MIXED USE Building 2 apartments & office

Multi-Family for Sale
Catylist Listing ID: 30298461
Property Subtypes: Duplex/Fourplex, Mixed Use
Number of Units: 3 Units
Building Size (RSF): 6,135 SF
Gross Land Area: 4.95 Acres
Sale Price: $199,000
Unit Price: $66,333.33 Per Unit
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/25/2018

Overview / Comments

Being sold "AS IS". Commercial/Residential building with almost 5 acres on Route 4! Existing structure has two residential apartments that are currently leased and a spacious office space - formerly a dental practice. Great property for an office with the exposure n Route 4 and rental income as well. Property is nicely set back from the road with gorgeous fields. Large post and beam barn as well. Ample parking on site. There are so many possibilities with this property. Come see how it can fit your needs.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $9,957 (Annual)

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Submarket/Township: Portsmouth
Tax ID/APN: 2150001
Zoning: LIGHT COMMERCIAL / RESIDENTIAL
Percent Occupied: 100%
Property Located Between: Portsmouth and Concord
Highway Access: Located on Route 4 Easy Access to Routes 93 and 89
Airports: Manchester/Boston Regional and Pease in Portsmouth
Site Description: Building is set way back from the road. Also has access and frontage on Old Turnpike Road.
Area Description: Well traveled State road with multiple businesses in the area.
Total Number of Buildings: 1
Property Condition: Average
Number of Stories: 2
Year Built: 1900
Construction/Siding: Vinyl Siding
Parking Type: Surface
Laundry: In Each Unit
Heat Type: Electricity, Propane
Heat Source: Baseboard, Wall Units
Fuel: Electric, Propane
Zoning Description: Light Commercial / Residential
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,296 2,646 13,585
Median Age: 41.91 42.25 42.04
Households: 500 1,011 4,999

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