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Concord NH Multi Family for sale $List Price is $519,900

List Price is $519,900
Concord NH Multi Family for sale | 7 Lisa
Number of Units 2 | 0 Rooms.

Price per Sq. Foot 182.29| date listed November 30th 2017 Concord School District SAU #8

Looking for new construction and an in-law? here it is! value added opportunity for a rare find! in-law offers one level living space, one bedroom, kitchen, living area and full bath. designed for complete privacy from the main 4 bedroom house. if you're searching for the in-law option, this is the one to consider - all new and ready for you to make the final decisions. offered with public water/sewer and natural gas. main house nearly complete and ready for you to select kitchen design, flooring and vanities. in-law to be constructed with signed purchase and sales. located on cul-de-sac close to highway, schools and amenities. offered as single family residence option. refer to mls 4668813
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Under Agreement Concord NH Multi Family for sale $List Price is $689,000

List Price is $689,000
Concord NH Multi Family for sale | 110 N State
Number of Units 8 | 0 Rooms.

Price per Sq. Foot 143.48| date listed June 22nd 2018 Concord School District SAU #8

Remarkable opportunity to own this fully occupied 8 unit, income producing property in the capital city, with great rental history. newly paved parking lot allows tenants to not have to worry about where to park. there are six one bedroom units, and two spacious studio apartments. five of the 8 units have been completely renovated and electric has been separated in all but two of the units. leases in place for the five which have been newly renovated, the other three units are mtm. newly re-built front porch, and all updated common areas with refinished floors, new exterior doors, and freshly painted which only adds to the value and strong rental demand of this building. the gas fired boiler is well maintained and helps to keep the heating costs down. a coin-op laundry and laundry room were recently installed. let's get to the bottom line: the current gross income is $85,764., with total annual expenses (including taxes) being $23,440., leaving you with an actual net income of $62,323 annually, with a strong cap rate over 9%. the on-site manager takes care of landscaping, snow blowing and day-to-day maintenance. potential to increase revenue by creating storage units, and renovating the last three units. opportunities such as this don't appear every day. this is your chance to add a well-maintained, income producing building to your portfolio. listing agent is related to seller.
click for details and 12 images.