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Listed by Nick Turmel of Tri-State Realty, LLC
7/12/2021 brand-new listing: 3-Unit Multifamily at 12 Marshall St. Milford, NH 03055 for $475,000. $63,600+ Gross Rent/Net Profit Income of $47,385 after all expenses of taxes, insurance, utility, trash, public water & sewer. CASH COW VERY RARE HIGH CAP RATE OF 10%, CAN BE EVEN HIGHER. This 3,753 sq ft Large 3-Unit Multifamily has a very rare desirable location of being in a single-family house neighborhood, & on a big 0.70 Acre Lot, with lots of parking, big yard, enormous porch/decks for all, 2 car attached garage, & a separate 2+ Vehicle pop-up tent on a concrete slab with electricity. Rent the 4 garage spaces for $6,000 extra Annually. Vinyl Siding, Dual-Thermal-Pane Windows. Washer/Dryer Hook-ups in each apt. 4 Year New Boiler & Hot Water Tank. Apt 1 is the entire 1st floor 1,435 sq ft, 4+ Bedrooms. Apt 2 is a 2 Bedroom with new paint & vinyl floating plank floors. Apt # 3 is a 2+ Bedroom 2-floor Townhouse 2nd & 3rd floor with new vinyl-floating plank floors. Proof of Cash or Pre-Approval Letter required to show. Showings are for the entire building (all 3 apartments, garage, basement, etc). Apt #'s 1 & 3 are tenant occupied. Apt # 2 is vacant. Lots of tenants want vacant 2 Bedroom + H & HW for $1,600. We are keeping it vacant for Buyers that need to owner-occupy a unit. If chosen offer is investor, we can fill vacant unit # 2 if you want. This Multi will easily pass an FHA/VA appraisal. Professional Pictures are scheduled in 2 weeks. MLS Subject to updated changes.

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Copyright 2021 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 August 3, 2021.

 

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