Two Rehabbed Apt Buildings w/ Garage

Multi-Family for Sale
Catylist Listing ID: 30377429
Number of Units: 8 Units
Building Size (RSF): 8,304 SF
Gross Land Area: 0.09 Acres
Sale Price: $750,000
Unit Price: $93,750 Per Unit
Property Use Type: Investment
Usable Size (USF): 8,304 SF
Sale Terms: Undisclosed
Cap Rate: 10.0%
Last Updated: 3/8/2019

Overview / Comments

Two really clean freshly and properly rehabbed apartment buildings on two lots of record and two deeds being sold together with three large 4 bedroom apartments in one building and 5 spacious two bedroom apartments in the other building PLUS 12 storage garages offering storage and parking in an area where it is at a premium. Nice positive cash flows producing a 10% capt. Call for the numbers. 312-314 has a lead safe certificate. This real estate is available as a package with others if interested in a larger portfolio.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $14,466 (Annual)

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 408-0-0019
Zoning: RES
Total Number of Buildings: 2
Property Condition: Good
Number of Stories: 3
Year Built: 1910
Roof Type: Flat
Construction/Siding: Vinyl Siding, Wood Frame
Exterior Description: Vinyl
Parking Type: Structure
Parking Description: Parking Garage
Total Parking Spaces: 12
Heat Type: Hot Water
Heat Source: Baseboard
Fuel: Gas
Zoning Description: Residential
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 30,013 109,992 140,719
Median Age: 34.79 36.83 37.54
Households: 13,034 45,637 56,596

Contact

Photograph of Listing Agent

Steven Cotran

RE/MAX AREA REAL ESTATE NETWORK
NECPE Member
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