8 Unit Mixed Use Building For Sale

Multi-Family for Sale
Catylist Listing ID: 30824324
Property Subtypes: Low-Rise/Garden, Mixed Use
Number of Units: 8 Units
Building Size (RSF): 9,064 SF
Gross Building Area: 12,204 SF
Gross Land Area: 0.13 Acres
Sale Price: $1,399,000
Unit Price: $174,875 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/24/2023

Overview / Comments

8-UNIT MONEYMAKER: $151,800. solid income & low expenses! Fully-occupied! Upper Eastside Neighborhood. Restaurant is leased w/options, for 10years total; Tenants pay own heat & utilities; FOUR 3-bedrm; TWO 1-bedrm; "The Green Restaurant" is leased-out; ONE commercial office unit. Parking at rear and side. Recently-remodeled: restaurant interior, rear decks, new exterior paint & siding updates, one brand new unit. Apartments in very good condition, heated by newer furnaces or direct gas wall units. Other improvements in basement: (8) new 9'X6' storage lockers for tenants; (4) new coin-op washers & dryers in basement . The walk-in cooler, walk-in freezer, and the frying/vent system, are included in sale. A Great Investment!

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 265-22
Year Built: 1910
Laundry: Shared
Heat Type: Electricity, Natural Gas
Fuel: Gas
Air Conditioning: Window Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 29,245 102,614 147,433
Median Age: 34.98 37.11 37.54
Households: 11,752 42,193 59,027
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