Downtown Mixed Use Historic Building
Multi-Family
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30827961 |
| Property Subtypes: |
Mid-Rise
|
| Status: |
Pending/Contingent |
| Number of Units: |
16 Units |
| Building Size (RSF): |
8,743 SF |
| Sale Price: |
$1,000,000 |
| Unit Price: |
$62,500 Per Unit |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/27/2023 |
Overview / Comments
|
Attractive Mixed Use Downtown Building currently operating as single tenant leased office space on the first floor and 15 single room occupancy units on floors 2 and 3. Renovated and brought up to code in 2018. Current variance permits specific residential tenants (Americorp, Cityyear corp members.) This building is one block from Elm Street and abutts major new apartment development project. Delayed showings beginning on Dec. 26 for Mondays only after 1:00pm. Income and expense information available during due diligence.
|
Additional Details
| Nearest MSA: |
Manchester-Nashua |
| County: |
Hillsborough |
| Tax ID/APN: |
116-8 |
| Zoning: |
B4 |
| Property Condition: |
Excellent |
| Number of Stories: |
3 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Sprinklers: |
Wet |
| Heat Type: |
Hot Water |
| Heat Source: |
Baseboard |
| Fuel: |
Gas |
| Air Conditioning: |
Window Unit |
| Internet Access: |
Cable |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
35,028 |
109,913 |
141,599 |
| Median Age: |
32.68 |
37.1 |
37.57 |
| Households: |
14,545 |
45,167 |
56,893 |
|
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