513 Chestnut Street

Multi-Family for Sale
Catylist Listing ID: 30774346
Property Subtypes: Low-Rise/Garden
Number of Units: 6 Units
Building Size (RSF): 12,010 SF
Gross Building Area: See Agent
Sale Price: $948,000
Unit Price: $158,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/7/2021

Overview / Comments

Have you been sniffing around for that perfect opportunity? Located walking distance to downtown, bordering the North end, LEAD-SAFE, and across from the Pearl St Parking Lot, this building has the aromas of opportunity all around! Featuring an impressive 7,904 square feet of finished living space and consisting of all 2 and 3 bedroom apartments, this multifamily is primed for the next investor to come in and add value simply by increasing rents to market rate. As if that wasn't enough, this building's utilities are run off natural gas, and are all separate. Having been professionally managed for the last 6+ years, you can rest assured that typical repairs and maintenance items have not been deferred, and the units have seen upgrading as needed. Reach out today to schedule your walkthrough. 48-hour minimum notice required, as all units are fully occupied.

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 5-8A
Zoning: R-3

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 30,701 113,336 139,177
Median Age: 33.3 36.54 37.53
Households: 13,134 46,599 56,103


Photograph of Listing Agent

Matthew Lefebvre

Elm Grove Realty NECPE Member
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