Listing Office: KW Coastal And Lakes & Mountains Realty
Days On Market: 167
Year Build: 1920
Address: 770 Central Avenue
State: New Hampshire
This mixed-use property represents an unparalleled investment opportunity, combining secure commercial leasing with the consistently growing demand for premium residential units. The long-term absolute net lease with a reputable medical tenant ensures a stable and reliable income stream, while the thriving rental market creates the perfect environment for a lucrative return on investment. First floor consists of 7 condominium units, configured to accommodate a single tenant and has long term lease in place with the Wentworth-Douglass Hospital. The second story comprises 8 well appointed residential units with a mix of 1 to 3 bedrooms and separately metered utilities. Convenient layouts with 2-bedroom units featuring 3rd floor loft bedroom. Stable occupancy through the years provide for upside potential. With its unique blend of commercial and residential spaces, prime location, and impressive growth prospects, this property stands as an exceptional choice for astute investors seeking long-term success.