$675,000
$729,900
7.5%For more information regarding the value of a property, please contact us for a free consultation.
16 Beds
15 Baths
6,222 SqFt
SOLD DATE : 04/03/2019
Key Details
Sold Price $675,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 6,222 sqft
Price per Sqft $108
MLS Listing ID 72434425
Sold Date 04/03/19
Bedrooms 16
Full Baths 15
Year Built 1900
Annual Tax Amount $6,120
Tax Year 2017
Lot Size 2.180 Acres
Acres 2.18
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
Up on a hill these two buildings are on separate lots, separate deeds and comprise of a total 15 units of apartments with parking and is great proximity to downtown, bus routes, the highway, recreation areas and centers of employment. This property cash flows nicely with a 10% cap rate including a management fee and a generous vacancy factor. It is a cash cow and may be available with other buildings in the portfolio for a package deal.
Location
State NH
County Belknap
Zoning DRD
Direction Union ave. north of the junction of Main St. and Union Ave. Property on the right.
Rooms
Basement Full, Unfinished
Interior
Appliance Electric Water Heater
Exterior
Community Features Public Transportation, Public School
Roof Type Shingle
Total Parking Spaces 16
Garage No
Building
Lot Description Gentle Sloping, Level
Story 9
Foundation Granite
Sewer Public Sewer
Water Public
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