Bought with Michael Allen • Allen Family Real Estate
$950,000
$1,150,000
17.4%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
5 Baths
2,616 SqFt
SOLD DATE : 04/16/2021
Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type Multi-Family,Rooming House
Listing Status Sold
Purchase Type For Sale
Square Footage 2,616 sqft
Price per Sqft $363
MLS Listing ID 4837301
Sold Date 04/16/21
Style Multi-Family,Rooming House
Bedrooms 7
Full Baths 5
Construction Status Existing
Year Built 1935
Annual Tax Amount $19,558
Tax Year 2020
Lot Size 10,890 Sqft
Acres 0.25
Property Description
Welcome to “Stonegate”. This recently remodeled stand alone property with minimal overhead has tremendous rental history and is rented through Spring of 2022. Located on campus at the University of New Hampshire it consists of 7 bedrooms, housing 10 tenants, with 5 full baths.As a tenant, this property is very attractive. First, there is a mix of single and shared bedrooms and 2/1 tenant to bathroom ratio.Second, each tenant has their own, individual, parking space. Third, with just a 5 minute walk to center of campus and 2 minutes to “downtown” the location is ideal and a perfect exchange for cramped dorm living.As an owner, this property is very attractive. First, it has not had vacancy in ages and the it is rented through Spring of 2022. Second, the tenants pay all utilities. Third, property was remodeled in 2016 with upgrades to the kitchen and baths. Lastly, there is only 1 roof and 1 set of mechanicals to maintain with no deferred maintenance.
Location
State NH
County Nh-strafford
Area Nh-Strafford
Zoning CH
Rooms
Basement Entrance Interior
Basement Unfinished
Interior
Heating Oil
Cooling None
Flooring Hardwood, Laminate, Slate/Stone
Exterior
Exterior Feature Brick
Utilities Available Cable - Available
Waterfront No
Waterfront Description No
View Y/N No
Water Access Desc No
View No
Roof Type Tar and Gravel
Building
Lot Description Other
Story 2
Foundation Poured Concrete
Sewer Public
Water Public
Construction Status Existing
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