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Listed by Andy Yau of RE/MAX Shoreline
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.

Property Details of 545-547 White Mountain Highway

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated February 21, 2024 12:24 PM EST

 

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