Profitable 4 Unit Multi Family For Sale

Multi-Family for Sale
Catylist Listing ID: 30656402
Property Subtypes: Duplex/Fourplex, Student Housing, Other
Number of Units: 4 Units
Building Size (RSF): 4,160 SF
Gross Building Area: See Agent
Sale Price: $419,000
Unit Price: $104,750 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 10/6/2020

Overview / Comments

Charming Colonial with 4 apartments at the corner of Route 120 and Bean Road. This property is located in the heart of Meriden, NH. All four apartments are fully rented making it a great investment opportunity. Metered propane heating and hot water systems for each unit. Plenty of parking on site.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $6,861 (Annual)
Gross Operating Income $45,300 (Annual)
Net Operating Income $30,348 (Annual)

Additional Details

Nearest MSA: Lebanon
County: Sullivan
Tax ID/APN: 104-00004-00
Zoning: VRVILL
Percent Occupied: 100%

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,081 6,453
Median Age: 43.24 45.2
Households: 401 2,593

Contact

Photograph of Listing Agent

Anthony W. Dolan

Dolan Real Estate NECPE Member
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