Bought with Mark Warden • Porcupine Real Estate
$540,000
$599,900
10.0%For more information regarding the value of a property, please contact us for a free consultation.
16 Beds
11 Baths
9,000 SqFt
SOLD DATE : 06/17/2018
Key Details
Sold Price $540,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,000 sqft
Price per Sqft $60
MLS Listing ID 4643569
Sold Date 06/17/18
Style Multi-Family
Bedrooms 16
Full Baths 11
Construction Status Existing
Year Built 1986
Annual Tax Amount $18,426
Tax Year 2016
Property Sub-Type Multi-Family
Property Description
8 unit masonry building conveniently located close to route 93, downtown Concord and Tilton. All 8 units already condo-ized with separate deeds, all 2 bedroom units with separate electric meters, 3 units have 2 full baths. Membrane roof approx. 10 yrs old, building has plenty of on-site parking, storage units and Coin Ops. Building sits on the Contoocook River and has great views. Tenants pay all separate util. Building is fully sprinklered!! Income of over $92k and expenses around $47k, leaving net income of around $45k. Great investment!!
Location
State NH
County Nh-merrimack
Area Nh-Merrimack
Zoning residential
Rooms
Basement Entrance Interior
Basement Frost Wall
Interior
Heating Electric
Cooling None
Exterior
Exterior Feature Brick, Wood
Roof Type Membrane
Building
Lot Description Waterfront
Story 2
Foundation Concrete
Sewer Public
Water Public
Construction Status Existing
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