Quality four units like this property are hard to find. This property has been owned by the same owner for a long time. The current rents are below market and by increasing all rents to 1500, it has a strong 7% cap rate. This property was built as a 4-unit apartment building with all separate utilities and conveniences. All units are two-bedroom apartments. A bank letter showing the ability to acquire the property is required before any showings.
Closed
Listed by:
Fred Bussiere,
RE/MAX Shoreline 603-431-1111
Bought with: Bean Group / Portsmouth
$780,000
89 Mckeagney Road, Milton, NH 03851
--beds
--baths
3,600sqft
Multi Family
Built in 1986
-- sqft lot
$-- Zestimate®
$217/sqft
$3,866 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,866/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: May 26, 2023 at 11:27am
Listed by:
Fred Bussiere,
RE/MAX Shoreline 603-431-1111
Bought with:
Zachary M Hill
Bean Group / Portsmouth
Source: PrimeMLS,MLS#: 4946664
Facts & features
Interior
Bedrooms & bathrooms
- Full bathrooms: 4
Heating
- Propane, Baseboard, Hot Water
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Basement: Concrete,Concrete Floor,Interior Stairs,Unfinished,Walk-Out Access
Interior area
- Total structure area: 5,328
- Total interior livable area: 3,600 sqft
- Finished area above ground: 3,600
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, Driveway, Parking Spaces 11 - 20
- Has uncovered spaces: Yes
Features
- Levels: Two
- Frontage length: Road frontage: 2000
Lot
- Size: 11.17 Acres
- Features: Wooded
Details
- Parcel number: MLTNM00049B000004L000000
- Zoning description: LOW DE
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Garden
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Concrete
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: 1500+ Gallon, Leach Field, Replacement Field-OnSite, Septic Design Available
- Water: Drilled Well
- Utilities for property: Cable at Site, Propane
Community & neighborhood
Location
- Region: Milton
Price history
| Date | Event | Price |
|---|---|---|
| 5/26/2023 | Sold | $780,000-2.5%$217/sqft |
Source:  PrimeMLS #4946664 Report a problem | ||
| 4/3/2023 | Contingent | $799,900$222/sqft |
Source: PrimeMLS #4946664 Report a problem | ||
| 3/27/2023 | Listed for sale | $799,900$222/sqft |
Source: PrimeMLS #4946664 Report a problem | ||
| 10/18/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/12/2022 | Listed for rent | $1,550 |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,680 +31.5% | $693,916 +131.4% |
| 2023 | $7,359 +0.2% | $299,859 0% |
| 2022 | $7,341 +7% | $299,894 0% |
Find assessor info on the county website
Neighborhood: 03851
Nearby schools
GreatSchools rating
- 4/10Milton Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 4/10Nute Junior High SchoolGrades: 6-8Distance: 1.7 mi
- 1/10Nute High SchoolGrades: 9-12Distance: 1.7 mi
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- New Hampshire
- Strafford County
- Milton
- 03851
- 89 Mckeagney Road