Bought with A non PrimeMLS member • A Non PrimeMLS Agency
$1,900,000
$2,135,000
11.0%For more information regarding the value of a property, please contact us for a free consultation.
11,544 SqFt
SOLD DATE : 01/30/2025
Key Details
Sold Price $1,900,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 11,544 sqft
Price per Sqft $164
MLS Listing ID 5017417
Sold Date 01/30/25
Construction Status Existing
Year Built 1900
Annual Tax Amount $18,400
Tax Year 2023
Lot Size 9,583 Sqft
Acres 0.22
Property Description
Exceptional investment opportunity! This fully leased 11-unit multi-family property features separate utilities and off-street parking for 10 vehicles. Situated on a corner lot, it's conveniently located near McDonough School, Bridge Street, Derryfield Park, restaurants, and retail shops. Each unit includes two bedrooms and one bathroom, averaging 900 plus square feet. All units are quite similar, showcasing hardwood floors, updated bathrooms, and windows. The roof was renovated four years ago, and security cameras are installed on the property. Please note, there is no laundry facility within the building. An additional value-add is the possibility of a 12th unit, which is currently unused due to a fire that occurred years ago. Additionally, off-street parking is currently offered at no charge. This property allows for an easy commute to Route 93 and would make a perfect 1031 exchange.
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning R-2
Rooms
Basement Entrance Interior
Basement Concrete Floor, Full, Interior Access
Interior
Cooling None
Flooring Carpet, Hardwood, Vinyl
Exterior
Utilities Available Gas - Underground
Roof Type Shingle - Asphalt
Building
Story 3
Foundation Block
Sewer Public
Architectural Style Multi-Family, Multi-Level
Construction Status Existing
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Broker | License ID: 068128
steven@whitehillestatesandhomes.com
48 Maple Manor Rd, Center Conway , New Hampshire, 03813, USA