Bought with Tejinder Bhogal • BHHS Verani Nashua
$1,600,000
$1,675,900
4.5%For more information regarding the value of a property, please contact us for a free consultation.
15 Beds
8 Baths
7,563 SqFt
SOLD DATE : 08/15/2025
Key Details
Sold Price $1,600,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,563 sqft
Price per Sqft $211
MLS Listing ID 5043156
Sold Date 08/15/25
Bedrooms 15
Full Baths 8
Construction Status Existing
Year Built 1910
Annual Tax Amount $14,841
Tax Year 2024
Lot Size 10,018 Sqft
Acres 0.23
Property Description
This well-maintained 8-unit property is comprised of: two 3-bedroom, three 2-bedroom, and three 1-bedroom apartments. All units are separately metered, with tenants responsible for their own utilities. The property includes 10 off-street parking spaces and a laundry room with coin-operated washer and dryer. Significant upgrades include a lead abatement, with DHHS Lead Safe Certificates for each unit, and a new main water line installed in 2024. The large basement houses three boilers and nine hot water heaters. Heating is provided via a combination of natural gas and electric systems: six units are natural gas (three boilers, three Rinnai heaters), while two units are heated by electric mini-splits. Six units are in active leases and two are month-to-month. The property generates an annual NOI of approximately $132,000.
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning RES
Rooms
Basement Entrance Walk-up
Basement Bulkhead, Concrete, Concrete Floor, Full, Unfinished, Exterior Access
Interior
Cooling None, Mini Split
Exterior
Utilities Available Cable, Gas On-Site
Roof Type Other,Shingle,Slate
Building
Story 3
Sewer Public
Architectural Style Apartment Building, Multi-Family
Construction Status Existing
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Broker | License ID: 068128
steven@whitehillestatesandhomes.com
48 Maple Manor Rd, Center Conway , New Hampshire, 03813, USA