Concord, NH 03303,9-13 Summer ST
Listed by Kyle J Arruda • Christy Goodhue Real Estate, LLC
Bought with Tami J Mousseau • BHHS Verani Concord

$650,000

$675,000

3.7%
Est.Price: ?

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Est. payment /mo

9 Beds

8 Baths

7,366 SqFt


SOLD DATE : 04/10/2019

Key Details

Sold Price $650,000

Property Type Multi-Family

Sub Type Apartment Building

Listing Status Sold

Purchase Type For Sale

Square Footage 7,366 sqft

Price per Sqft $88

MLS Listing ID 4725101

Sold Date 04/10/19

Style Apartment Building

Bedrooms 9

Full Baths 8

Construction Status Existing

Year Built 1900

Annual Tax Amount $16,030

Tax Year 2018

Lot Size 0.360 Acres

Acres 0.36

Property Sub-Type Apartment Building

Property Description

**10.75% cap rate with room to grow!** 1br units and 1 2br unit in this highly profitable apartment building in the heart of Penacook! Large corner lot with plenty of on-site parking and street parking. Newer major systems include natural gas steam boiler, rubber roof, and HW tank- keeping your operating expenses low. All units are rented to good long-term tenants who are now on a month-to-month basis. Basement features locked storage for tenants and coin-op washer & dryer. This property is ready to make you money!

Location

State NH

County Nh-merrimack

Area Nh-Merrimack

Zoning RD

Rooms

Basement Entrance Walk-up

Basement Concrete, Concrete Floor, Dirt Floor, Full, Stairs - Interior, Storage - Assigned, Storage - Locked, Storage Space, Unfinished

Interior

Heating Gas - Natural

Cooling None

Flooring Combination, Hardwood, Wood

Exterior

Exterior Feature Clapboard, Wood, Wood Siding

Garage Description Driveway, Off Street, On-Site, On Street, Unpaved

Roof Type Membrane

Building

Lot Description City Lot, Curbing, Open, Slight

Story 3

Foundation Concrete, Poured Concrete, Stone

Sewer Public

Water Public

Construction Status Existing

Schools

Elementary Schools Penacook Elementary

Middle Schools Merrimack Valley Middle School

High Schools Merrimack Valley High School

School District Merrimack Valley Sau #46

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Guillermo A Molina Jr

Guillermo A Molina Jr

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190 State Street Unit 5, Newburyport, MA, 01950, United States

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