Cashflow! Seize this incredible opportunity with a mixed-use triplex spanning approximately 3,000 SF and offering a potential cap rate over 14%. The residential units exude charm and character, featuring hardwood floors throughout, wood kitchen cabinets, and elegant tin ceilings. Recent upgrades include brand-new heating systems, ensuring efficiency and comfort for tenants. The spacious commercial unit, boasting over 1,500 SF, offers remarkable flexibility for a variety of business uses. High ceilings and striking tin ceilings enhance the spaceâ??s historic appeal, while expansive display windows provide excellent visibility and views of Milton Three Ponds. A dedicated back area offers additional workspace or storage, catering to a range of business needs. Investors will appreciate the convenience of separate utilities, while tenants enjoy a prime downtown Milton location directly across from Milton Three Pondsâ??ideal for boating, fishing, and kayaking. The property is also just minutes from schools, convenience stores, town hall, the Seacoast, lakes, mountains, and major routes, including Route 16. The adjacent lot is also available for purchase as part of a package deal(MLS # 5033185). Property is FHA financeable. Act fast, as this will not last. Delayed PRIVATE showings begin March 23, Sunday between 12-2PM.
Milton is located in New Hampshire. Milton, New Hampshire has a population of 4,503. Milton is more family-centric than the surrounding county with 30.2% of the households containing married families with children. The county average for households married with children is 29.75%.
The median household income in Milton, New Hampshire is $80,238. The median household income for the surrounding county is $76,560 compared to the national median of $69,021. The median age of people living in Milton is 38.8 years.
The average high temperature in July is 81.3 degrees, with an average low temperature in January of 11.4 degrees. The average rainfall is approximately 48.3 inches per year, with 62.8 inches of snow per year.
