6 Smith Ct- High return: 11.02% Potential Cap Rate

Multi-Family for Sale
Catylist Listing ID: 30876215
Property Subtypes: Duplex/Fourplex
Number of Units: 2 Units
Building Size (RSF): 2,178 SF
Gross Building Area: See Agent
Gross Land Area: 4,356 SF
Sale Price: $399,900
Unit Price: $199,950 Per Unit
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: 6 Smith ct
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 9/15/2024

Overview / Comments

Look no further for the perfect duplex! With a potential 11.02% cap rate, this up-and-down duplex offers spacious 3-bedroom units on each floor, ideal for maximizing per unit cash flow or living on one floor while the other covers your mortgage. The home boasts excellent curb appeal with a young roof and recently painted exterior.. The lower level unit boasts character and was recently renovated with an updated bathroom, new carpets, and stunning hardwood floors throughout. You’ll love the kitchen, which showcases new stainless steel appliances, luxury vinyl flooring, and a pristine white cabinet finish. Upstairs you'll find a well maintained 3 bedroom unit with beautiful wood kitchen cabinets and hardwood floors throughout. Enjoy relaxing on your second-floor balcony during warm summer days. This home is conveniently tucked away on a side street yet within walking distance to downtown. This location is ideal, offering close proximity to the seacoast, lakes, and mountain region, along with easy access to Route 16, shopping, restaurants, and major highways. Act fast as this will not last.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Strafford
Tax ID/APN: U05094000000000000
Zoning: VILLAGE CENTER
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 2
Year Built: 1910
Roof Type: Gambrel
Construction/Siding: Vinyl Siding
Total Parking Spaces: 5
Laundry: In Each Unit
Heat Type: Oil
Heat Source: Baseboard
Fuel: Oil
Air Conditioning: Window Unit
Internet Access: Cable, Fiber Optic, Other
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,895 7,931 16,300
Median Age: 37.57 38.25 40.35
Households: 1,515 3,027 6,452

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