Commercial Opporunity

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30827239
Property Subtypes: High-Rise
Status: Pending/Contingent
Number of Units: 16 Units
Building Size (RSF): 19,680 SF
Gross Land Area: 3,950 SF
Sale Price: $1,250,000
Unit Price: $78,125 Per Unit
Property Use Type: Investment, Business
Usable Size (USF): 15,634 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 1/16/2023

Overview / Comments

16 units with 14 apartments and 2 storefronts Mixed-use brick building in downtown Concord! Building has 2 commercial units on the street level and 14 apartments on 2nd, 3rd and 4th floors. The apartments with high ceilings, wide hallways and hardwood flooring throughout the entire building, are in need of substantial rehab. Newer boiler and rubber roof. Highest and best offers due today, January 12th by 5pm.

Additional Details

Nearest MSA: Concord
County: Merrimack
Tax ID/APN: 9677
Zoning: RETAIL/APT MDL-94
Site Description: city block lot
Total Number of Buildings: 1
Property Condition: Fair
Number of Stories: 4
Year Built: 1920
Roof Type: Flat
Construction/Siding: Brick
Sprinklers: None
Heat Type: Natural Gas, Steam
Heat Source: Baseboard
Fuel: Gas
Internet Access: Cable
Lot Frontage: 50
Lot Depth: 79
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,187 26,966 53,111
Median Age: 34.25 39.22 40.01
Households: 3,353 11,285 21,429

Contact

Photograph of Listing Agent

Steven Cotran

RE/MAX AREA REAL ESTATE NETWORK
NECPE Member
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