Bought with Lexi Leddy • Lexi Leddy Real Estate LLC
$925,000
$989,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
5,380 SqFt
SOLD DATE : 08/08/2022
Key Details
Sold Price $925,000
Property Type Multi-Family
Sub Type Apartment Building
Listing Status Sold
Purchase Type For Sale
Square Footage 5,380 sqft
Price per Sqft $171
MLS Listing ID 4918788
Sold Date 08/08/22
Style Apartment Building
Construction Status Existing
Year Built 1950
Annual Tax Amount $10,416
Tax Year 2021
Lot Size 0.520 Acres
Acres 0.52
Property Description
Solid cash flow in this nine (9) unit, brick multifamily on Main Street in Somersworth consisting of 7- 1 BRs and 2-2 BRs. This building has been held as a family investment for over 5 decades and is now available to purchase. The building has a new boiler (2018), updated roof, plenty of parking, coin-op laundry, newly sealed brickwork and common area renovation. Long-term tenants with room to increase rent levels to reflect current market conditions. Units have been updated and upgraded at the time of turnover. Easy to self-manage. Broker Interest.
Location
State NH
County Nh-strafford
Area Nh-Strafford
Zoning B
Interior
Heating Oil
Cooling None
Exterior
Exterior Feature Brick
Garage Description Off Street, On Street
Utilities Available Other
Roof Type Shingle
Building
Lot Description City Lot
Story 2
Foundation Concrete
Sewer Public
Water Public
Construction Status Existing
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