Common/Shared, Paved roof Shingle - Architectural, Shingle - Asphalt, Shingle - Other stories 3 year built 1950

characteristics

Acres 5 lot size area 5.25 Lot SqFt 228690.0 lot size units Acres # of Units 9 road frontage type Paved, Public road surface type Paved, Public view Lake water body name Milton Three pond

tax

tax annual amount 14310.0 tax year 2019 zoning Com/Ind

contract

foreclosure y n No

compensation

Buyer Agency Comp. 3 Buyer Agency Comp. Type % Non-Rep Comp. 0 Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 3/18/2024 4:17:16 AM (UTC)