Multi Family Conversion

Multi-Family for Sale
Also listed as Office
Catylist Listing ID: 30482455
Property Subtypes: Mixed Use
Number of Units: 5 Units
Building Size (RSF): 4,065 SF
Gross Building Area: See Agent
Gross Land Area: 1.08 Acres
Sale Price: $399,999
Unit Price: $79,999.80 Per Unit
Property Use Type: Investment
Building Name: 411 US Route 4
Usable Size (USF): 4,065 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/5/2019

Overview / Comments

Once housed two office spaces, a retail space and two residential rentals.
Office space converted to residential, could easily be converted back. Route 4 Zoning District allows for many uses. Ample on-site parking.

Gambrel building on site could easily house more units.

Additional Details

Nearest MSA: Lebanon
County: Grafton
Tax ID/APN: 0370130000
Zoning: ROUTE 4 DISTRICT
Highway Access: US Route 4 to I-89 Exit 17, approx 5 Miles.
Airports: Manchester-Boston, Lebanon Regional
Area Description: Enfield US Route 4 location, close to schools, banks, post office, Park, playground, community building, library, restaurants, and much more. NH Rail trail system great for hiking, walking, cross country skiing, several local lakes for water activities: swimming, boating, kayaking, paddle-boarding, water skiing, ice skating, fishing, something for all seasons.
Property Condition: Good
Roof Type: Other
Construction/Siding: Vinyl Siding, Wood Frame
Parking Type: Surface
Laundry: Laundromat Nearby
Sprinklers: None
Heat Type: Oil, Hot Water
Heat Source: Baseboard
Fuel: Oil
Air Conditioning: Window Unit
Internet Access: Cable, DSL
Interior Description: Previously a mix use complex, Now becoming a Multi family conversion, former office space, former doctors office, transitioning to rental housing, with potential for even more units.
Zoning Description: Route 4 District, https://www.enfield.nh.us/sites/enfieldnh/files/uploads/zoning_ordinance_2019_update.pdf
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,700 10,016
Median Age: 43.71 44.32
Households: 2,011 4,277

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