Former Independent Living facility 15 beds
Special Purpose
for Sale
Sale Pending
Catylist Listing ID: |
30597149 |
Property Subtypes: |
Senior Housing
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Status: |
Pending |
Building Size (RSF): |
6,323 SF
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Gross Building Area: |
See Agent |
Sale Price: |
$675,000 |
Property Use Type: |
Vacant/Owner-User |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
4/5/2021 |
Overview / Comments
The property consists of a 1.05-acre parcel improved with single-story, colonial-style building. The property was constructed for, and most recently used as an independent living facility for the elderly, with a common kitchen-dining area and common laundry room supporting 4 separate living pods with a total of 15 bedrooms. Each pod has a full, roll-in ADA bathroom. There are 2 other bathrooms, one full, roll-in ADA and one small ADA 1/2 bath. The building is wood-framed construction, trussed roof, slab on grade, built about 1988. There is 6,323 sf.
The site is nicely maintained and appears to be fully developed for its current use. The site is serviced by municipal water and sewer, and appears to be adequately drained.
The building is improved with a fire-alarm system, a dry sprinkler system (attic area too) including hands-free exterior doors (not operating). The building is fully conditioned with central heat (FHW by oil) and central air conditioning. Most of the flooring is VCT, some pods are carpeted (needs to be replaced), tiled bathrooms and a rubber floor in thekitchen and the laundry room.
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Financials
Finance Data Year |
2020 |
Real Estate Taxes - Annual($) |
$0 (Annual) |
Additional Details
Nearest MSA: |
Boston-Cambridge-Newton |
County: |
Rockingham |
Tax ID/APN: |
36/066 |
Zoning: |
MHDR |
Property Visibility: |
Excellent |
Largest Nearby Street: |
Route 102 |
Highway Access: |
Exit 4 or Exit 5, Interstate 93 |
Airports: |
Manchester Boston Regional Airport |
Site Description: |
100% developed with building, pavement and landscaping. |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Property Condition: |
Good |
Year Built: |
1988 |
Year Renovated: |
2008 |
Roof Type: |
Gable |
Construction/Siding: |
Vinyl Siding, Wood Frame |
Parking Type: |
Surface |
Parking Description: |
On site 10+ paved and striped spaces |
Sprinklers: |
Dry |
Heat Type: |
Oil |
Heat Source: |
Baseboard |
Air Conditioning: |
Package Unit |
Zoning Description: |
MHDR Multi-family and Private schools allowed by right, artist, artisan, craftsman, tradesman and repairman allowed by special exception |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Land Ownership: |
Fee Simple |
Legal Description: |
RCRD 3507 / 421 |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
8,484 |
36,266 |
68,010 |
Median Age: |
36.49 |
38.78 |
39.36 |
Households: |
3,710 |
13,935 |
24,909 |
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