23 Gale Ave

Multi-Family for Sale
Catylist Listing ID: 30509305
Property Subtypes: Duplex/Fourplex, Other
Building Status: Proposed
Number of Units: 6 Units
Building Size (RSF): 6,248 SF
Gross Land Area: 0.28 Acres
Sale Price: $499,000
Unit Price: $83,166.67 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/9/2020

Overview / Comments

Grandfathered- Six Family with 5 car garage/detached - Solid income wit long term tenants - Strict 48-hour notice to show - Solid investment - Newer rubber roof - 11.64% Cap-rate - Perfect 1031 exchange. It is all about the neighborhood.

Attachments & Media

Additional Details

Nearest MSA: Laconia
County: Belknap
Tax ID/APN: 433/84/59
Zoning: F-G
Property Located Between: Downtown Laconia
Highway Access: 10 +/- Miles to I93 Exit 20
Airports: Manchester, Laconia
Area Description: In the heart of downtown Laconia, near schools, hospitals and shopping
Total Number of Buildings: 1
Property Condition: Average
Number of Stories: 3
Year Built: 1900
Roof Type: Gable
Construction/Siding: Wood Frame
Exterior Description: Clapboard
Parking Type: Surface
Parking Description: 5 Car garage/detached
Total Parking Spaces: 5
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Other
Fuel: Gas
Air Conditioning: Other
Internet Access: Cable
Lot Frontage: 97
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,052 19,347 26,076
Median Age: 37.37 42.99 43.56
Households: 2,219 8,062 10,920

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