Duplex with Separate
545 White Mountain Highway Milton, NH 03851
545 White Mountain Highway, Milton, NH, 03851
$399,900
For Sale
$399,900
MULTI_FAMILY - Other - Milton, NH
Property Size2,387 SF
Lot Size0.20 Acres
Price / SF$167.53
Days on Market94
Property Features for 545 White Mountain Highway
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- High Density Residential
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 5, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 2
- Appliances
- Electric Water Heater
- Standard status
- Active
- Size
- 2,387 SF
- Lot size
- 0.20 Acres
Utilities
- Utilities
- Cable Available
- Heating system
- Hot Water(Heating), Forced Air, Propane (Heating)
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Wood Frame, Wood Exterior
- Architectural style
- Other
Listing agency
RE/MAX Shoreline
(603) 431-1111
Listed by
Andy Yau · License #074320
(603) 431-1111
Added: Apr 21 Updated: Jul 22 at 11:18AM Checked: Jul 23 at 12:06AM
MLS# 5084496
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex offers two residential units with separate utilities and an easy-maintenance setup. Interior details include tray ceilings, hardwood floors, and tiled bathrooms. The listing is also presented with a current cap rate of 11.8% (as stated in the remarks).
Located in downtown Milton, the property is described as being across from Milton 3 Ponds, with fishing, swimming, and boating noted as a short stroll away. The location is also described as minutes to schools, convenience stores, town hall, the seacoast, lakes, mountains, and Route 16, along with other amenities.
The property is zoned High Density Residential. It can be purchased as part of a package that includes 547 White Mountain Highway. Delayed scheduled private showings begin on Friday.
Located in downtown Milton, the property is described as being across from Milton 3 Ponds, with fishing, swimming, and boating noted as a short stroll away. The location is also described as minutes to schools, convenience stores, town hall, the seacoast, lakes, mountains, and Route 16, along with other amenities.
The property is zoned High Density Residential. It can be purchased as part of a package that includes 547 White Mountain Highway. Delayed scheduled private showings begin on Friday.
Key Highlights
- Duplex built in 1900 with wood frame and wood exterior construction
- Separate utilities and easy‑maintenance features, with electric water heater included
- Heating includes hot water (heating), forced air, and propane heat
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.8k | $15.00 |
| − Vacancy | −$1.2k | −$0.50 |
| EGI | $34.6k | $14.50 |
| − OpEx | −$10.4k | −$4.35 |
| NOI | $24.2k | $10.15 |
2,387 SF · lease $15.00/SF/yr · vacancy 3.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$346.2K
$302.9K – $403.9K
NOI $24,231 @ 7.0% cap · market cap 6.06%
Second Best
Apartment 5plus
$319.3K
$279.4K – $372.5K
NOI $22,348 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$638.6K
$558.8K – $745.0K
NOI $44,702 @ 7.0% cap · market cap 11.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex featuring separate utilities and interior finishes including tray ceilings, hardwood floors, and tiled bathrooms.
Where is this duplex located?
The property is located at 545 White Mountain Highway Milton, NH.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Duplex built in 1900 with wood frame and wood exterior construction; Separate utilities and easy‑maintenance features, with electric water heater included; Heating includes hot water (heating), forced air, and propane heat
