545 White Mountain Highway, Milton, NH 03851
MULTI_FAMILY - Other - Milton, NH
- Added:
- Apr 21, 2026
- Days on Market:
- 45
- Last Refresh:
- Jun 4 at 12:06 am
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
- Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 3
- Appliances
- Electric Water Heater
- Standard status
- Active
- Size
- 2,387 SF
- Lot size
- 0.20 Acres
Utilities
- Utilities
- Cable Available
- Heating system
- Propane (Heating), Hot Water(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 agent Andy Yau License #074320 (603) 431-1111
Listing office RE/MAX Shoreline 875 Greenland Rd., Portsmouth, NH (603) 431-1111
Listing date Apr 21, 2026
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.
HighLights
- Duplex with 11.8% current cap rate
- Year built 1900; wood frame construction with wood exterior
- Heating includes propane forced air plus hot water; electric water heater
- Public water and cable available; separate utilities for each unit
- Unit interiors feature tray ceilings, hardwood floors, and tiled bathrooms
- Located in downtown Milton across from Milton 3 Ponds; fishing, swimming, and boating nearby; Route 16 minutes away
Overview
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.
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
- -70.9877275
- Latitude
- 43.4138148
