Bought with Greg Leavitt • BHHS Verani Concord
$1,500,000
$1,500,000
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15 Beds
8 Baths
6,800 SqFt
SOLD DATE : 12/17/2021
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type Garden
Listing Status Sold
Purchase Type For Sale
Square Footage 6,800 sqft
Price per Sqft $220
MLS Listing ID 4886413
Sold Date 12/17/21
Style Garden
Bedrooms 15
Full Baths 8
Construction Status Existing
Year Built 1969
Annual Tax Amount $11,808
Tax Year 2021
Lot Size 4.000 Acres
Acres 4.0
Property Description
"FLINTLOCK APARTMENTS" A SUPERB 12-UNIT Residential Garden-Style Complex consisting of Eight 2-Bdrm, Three 1-Bdrm and One Large 3 Bedroom unit conveniently located just a stones throw from Concord ( NH State Capital). TWO MODERN 6-Unit buildings constructed in 1969 & 1973 perfectly set on 4 Acres and surrounded by a pond and over 40 acres of Conservation land. Recent Capital Improvements include new vinyl windows & vinyl siding, , 4 year old asphalt roofs, plank laminate flooring, Plenty of paved parking + 12-bay carport/storage., Coin-Op laundry. Residents PAY ALL SEPARATE UTILITIES. Very well maintained by fussy property owner. Current Gross $134,700.00 with $27,500 Operating Expenses ( includes taxes). NET $ 107,200.00 Market rents easily support increases to $ 150,000.00 + Gross. With ONLY 2 OWNERS SINCE BUILT THIS REPRESENTS A TRULY UNIQUE OPPORTUNITY TO ACQUIRE 12-UNITS BELOW REPLACEMENT COST. 24 Hour Notice A MUST !!! Agents: Please see showing instructions
Location
State NH
County Nh-merrimack
Area Nh-Merrimack
Zoning com/ind
Rooms
Basement Slab
Interior
Heating Electric
Cooling None
Flooring Carpet, Laminate, Vinyl
Exterior
Exterior Feature Vinyl Siding
Garage Description Driveway, On-Site, Parking Spaces 11 - 20, Paved
Utilities Available Cable - At Site, Gas - LP/Bottle, Internet - Cable, Multi Phone Lines, Telephone At Site
Roof Type Shingle - Asphalt
Building
Lot Description Conserved Land, Country Setting, Level, Pond Frontage, Wooded
Story 2.5
Foundation Concrete
Sewer 1500+ Gallon, Leach Field, Leach Field - On-Site, On-Site Septic Exists
Water Drilled Well, Private
Construction Status Existing
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