NOT LISTED FOR SALE

10 Altemont St Peterborough, NH 03458

12 Beds
4 Baths
1,882 Sq Ft
0.38 Acres

Last Sold August 31, 2018

Last sale price $275,000 $146 Per Sq Ft

89 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Forced Air Heating System
  • Hilly Lot
  • Hiking Trails
  • Open Lot

About This Home

As of August 2018

Investors take note! This pair of duplex homes, comprising four 3BR 1 bath units with ample off street parking and town water and sewer is a rare find indeed. Set high above West Peterborough village, within easy walking distance of the Green Grocer Market and Cafe, Art Galleries, Post Office and the beautiful MacDowell Dam reservoir and beach is this fully occupied residential rental property with a strong occupancy history and potential for renovation and additional improvements which could significantly increase its desirability for future use. Many recent upgrades include updated wiring (2010) hard wired smoke and co Detectors, exterior paint in 2014, and several interior improvements. Don't delay...Peterborough's rental market is strong and good cash flow properties are scarce! Contact Andy Peterson exclusive listing agent for The Petersons, Inc. at (603) 924-3321 ext. 12 to arrange a time to explore the possibilities for yourself.

Last Agent to Sell the Property

Andy Peterson

Four Seasons Sotheby's International Realty License #009851 Listed on: 04/27/2018

Four Seasons Sotheby's International Realty

Last Buyer's Agent

Susan Robinson

Coldwell Banker Realty Nashua License #050688

Coldwell Banker Realty Nashua

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,638

Year Built

  • Built in 1938

Lot Details

  • 0.38 Acre Lot
  • Open Lot
  • Steep Slope
  • Hilly Lot

Home Design

  • Cape Cod Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 4 Full Bathrooms
  • 1.75-Story Property
  • Wood Flooring

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 1,120 Car Parking Spaces
  • Gravel Driveway
  • Shared Driveway
  • Dirt Driveway
  • On-Site Parking
  • Off-Street Parking

Schools

  • Peterborough Elementary School
  • South Meadow Middle School
  • Contoocook Valley Regional Hig High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Tenants own their own appliances
  • Tax Block 20

Community Details

Overview

  • 4 Units

Recreation

  • Hiking Trails
  • Trails

Building Details

  • Operating Expense $14,200
  • Gross Income $43,200
  • Net Operating Income $29,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,638

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Cape
  • Directions: take Union St from Village Center to West Peterborough village, property at top of hill on right
  • Assessment Amount: 211000
  • Assessment Year: 2017
  • Construction: Existing
  • Items Excluded: Tenants own their own appliances
  • Total Stories: 1.75
  • Price Per Sq Ft: 146.12
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3090
  • Sq Ft - Apx Total Finished: 1882
  • Year Built: 1938
  • Remarks Public: Investors take note! This pair of duplex homes, comprising four 3BR 1 bath units with ample off street parking and town water and sewer is a rare find indeed. Set high above West Peterborough village, within easy walking distance of the Green Grocer Market and Cafe, Art Galleries, Post Office and the beautiful MacDowell Dam reservoir and beach is this fully occupied residential rental property with a strong occupancy history and potential for renovation and additional improvements which could significantly increase its desirability for future use. Many recent upgrades include updated wiring (2010) hard wired smoke and co Detectors, exterior paint in 2014, and several interior improvements. Don't delay...Peterborough's rental market is strong and good cash flow properties are scarce!
  • List Agent: 1147
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Total Rooms Above Ground: 20
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full
  • Sq Ft - Apx Finished AG: 1882
  • Sq Ft - Apx Unfinished AG: 32
  • Sq Ft - Apx Unfinished BG: 1176

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Dirt, Gravel
  • Exterior: Clapboard
  • Foundation: Granite
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Parking: Driveway, Off Street, On-Site, Parking Spaces 11 - 20

Utilities

  • Cable Company: Comcast
  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Forced Air, Hot Air
  • Total Electric Meters: 4
  • Total Heat Units: 4
  • Total Water Heaters: 4

Schools

  • School District: Contoocook Valley SD SAU #1
  • Elementary School: Peterborough Elem School
  • Middle School: South Meadow School
  • High School: Contoocook Valley Regional Hig
  • Elementary School: Peterborough Elem School
  • High School: Contoocook Valley Regional Hig

Lot Info

  • Map: U-30
  • Lot: 000
  • Lot Sq Ft: 16553
  • Lot Acres: 0.38
  • Lot Description: City Lot, Hilly, Neighbor Business, Open, Rolling, Sloping, Steep, Trail/Near Trail, Walking Trails
  • Surveyed: Yes
  • Zoning: GR
  • Deed Book: 8241
  • Deed Page: 2647
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 43200
  • Net Income: 29000
  • Sale Includes: Land/Building
  • Total Full Baths: 4
  • Total Units: 4
  • Total3 Plus Bedroom Units: 4

Tax Info

  • Tax Gross Amount: 6638
  • Tax Year: 2017

MLS Schools

  • School District: Contoocook Valley SD SAU #1
  • School Middle Jr: South Meadow School

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $275,000 -13.9% $146 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
07/05/2018 07/05/18 For Sale $319,500 0.0% $170 / Sq Ft
06/09/2018 06/09/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $319,500 0.0% $170 / Sq Ft
04/29/2018 04/29/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $319,500 -- $170 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4688891

PrimeMLS