Three-family property in the heart of Pembroke

Multi-Family for Sale
Catylist Listing ID: 30368752
Property Subtypes: Mid-Rise
Number of Units: 3 Units
Building Size (RSF): 2,178 SF
Gross Building Area: See Agent
Sale Price: $245,000
Unit Price: $81,666.67 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller, Purchase Money Mortgage, Other
Cap Rate: Undisclosed
Last Updated: 2/21/2019

Overview / Comments

A great low-cost way to own an investment property! Fully occupied, this building has stable tenants with good rents, low operating expenses, and is ready for a new owner. With a variety of capital expenditures taken care of including upgraded PEX piping, separate circuit breaker panels, efficient gas heating systems for each unit, and insulation throughout the building. Comprised of a one, two, and three bedroom apartment, this property produces a strong income of over $30,000 annually. And with low operating expenses totaling less than $10,000 per year, there's a lot of potential to make money with this property!

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $5,116 (Annual)

Additional Details

Nearest MSA: Concord
County: Merrimack
Tax ID/APN: VE156000
Zoning: B-2A

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,562 12,860 31,763
Median Age: 39.14 39.78 41.59
Households: 2,315 5,159 12,887

Contact

Photograph of Listing Agent

Matthew Lefebvre

Elm Grove Realty NECPE Member
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