Allenstown, NH 03275,46-48 Turnpike ST
Listed by Gerry OConnell • KW Coastal and Lakes & Mountains Realty/Dover
Bought with Travis Warner • Bean Group / Bedford

$925,000

$925,000

Est.Price: ?

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Est. payment /mo

0.66 Acres Lot


SOLD DATE : 05/11/2018

Key Details

Sold Price $925,000

Property Type Commercial

Sub Type Investment,Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 4690390

Sold Date 05/11/18

Year Built 1977

Annual Tax Amount $24,574

Tax Year 2017

Lot Size 0.660 Acres

Acres 0.66

Property Description

46 and 48 Turnpike Street offers 16 one bedroom units in total. The property is set on 0.66 acres abutting the Suncook River. Turnpike Street is an excellent commuting location right at Rte 3. Very easy access for Rte 3 or Rte 93 to Concord, Manchester, Hooksett, and Rte 101 for the Seacoast. 46 Turnpike comprises of 8 units with 4 units on each floor. This building also houses a coin operated laundry for additional income. 48 Turnpike St. comprises of 8 Townhouse style units all with separate entrances. The full basement of 48 Turnpike is very large and provides great storage, with a possibility of additional income if seeking to rent out the space. Alternatively, this would be great for a buyer who wishes to have a workshop and storage. Lots of power in both buildings, with separate meters for units. This property is an excellent investment, priced at a 9 CAP and with under market rents there's a good upside too.

Location

State NH

County Nh-merrimack

Area Nh-Merrimack

Zoning R1 - R

Rooms

Basement Entrance Walkout

Basement Concrete Floor, Roughed In, Unfinished

Exterior

Exterior Feature Block, Vinyl Siding

Building

Sewer Public

Water Public

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