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Listed by Ross Hobin of Coldwell Banker Hobin Realty LLC

Here is a rare investment opportunity sited on a 5.25 acre parcel with high elevations looking over Milton's Three ponds. Property contains 9 units, 5,886 sf of finished space, located in 3 separate buildings, comprised of 4 one bedroom units, 1 studio, 3 two bedroom units, 1 commercial unit and 5 garages (4 under, 1 stand alone, 1 double bay). All units have separated utilities. Multiple windows & sliders give all units water views, making each unit very desirable and rentable. 7 units have sliders or french doors onto decks overlooking the water. Seller has meticulously maintained and extensively upgraded property - dealing with improving septic systems (1 new, 1 replaced in kind), upgraded paving, roofs, windows, decking, walkways, landscaping, electrical, painting, heating/air conditioning, utilities, kitchen cabinets, bathrooms, appliances. Ideal for someone who would like to live in a unit, or operate business on site, or for the non resident investor who can have peace of mind that so much has been upgraded, making this is a TOTAL TURNKEY operation! The demand for housing moving north, results in a continuing increase in rents and higher quality tenants, yielding strong cash flows and a solid investment for years to come. 5.25 acre parcel with 517' of frontage, public water and commercial zoning. Square footages are estimates only and should be verified by Buyer.

Property Details of 693 White Mountain Highway

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Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated July 14, 2020.

 

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