23-27 Union Street

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30761168
Property Subtypes: Low-Rise/Garden
Status: Pending
Number of Units: 14 Units
Building Size (RSF): 12,328 SF
Gross Building Area: See Agent
Sale Price: $1,497,000
Unit Price: $106,928.57 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/16/2021

Overview / Comments

Here is the addition to your portfolio you've been waiting for! Three side-by-side buildings near downtown Concord totaling fourteen units. The properties consist of two five units and a four unit, being sold as a package. Features include adequate off-street parking that was just paved, plenty of on-street parking,entire new roof replaced on one of the buildings and a partial roof replacement on another, weatherization recently completed in all three buildings, new electrical panel in one building, easy access to basements for storage and utilities, many renovated units, hardwood flooring, and several updated on-demand wall-mount heating systems.A few more easy upgrades over the next several years will allow the next investor to maximize their return on investment while continuing to benefit from Concord's growing rental market.

Additional Details

Nearest MSA: Concord
County: Merrimack
Tax ID/APN: 9108
Zoning: RD
Total Number of Buildings: 3
Year Built: 1900
Year Renovated: 2017
Heat Type: Hot Water
Heat Source: Other
Fuel: Gas
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,187 29,338 51,520
Median Age: 34.25 39.33 39.77
Households: 3,353 12,184 20,982


Photograph of Listing Agent

Matthew Lefebvre

Downtown Realty NECPE Member
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