693 White Mountain Hwy, Milton

$595,000

0 Beds
0 Baths
5,886 Sqft
5¼ Acres
0 Garages

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.

Ross Hobin, Coldwell Banker Hobin Realty LLC.

Essential Information
MLS® #4778492
Price$595,000
Bathrooms0.00
Square Footage5,886
Acres5.25
Year Built1950
TypeMulti-Family
Sub-TypeMulti-Family
StatusActive
Style

Conversion, Multi-Family, Multi-Level, Cape, Gambrel, w/Addition

Community Information
Address693 White Mountain Hwy
AreaMilton
CityMilton
CountyStrafford
StateNew Hampshire
Zip Code03851
Amenities
Parking Spaces11
WaterfrontLake
Utilities

Cable - At Site, Cable - Available, Gas - LP/Bottle, Gas - On-Site, Telephone At Site

Parking

Driveway, Garage, On-Site, Paved, Parking Spaces 11 - 20

Garages

Auto Open, Assigned, Direct Entry, Finished, Leased

Interior
CoolingWall Units, Mini Split
# of Stories3
Stories3
Heating

Baseboard, Direct Vent, Electric, Gas Heater, Hot Air, Wall Units, Mini Split, Alternative Heat Stove, Gas Heater - Vented, Monitor Type, Stove - Gas

Exterior
ExteriorClapboard, Composition
ConstructionWood Frame
FoundationConcrete, Granite
Exterior Features

Outbuilding, Windows - Double Pane

Lot Description

Country Setting, Deed Restricted, Lake View, Landscaped, View, Major Road Frontage

Roof

Shingle - Asphalt, Shingle - Architectural, Shingle - Other

Additional Information
Date ListedSeptember 24th, 2019
Days on Market288
ZoningCom/Ind
Listing Details
AgentRoss Hobin
Office

Coldwell Banker Hobin Realty LLC

Property History
Price Reduced from $637,000 to $595,000
Price Reduced from $690,000 to $637,000
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Listing information last updated on July 9th, 2020 at 7:08pm EDT.