Mixed-use property in Allenstown, NH
Multi-Family
for Sale
Sale Pending
| Catylist Listing ID: |
30868328 |
| Property Subtypes: |
Mixed Use
|
| Status: |
Pending |
| Number of Units: |
8 Units |
| Building Size (RSF): |
7,841 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$1,200,000 |
| Unit Price: |
$150,000 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/25/2024 |
Overview / Comments
|
Welcome to 2 Bartlett Street in Allenstown! Centrally located less than 20 minutes from Concord or Manchester and adjacent to Route 3, this mixed-use property embodies both the convenience of being close to city amenities and the luxury of quiet, small-town living. This property is located on the corner of Bartlett & Turnpike streets and nestled near the Suncook River. A large pylon sign provides additional visibility from Route 3 for any businesses at this location. The building is comprised of four one-bedroom apartments, two two-bedroom apartments, a commercial office, and a commercial warehouse with approvals in hand to be converted into two more two-bedroom apartments. The possibilities are endless with this property! With separated utilities, all six apartments having been renovated in the last year, plenty of off-street parking, and a sprinkler system piped throughout the building, management and an apartment conversion are a breeze! Truly an excellent addition to any portfolio. Seller is a licensed real estate professional.
|
Additional Details
| Nearest MSA: |
Concord |
| County: |
Merrimack |
| Tax ID/APN: |
000110000004000000 |
| Zoning: |
R1 |
| Property Located Between: |
Manchester & Concord |
| Highway Access: |
Route 3 |
| Total Number of Buildings: |
1 |
| Property Condition: |
Fair |
| Number of Stories: |
25 |
| Year Built: |
1890 |
| Year Renovated: |
2023 |
| Construction/Siding: |
Brick/Vinyl Siding |
| Parking Type: |
Surface |
| Parking Description: |
Paved, ample off-street |
| Sprinklers: |
Wet |
| Heat Type: |
Electricity, Natural Gas |
| Heat Source: |
Baseboard, Ceiling Units |
| Fuel: |
Oil, Electric |
| Air Conditioning: |
Other |
| Zoning Description: |
Residential |
| Lot Frontage: |
341 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,976 |
12,860 |
29,028 |
| Median Age: |
40.38 |
39.78 |
40.98 |
| Households: |
1,693 |
5,159 |
11,699 |
|
© Copyright 2024 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
|
