547 Silver St.

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30709441
Property Subtypes: High-Rise, Mid-Rise
Status: Pending
Number of Units: 6 Units
Building Size (RSF): 5,898 SF
Gross Building Area: 6,375 SF
Sale Price: $645,000
Unit Price: $107,500 Per Unit
Property Use Type: Investment
Building Name: 547 Silver St
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/1/2021

Overview / Comments

547 Silver Street is a six unit property comprised of one large building (5,898 sq feet of living space) with off-street parking.​ There is a mix of three 2-BR apartments and three 3-BR apartments.​ Separate natural gas utilities (forced hot water heat) service the units, with four of the six boilers being replaced in 2018 with efficient wall-mounted units.​ Electricity and hot water are also separate and have been updated as needed.​ Throughout the units, there have been several upgrades, including: One completely renovated unit (including new kitchen, appliances, flooring, etc), two additional apartment turns (including new flooring and paint), and one new hot water tank.​ With a stable, long-term tenant base, this would be a great addition to anyone's portfolio.​ COC is valid through March 2022.​ Assisted showings by appointment only, minimum 48 hour notice required as building is fully occupied.​

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 265-13
Zoning: R-3
Site Description: Parking: On site, paved Const.Type: Wood frame
Number of Stories: 3
Year Built: 1910

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 27,671 102,614 148,968
Median Age: 34.5 37.11 37.57
Households: 11,157 42,193 59,501


Photograph of Listing Agent

Matthew Lefebvre

Elm Grove Realty NECPE Member
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