Duplex with Separate
545 White Mountain Highway Milton, NH 03851
545 White Mountain Highway, Milton, NH, 03851
$425,000
For Sale
$425,000
MULTI_FAMILY - Other - Milton, NH
Property Size2,387 SF
Lot Size0.20 Acres
Price / SF$178.05
Days on Market91
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 3, Bedroom 5, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1
- 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), Propane (Heating), Forced Air
- 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
875 Greenland Rd., Portsmouth, NH
Listed by
Andy Yau · License #074320
(603) 431-1111
Added: Apr 21 Checked: Jul 20 at 3:06 am
MLS# 5084496
Listing URL
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 for-sale duplex offers two separate living units with easy-maintenance features and separate utilities. Interior details include tray ceilings, hardwood floors, and tiled bathrooms, adding character while keeping upkeep straightforward. The property is configured as a two-unit residential income asset sized at 2,387 square feet on a 0.2-acre lot.
Located in downtown Milton, the property is described as across from Milton 3 Ponds. The surrounding area supports tenant lifestyle interests such as fishing, swimming, and boating within a short walk. It is also positioned just minutes from schools, convenience stores, town hall, and access to the seacoast, lakes, and mountains, with Route 16 also noted as nearby.
For investors or owner-occupants seeking a duplex in High Density Residential zoning, the layout and separate utilities may appeal for day-to-day management. The listing remarks also cite a current cap rate of 11.8% and note that the separate utilities can help keep expenses controlled. If you’re considering assembling the purchase, the property can be bought as a package with 547 White Mountain Highway. Delayed, scheduled private showings begin on Friday.
Located in downtown Milton, the property is described as across from Milton 3 Ponds. The surrounding area supports tenant lifestyle interests such as fishing, swimming, and boating within a short walk. It is also positioned just minutes from schools, convenience stores, town hall, and access to the seacoast, lakes, and mountains, with Route 16 also noted as nearby.
For investors or owner-occupants seeking a duplex in High Density Residential zoning, the layout and separate utilities may appeal for day-to-day management. The listing remarks also cite a current cap rate of 11.8% and note that the separate utilities can help keep expenses controlled. If you’re considering assembling the purchase, the property can be bought as a package with 547 White Mountain Highway. Delayed, scheduled private showings begin on Friday.
Key Highlights
- Duplex with a stated current cap rate of 11.8%
- Built in 1900 with wood frame construction and wood exterior
- Heating includes hot water heat, propane heat, and forced air
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 5.70%
Second Best
Apartment 5plus
$319.3K
$279.4K – $372.5K
NOI $22,348 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$638.6K
$558.8K – $745.0K
NOI $44,702 @ 7.0% cap · market cap 10.52%
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 with separate utilities and finishes including hardwood floors and tiled bathrooms in downtown Milton.
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 $425,000.
What are key features of this property?
This property features: Duplex with a stated current cap rate of 11.8%; Built in 1900 with wood frame construction and wood exterior; Heating includes hot water heat, propane heat, and forced air
