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 |
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 |
|
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