Stabilized and heavily remodeled 6 unit with new 5 car garage on site
Multi-Family
for Sale
| Catylist Listing ID: |
30856019 |
| Property Subtypes: |
Low-Rise/Garden
|
| Number of Units: |
6 Units |
| Building Size (RSF): |
4,254 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$1,172,590 - 1,297,590 |
| Unit Price: |
$195,431.67 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage, Owner Financing |
| Cap Rate: |
Undisclosed |
| Last Updated: |
11/22/2023 |
Overview / Comments
Centrally-located 6 unit building with newly ground-up rebuilt 5 stall garage including automatic openers and more. All units freshly remodeled with quartz/granite, fixtures, and glossy fresh paint. 4 units were fully gutted and rebuilt. New roof on whole building. Brick courtyard for tenant enjoyment, grand front foyer entrance, redone rear Trex decking and PT railings/balusters, and much more. Must see to believe.
8% cap. Renovation work done in 2022 and 2023.
Bonus lot available for $125,000, believed buildable after some review and concept work. Currently used for 6 off-street parking spaces, may support 4-6 units, buyer or seller may obtain approvals, subject to negotiation.
Can be purchased separately or in conjunction with 513 Chestnut St, 637 Harvard St, and/or 520 Beech St. Agent interest.
|
Financials
| Finance Data Year |
2023 |
| Real Estate Taxes - Annual($) |
$9,453 (Annual) |
Additional Details
| Nearest MSA: |
Manchester-Nashua |
| County: |
Hillsborough |
| Tax ID/APN: |
0102//0016// |
| Zoning: |
R3 |
| Total Number of Buildings: |
2 |
| Parking Type: |
Surface, Other |
| Parking Description: |
5 car garage |
| Heat Type: |
Natural Gas |
| Heat Source: |
Baseboard |
| Internet Access: |
Cable, DSL, Satellite, Fiber Optic |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
36,517 |
106,140 |
141,599 |
| Median Age: |
33.07 |
37.32 |
37.57 |
| Households: |
14,978 |
43,826 |
56,893 |
|
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The information presented herein is provided as is, without warranty of any kind.
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