Bought with Jessica A Stevenson • Downtown Realty
$850,000
$899,000
5.5%For more information regarding the value of a property, please contact us for a free consultation.
8,000 SqFt
SOLD DATE : 02/10/2023
Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $106
MLS Listing ID 4938494
Sold Date 02/10/23
Style Multi-Family
Construction Status Existing
Year Built 1950
Annual Tax Amount $11,917
Tax Year 2021
Lot Size 8.050 Acres
Acres 8.05
Property Description
Property is a 12-unit "compound" style, consisting of 6 standalone cottages, two duplexes, and two single-family homes all on one lot. In total, there is approximately 8,000+/- finished square feet of living space across all ten buildings. Heat and electricity are separate, with each unit being serviced by newer 100amp panels. Just last year a brand new septic tank and leach field were installed. The on-site well has recently been serviced and features a newer pump. Other capital improvements include several newly renovated units that are ready to be rented at full market value. The paved driveway on-site could benefit from some improvements, however there is plenty of parking. All of these buildings sit on 8 acres of land, about 2 acres of which is currently cleared. Located just 30 minutes from either Concord NH or Peterborough NH, residents here have the employment opportunities of Concord with the recreational opportunities of the beautiful Monadnock region – a fantastic opportunity for both short and medium-term rentals! 48-hour minimum notice to show required as most units are occupied. Profit and Loss statement available upon request. Please do not disturb tenants.
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning HIGHWA
Interior
Heating Gas - LP/Bottle
Cooling None
Flooring Carpet, Vinyl Plank
Exterior
Exterior Feature Clapboard
Garage Description Parking Spaces 11 - 20
Utilities Available High Speed Intrnt -Avail
Waterfront No
Waterfront Description No
View Y/N No
Water Access Desc No
View No
Roof Type Shingle - Asphalt
Building
Lot Description Country Setting
Story 1
Foundation Fieldstone
Sewer Private
Water Private
Construction Status Existing
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