143-147 Main Street

Multi-Family for Sale
Catylist Listing ID: 30855191
Property Subtypes: Mixed Use
Number of Units: 10 Units
Building Size (RSF): 10,074 SF
Gross Land Area: 27,443 SF
Sale Price: $2,150,000
Unit Price: $215,000 Per Unit
Property Use Type: Investment
Sale Terms: Other
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 9/7/2023

Overview / Comments

This well-maintained, mixed-use property in the heart of Meredith features eight apartments, Commercial/Office space and a garage - all in a prime downtown location. One building houses the Commercial/Office space, garage, an accessible apartment on the first floor and two 3-bedroom apartments on the second floor. The other building houses one 1- bedroom apartment and four 2-bedroom apartments, all connected to public water and sewer services. Tenant responsible for all utilities.
Conveniently located in the heart of Meredith, tenants will find easy access to all that Meredith and the Lakes Region have to offer including shopping, trails, lakes, hiking and skiing.
This is a portfolio property combined with the address of 19 Main St located in Woodstock, NH (MLS# 380314). The properties must convey together and are contingent upon a 1031 exchange sale. NDA must be completed and returned to view additional financials for this portfolio.
Showings will be by appointment only and based on resident availability and privacy, not all units may be available for viewing.

Additional Details

Nearest MSA: Laconia
County: Belknap
Tax ID/APN: U06-5
Zoning: RESIDENTIAL
Percent Occupied: 100%
Total Number of Buildings: 2
Property Condition: Good
Number of Stories: 2
Year Built: 1882
Year Renovated: 2021
Construction/Siding: Wood Frame
Parking Type: Surface
Parking Description: Adjacent to buldings
Heat Type: Other
Heat Source: Other
Fuel: Gas, Propane
Internet Access: Cable
Lot Frontage: 216

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,820 4,383 9,495
Median Age: 46.92 46.83 48.87
Households: 1,280 1,915 4,204

Contact

Photograph of Listing Agent

Lobin Frizzell

KW Commercial NECPE Member
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