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Listed by Michael Whitney • KW Coastal and Lakes & Mountains Realty
$ 774,000
Est. payment | /mo
3,895 SqFt
$ 774,000
Est. payment | /mo
3,895 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,895 sqft
Price per Sqft $198
MLS Listing ID 5027267
Construction Status Existing
Year Built 1900
Lot Size 5,227 Sqft
Acres 0.12
Property Description
These two wel-maintained buildings offer a prime investment opportunity or a way to reduce your mortgage. The first building features an up-and -down duplex, with spacious 3-bedroom units on each floor. The lower unit has been recently renovated with a full bathroom, new carpets, hardwood floors, and a modern kitchen with new stainless steel appliances. The upper unit also offers 3 bedrooms, wood kitchen cabinets, and hardwood floors, plus a second-floor balcony for enjoying warm summer days. The second building includes a one-bedroom lower unit with sleek gray kitchen cabinets, stainless steel appliances, and luxury vinyl flooring. The upper unit spans two levels with 3+ bedrooms and spacious living areas. Both buildings boast a young roof, fresh siding and separate utilities, with a new propane gas boiler and ample parking. Located within walking distance to downtown, and with easy access to the seacoast, lakes, mountains, and major highways, this property offers excellent rental potential or a way to offset your mortgage. With a potential cap rate of 10.93%, it's a rare opportunity that won't last long!
Location
State NH
County Nh-strafford
Area Nh-Strafford
Zoning UR URB
Rooms
Basement Entrance Interior
Basement Interior Access
Interior
Cooling Other
Exterior
Utilities Available Cable
Roof Type Shingle - Asphalt
Building
Story 2.5
Foundation Wood
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
Schools
School District Farmington Sch Dist Sau #61
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