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Listed by Doug Martin • Keller Williams Realty-Metropolitan
$2,135,000
Est. payment /mo
11,544 SqFt
UPDATED:
12/04/2024 03:34 PM
Key Details
Property Type Multi-Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 11,544 sqft
Price per Sqft $184
MLS Listing ID 5017417
Construction Status Existing
Year Built 1900
Annual Tax Amount $18,400
Tax Year 2023
Lot Size 9,583 Sqft
Acres 0.22
Property Description
Exceptional investment opportunity! This fully leased 11-unit multi-family property features separate utilities and off-street parking for 10 vehicles. Situated on a corner lot, it's conveniently located near McDonough School, Bridge Street, Derryfield Park, restaurants, and retail shops. Each unit includes two bedrooms and one bathroom, averaging 900 plus square feet. All units are quite similar, showcasing hardwood floors, updated bathrooms, and windows. The roof was renovated four years ago, and security cameras are installed on the property. Please note, there is no laundry facility within the building. An additional value-add is the possibility of a 12th unit, which is currently unused due to a fire that occurred years ago. Additionally, off-street parking is currently offered at no charge. This property allows for an easy commute to Route 93 and would make a perfect 1031 exchange.
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning R-2
Rooms
Basement Entrance Interior
Basement Concrete Floor, Full, Interior Access
Interior
Cooling None
Flooring Carpet, Hardwood, Vinyl
Exterior
Utilities Available Gas - Underground
Roof Type Shingle - Asphalt
Building
Story 3
Foundation Block
Sewer Public
Architectural Style Multi-Family, Multi-Level
Construction Status Existing
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