Milton, NH - July 15, 2024 - Andy Yau, distinguished as New Hampshire's top 7 real estate professionals by Fast Expert, introduces an exceptional investment opportunity at 563 White Mountain Highway, Milton. Priced at $499,900, this triplex stands out as a rare find with a current cap rate of 12.26%, making it a highly attractive option for investors seeking robust cash flow.
"Welcome to 563 White Mountain Highway, where cash flow meets character," says Andy Yau. "This triplex offers not just a great investment, but a lifestyle choice. Imagine enjoying morning coffee with a view of Milton Three Ponds just across the street—perfect for kayaking or simply unwinding by the water."
Strategically positioned directly across from the picturesque Milton Three Ponds, renowned for its scenic beauty and recreational offerings, this property appeals not only to investors but also to outdoor enthusiasts keen on fishing and kayaking.
Each unit of this meticulously maintained triplex showcases modern updates seamlessly integrated with classic charm. Features include gourmet kitchens with granite countertops, high-end stainless steel appliances, and contemporary recessed lighting. The interior exudes character with hardwood flooring, exposed beams, and skylights enhancing the ambiance.
Open concept living and kitchen areas create an inviting space for modern living and entertaining, complemented by updated amenities such as in-unit washer dryers.
Landlords and tenants alike benefit from practical advantages such as separate utilities, low operational costs, and ample rear parking. Situated on an expansive 0.78-acre lot, the property includes a generous yard ideal for outdoor activities and relaxation. "Convenience is key here," adds Yau. "You're just minutes away from schools, local amenities, and major transport routes including Route 16. Whether you're commuting to the Seacoast or exploring the mountains, this location offers unparalleled accessibility."
Recent market trends underscore the property's value proposition, with New Hampshire's median single-family home price reaching $538,000, marking a 7.8% year-over-year increase in June. Additionally, a slight decrease in inflation (CPI index down by 0.1% in June) is anticipated to prompt a Federal Reserve rate cut, further stimulating buyer interest and investment activity.
Prospective buyers and investors are invited to explore this outstanding opportunity. Scheduled viewings will commence on Saturday, July 20, from 12-2 PM. For more information or to schedule a private showing, please contact Andy Yau at 603.969.6216.
Media Contact
Company Name: RE/MAX Shoreline
Contact Person: Andy Yau
Email: Send Email
Country: United States
Website: www.andycyau.com
