Bought with Emmanuel Georges • RE/MAX Synergy
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Key Details
Sold Price $320,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,362 sqft
Price per Sqft $234
Subdivision Pinewood Estates
MLS Listing ID 4999120
Sold Date 06/24/24
Bedrooms 3
Full Baths 3
Construction Status Existing
Year Built 1974
Annual Tax Amount $5,039
Tax Year 2023
Property Description
THREE individually deeded 1st Floor 1-BDRM Condos being offered as a "PACKAGE DEAL" at Popular and HIGHLY Sought after "Pinewood Estates". All three units occupied by wonderful, stable/long term tenants. (All are Tenants at Will) with units ranging from 452 to 456 square feet each. Security entrances, wall A/C units, common laundry on same floor, In-Ground pool, well-manicured grounds and lots of parking. Heat and hot water included in HOA fee (tenants pay electric). Ideal investment opportunity for the investor that seeks true "Hands Off" ownership. All residents would love to stay in place. Current Annual Gross $36,900.00 with $16,019.00 expenses (includes all taxes and HOA fees) NET $20,881.00 with potential to increase to $37,261.00 NET using Section 8 cap of $1,480/month for 1 bedroom units with heat/hot water included. 24 Hour notice a MUST !!!!
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning Res
Interior
Heating Gas - Natural
Cooling Wall AC Units
Flooring Carpet, Vinyl
Exterior
Garage Description Parking Spaces 3 - 5, Paved
Utilities Available Cable, Phone
Amenities Available Pool - In-Ground
Roof Type Shingle - Asphalt
Building
Story 1
Foundation Concrete
Sewer Public
Architectural Style Garden
Construction Status Existing
Schools
School District Manchester Sch Dst Sau #37
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