S
Seller's Agent in 2022
Shawn Bailey
BHHS Verani Belmont
(603) 785-7392
2 in this area
21 Total Sales
11 Edgewood Dr Unit 242/002 Belmont, NH 03220
14
Beds
7
Baths
5,880
Sq Ft
3.69
Acres
Highlights
- 3.69 Acre Lot
- 9 Car Detached Garage
- Vinyl Plank Flooring
- Countryside Views
- Landscaped
- Forced Air Heating System
About This Home
As of May 2022New to the market is this 7 unit turn key property on over 3 1/2 acres. Pride of ownership is evident. 7 identical units that include 2 large bedrooms, 1 full bath with laundry hookups, eat in kitchen and a large living room. All units have separate utilities. All 7 furnaces are equipped to accept air conditioning. The buildings are low maintenance with vinyl siding, architectural roof shingles, covered front entries and full view storm doors. All units have an attached storage space. The grounds are nicely landscaped with large lush green lawns, shrubs and perennials. There are 17 parking spots, plenty of overflow parking, and 9 garages!! 1 for each tenant and 2 for the owner/landlord. A country setting yet close to major routes, services and shopping. Any savvy investor would be proud to add this fine property to their portfolio. Current numbers do show a nice profit. Increasing the income to fair market value should offer a strong return. Showings begin at the Open House, Saturday May 7th from 11 am - 2pm.
Last Agent to Sell the Property
BHHS Verani Belmont License #060828 Listed on: 05/04/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,730
Year Built
- Built in 2006
Lot Details
- 3.69 Acre Lot
- Landscaped
- Level Lot
- Open Lot
Parking
- 9 Car Detached Garage
- Shared Driveway
- Visitor Parking
- Assigned Parking
Home Design
- Concrete Foundation
- Slab Foundation
- Wood Frame Construction
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 7 Full Bathrooms
- 5,880 Sq Ft Home
- 1-Story Property
- Countryside Views
Flooring
- Carpet
- Vinyl Plank
- Vinyl
Utilities
- Forced Air Heating System
- Floor Furnace
- Heating System Uses Gas
- Separate Meters
- 100 Amp Service
- Propane
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 002
Community Details
Overview
- 7 Units
Building Details
- 7 Separate Gas Meters
- Operating Expense $31,000
- Gross Income $84,600
- Net Operating Income $53,600
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/23/2022 05/23/22 | Sold | $925,000 | -15.9% | $157 / Sq Ft |
| 05/09/2022 05/09/22 | Pending | -- | -- | -- |
| 05/04/2022 05/04/22 | For Sale | $1,100,000 | -- | $187 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Shawn Bailey
-
Mitch Hamel
Buyer's Agent in 2022
Mitch Hamel
BHHS Verani Belmont
(603) 387-7027
12 in this area
114 Total Sales
Map
Source: PrimeMLS
MLS Number: 4908242
APN: BLMT M:242 B:002 L:000
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