13 Unit Multi-Family for Sale
Multi-Family
for Sale
| Catylist Listing ID: |
30807021 |
| Property Subtypes: |
Low-Rise/Garden
|
| Number of Units: |
13 Units |
| Building Size (RSF): |
6,909 SF |
| Gross Land Area: |
0.34 Acres
|
| Sale Price: |
$799,000 |
| Unit Price: |
$61,461.54 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Undisclosed |
| Cap Rate: |
10.2% |
| Last Updated: |
10/3/2022 |
Overview / Comments
|
TAKE ANOTHER LOOK! Looking for an investment property with great returns and potential for more? Look no further than this FULLY OCCUPIED 13 unit multi-family building in North Haverhill. $81,666 NOI. 10.2% CAP Rate. Approximately half the units have already been renovated/updated and are leased at market rate. Optimize your investment by bringing all the units up to market rent. All the units have brand new electrical panels. Concerned about heating costs? You've got options with a self feeding coal burner for optional use in addition to the standard oil boiler. Plenty of parking on site.
|
Financials
| Finance Data Year |
2022 |
| Real Estate Taxes - Annual($) |
$8,724 (Annual) |
| Tax Value Land |
$32,600 |
| Tax Value Improvements |
$317,900 |
| Assessed Value - Total($) |
$350,500 (Annual) |
| Potential Rental Income |
$132,600 (Annual) |
| Gross Operating Income |
$132,600 (Annual) |
| Net Operating Income |
$96,575 (Annual) |
| Actual or Proforma Year |
Proforma |
| Finance Data Year |
2021 |
| Real Estate Taxes - Annual($) |
$8,724 (Annual) |
| Tax Value Land |
$32,600 |
| Tax Value Improvements |
$317,900 |
| Assessed Value - Total($) |
$350,500 (Annual) |
| Potential Rental Income |
$132,600 (Annual) |
| Gross Operating Income |
$119,100 (Annual) |
| Net Operating Income |
$81,666 (Annual) |
| Actual or Proforma Year |
Actual |
Additional Details
| Nearest MSA: |
Lebanon |
| County: |
Grafton |
| Tax ID/APN: |
000206000108000000 |
| Zoning: |
401 NO HAVERHILL |
| Highway Access: |
About 15-20 minutes off I-91 and about 30-35 minutes for I-93 in Littleton |
| Total Number of Buildings: |
1 |
| Property Condition: |
Fair |
| Number of Stories: |
3 |
| Year Built: |
1900 |
| Construction/Siding: |
Vinyl Siding |
| Parking Type: |
Surface |
| Parking Description: |
Parking in front of building, in driveway to right of building, and large parking lot in the rear of the building. |
| Heat Type: |
Hot Water |
| Heat Source: |
Baseboard |
| Fuel: |
Oil |
| Water Service: |
Municipal |
| Sewer Type: |
Septic |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
5,481 |
5,937 |
| Median Age: |
45.32 |
45.12 |
| Households: |
2,307 |
2,506 |
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