Bought with Susan Perron • Costantino Real Estate LLC
$277,500
$280,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
3 Baths
3,398 SqFt
SOLD DATE : 08/13/2024
Key Details
Sold Price $277,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,398 sqft
Price per Sqft $81
MLS Listing ID 4993373
Sold Date 08/13/24
Bedrooms 2
Full Baths 3
Construction Status Existing
Year Built 1850
Annual Tax Amount $6,496
Tax Year 2023
Lot Size 9,147 Sqft
Acres 0.21
Property Description
Great investment opportunity or 1031 Exchange! This Effingham Falls Landmark is a turnkey solution for anyone seeking a lucrative investment. Perfectly situated on a busy travel route with great visibility, you'll appreciate the convenience of being just minutes away from fantastic local amenities, including lakes, mountains, shopping, and dining. The lower level is home to a well-established retail shop, while the second and third floors boast a spacious 2-bedroom apartment and a large studio apartment, respectively. All units are currently occupied on a month-to-month basis, ensuring a steady stream of rental income. The property sits on a level corner lot, providing ample space for a variety of small retail ventures such as a general store, consignment shop, or antique store. With plenty of off-street parking available, your tenants and customers will always have a convenient place to park. This property has undergone recent upgrades (2019-2021), including a new septic system, roof, vinyl siding, several new windows, and parking lot improvements, making it a low-maintenance investment that you won't want to miss! As a mixed-use property, it requires either a CASH buyer, 1031 Exchange or COMMERCIAL/MIXED-USE loan. It will not go FHA, VA or Conventional.
Location
State NH
County Nh-carroll
Area Nh-Carroll
Zoning RA RU
Rooms
Basement Entrance Interior
Basement Dirt, Gravel, Stairs - Interior, Sump Pump, Walkout
Interior
Heating Gas - LP/Bottle
Cooling None
Flooring Hardwood, Laminate, Vinyl
Exterior
Garage Description Off Street, On-Site
Utilities Available Cable - Available, Gas - LP/Bottle, Telephone Available
Roof Type Shingle - Asphalt
Building
Story 3
Foundation Fieldstone, Granite
Sewer Septic
Construction Status Existing
Schools
Elementary Schools Effingham Elementary School
Middle Schools Kingswood Regional Middle
High Schools Kingswood Regional High School
School District Governor Wentworth Regional
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