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Listed by Nick Turmel of Tri-State Realty, LLC
$550,000 PRICE REDUCTION on 11/20/2020. VERY RARE 4-PLEX (Four multi-level Townhouses or 2 Duplexes conjoined). This 4 Unit Multifamily is a CASH COW with 9.6% CAP Rate & $63,600 Annual Gross Rent with $53,000-ish Annual Net Profit. All 4 Townhouses are identical in layout size for each unit: 2 Floors, 1,086 sq ft, 2 Huge Bedrooms, each unit has their own private internal basement with own Washer & Dryer, Stainless Steel Dishwashers, Patios, real Hardwood Floors throughout (besides bathroom). Tenants pay their Separate Utilities. Electric everything. No fuel systems to ever replace. Fully Occupied. BUILT IN 1981 which is rare great aspect of this property, since most NH 4 unit Multifamily's were built 1800 - 1920. 3.7 Acres Huge Yards & lots of parking. Tenants Mow/Rake/Shovel walkways. Waterfront Pond & Mountain Views from parts of property depending on time of year. Apt #'s 1 & 3 were fully Renovated with Dual Thermal Pane Vinyl Windows, Stainless Steel Appliances, Paint, Bathrooms, Fixtures, Water Heaters. Separate doc attached for work done. Listing Agent is the Owner selling. Buyer must show Proof of Cash or Pre-Approval Letter dated within the last 60 days, before scheduling a showing. Will easily pass FHA or Conventional. Potentially great Condexing resale investment for re-sale at $170,000+ per townhouse for $680,000+ total if Town approves & your Buyer wants to in future.

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Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated December 5, 2020.

 

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