Bought with Breandan Garland • REAL Broker NH, LLC
$1,239,640
$1,333,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
9,846 SqFt
SOLD DATE : 09/30/2024
Key Details
Sold Price $1,239,640
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,846 sqft
Price per Sqft $125
MLS Listing ID 4996966
Sold Date 09/30/24
Construction Status Existing
Year Built 1873
Annual Tax Amount $16,241
Tax Year 2023
Lot Size 0.340 Acres
Acres 0.34
Property Description
This unique mixed-use property is comprised of 8 units, with 7 residential multifamily apartments and one retail/commercial unit occupied by a successful Mexican restaurant. The restaurant has a long-term lease in place with options to extend. Tastefully renovated, the property is situated on arguably the best corner in downtown Greenfield. The landlord owns the restaurant equipment, which is included in the sale. The property features a full coin-operated laundry room for tenants, plenty of parking, additional storage space, and signage in front. It is a corner location with exceptional visibility from the lighted intersection. After a complete overhaul in 2011, the units have been well-maintained. The recent improvements include a new heating system, paint, electrical, and plumbing upgrades, as well as new plumbing fixtures. Additionally, there is a fourplex next door at 771 Forest Rd (MLS#4994335) that could be purchased together with this property, making it an excellent opportunity for a 1031 exchange. Owner is a licensed realtor.
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning BD
Rooms
Basement Entrance Walkout
Basement Partial, Partially Finished, Storage - Assigned, Walkout, Exterior Access
Interior
Heating Gas - Natural
Cooling Central AC
Flooring Carpet, Softwood
Exterior
Garage Description On-Site, Paved
Utilities Available Gas - LP/Bottle
Roof Type Shingle - Asphalt
Building
Story 3
Foundation Fieldstone, Stone
Sewer Public, Septic Shared
Construction Status Existing
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