Bought with Nikolas Amicone • Coco, Early & Associates Windham Division
$5,150,000
$5,500,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
14,700 SqFt
SOLD DATE : 07/10/2020
Key Details
Sold Price $5,150,000
Property Type Commercial
Sub Type Investment
Listing Status Sold
Purchase Type For Sale
Square Footage 14,700 sqft
Price per Sqft $350
MLS Listing ID 4802373
Sold Date 07/10/20
Year Built 1920
Annual Tax Amount $85,952
Tax Year 2020
Property Description
Welcome to Nick’s Bricks. This 5-bldg property consisting of 21 units & 56 bedrooms sits just at the bottom of Main St at The University of New Hampshire Campus. Each tenant has their own good-sized bedroom-no sharing required. Each tenant has their own parking space. The 5 min walk to the center of campus and 2 min to “downtown” - this location is ideal and a perfect exchange for cramped dorm living. There have been no vacancies at the property for 25 yrs. As a property owner, this property is equally attractive. All 5 bldgs, and the grounds, have limited maintenance required. The bldgs have either brick, vinyl or hardi plank siding & 2 bldgs have new roofs. The grounds are primarily pavement with little landscaping requirements. The units are spacious, however not massive to invite large gatherings and are designed for regular turnover. No deferred maintenance. New heating system in the main bldg. The rents are under market & ready to be increased.
Location
State NH
County Nh-strafford
Area Nh-Strafford
Zoning Commercial
Exterior
Exterior Feature Brick
Garage Off Street, Parking Spaces 21+, Paved, Reserved
Garage Description Off Street, Parking Spaces 21+, Paved, Reserved
Utilities Available Gas - LP/Bottle
Waterfront No
Waterfront Description No
View Y/N No
Water Access Desc No
View No
Building
Lot Description Leased, Level, Rental Complex, Sidewalks
Sewer Public
Water Public
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