545 White Mountain Highway, Milton, NH 03851
Two-unit income property with split utilities and easy-maintenance finishes, currently described with an 11.8% cap rate.
- Added:
- Apr 9, 2026
- Days on Market:
- 67
- Last Refresh:
- Jun 13 at 4:47 am
Property Features for 545 White Mountain Highway
General Information
- Standard status
- Active
- Size
- 2,387 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing agent Andy Yau (603) 763-4932
Listing office RE/MAX Shoreline
Listing date Apr 9, 2026
Source Harborlightrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Shoreline
HighLights
- Duplex built in 1900 offering two income units with current cap rate of 11.8%
- Split utilities for each unit, described as allowing for lower expenses via separate utilities
- Units feature hardwood floors and tiled bathrooms, plus tray ceilings
- Located in downtown Milton across from Milton 3 Ponds
- Set near Route 16 and close to schools, convenience stores, town hall, the seacoast, lakes, and mountains
- Can be purchased as a package with 547 White Mountain Highway; delayed showings begin Friday
Overview
Located in downtown Milton at 545 White Mountain Highway, the property is described as across from Milton 3 Ponds and within walking distance of fishing, swimming, and boating. The listing also notes convenient proximity to schools, convenience stores, town hall, and the seacoast, along with nearby lakes and mountains. Route 16 is identified as being minutes away, alongside other local amenities.
For buyers seeking a residential income duplex, the combination of two self-contained units and separate utilities can support day-to-day management and tenant turnover. The listing also states the property can be purchased as part of a package with 547 White Mountain Highway. The current posting cites a 11.8% cap rate, and it indicates that delayed, scheduled private showings begin on Friday.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Milton
- County
- Strafford
- State
- New Hampshire
- Longitude
- -70.986981
- Latitude
- 43.414847
