363 Amherst St.

Multi-Family for Sale
Catylist Listing ID: 30679946
Property Subtypes: Low-Rise/Garden
Number of Units: 6 Units
Building Size (RSF): 7,718 SF
Gross Building Area: See Agent
Sale Price: $599,700
Unit Price: $99,950 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/11/2021

Overview / Comments

Six-unit investment property for sale comprised of a single large building (over 7,700 sq feet of living space) with varying sized units. There is a mix of 1BR apartments all the way up to a 4/5BR apartment with separate natural gas heat (forced hot water) and separate electric. There are a handful of on-site, off-street parking spots, plus an additional six spaces that are currently being leased from an adjacent property in order to provide adequate parking to the tenants. Several units are significantly under-market rent allowing for a new owner to come in and simply raise rents as leases expire with minimal improvement work required. There are also a couple units that have been turned in the last few months and feature new painting and flooring. The roof on the back half of the building was replaced within the last year, as well as the two hot water tanks. Schedule your showing today to see if this could be your next investment property! One or more members of the selling entity is a licensed NH real estate salesperson. 48-hour notice required, as units are currently occupied.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $0 (Annual)

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 113-50
Zoning: R-3

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 33,111 107,136 140,719
Median Age: 34.25 37.06 37.54
Households: 14,186 44,631 56,596

Contact

Photograph of Listing Agent

Matthew Lefebvre

Elm Grove Realty NECPE Member
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