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 space’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 Ponds—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.
5,663 Sq Ft Exterior Space
Investment
Built in 1850
MLS/Listing ID 5032714
3 Units
Heating - Oil
Heating - Electric
Heating - Forced Air
Heating - Hot Water
Lot - Level
Shingle
Construction - Wood Frame
Cooling - Other
Heating - Propane
Listing Courtesy of RE/MAX SHORELINE, ANDY YAU - 603-969-6216
Source of Data: PRIMEMLS