NOT LISTED FOR SALE
9 Beds
5 Baths
4,200 Sq Ft
4,138 Sq Ft Lot

Last Sold August 10, 2020

Last sale price $450,000 $107 Per Sq Ft

5 Days on Market

Highlights

  • Wood Flooring
  • Double Pane Windows
  • Forced Air Heating System
  • Screened Porch
  • Outdoor Storage
  • 2-minute walk to Tolles Street Playground

About This Home

As of August 2020

This property is a GEM! Lovingly maintained by current owner for 28 years. All 5 apartments are in excellent condition currently fully occupied by long term tenants (good ones). Rents are 20% below market - when adjusted would provide a gross income of over $58,000/year. Building has solid foundation, dry basement with storage for each unit, vinyl siding & windows, spacious apartments-high ceilings, nice kitchens and bathrooms, all separate utilities, 4 of the units are heated by gas space heaters and stoves, larger 1st floor apartment has a newer FHA furnace. Attention investors: Rare Opportunity to own a turn-key investment, an easy property to manage and maintain! This will be a great addition to your portfolio.

Last Listed By

Larry Kittle

Keller Williams Gateway Realty License #008896 Listed on: 07/04/2020

Keller Williams Gateway Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,150

Year Built

  • Built in 1900

Lot Details

  • 4,138 Sq Ft Lot
  • Level Lot

Home Design

  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Double Pane Windows
  • Window Screens
  • Screened Porch
  • Stove

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Basement Storage

Parking

  • 6 Car Parking Spaces
  • Paved Parking

Outdoor Features

  • Outdoor Storage

Schools

  • Mt. Pleasant Elementary School
  • Pennichuck Junior High School
  • Nashua High School North

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Controls for Heating
  • Underground Utilities
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Block 00218

Community Details

Overview

  • 5 Units

Building Details

  • 5 Separate Gas Meters
  • Gross Income $48,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,150

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Multi-Family
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 107.14
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5700
  • Sq Ft - Apx Total Finished: 4200
  • Year Built: 1900
  • Remarks Public: This property is a GEM! Lovingly maintained by current owner for 28 years. All 5 apartments are in excellent condition currently fully occupied by long term tenants (good ones). Rents are 20% below market - when adjusted would provide a gross income of over $58,000/year. Building has solid foundation, dry basement with storage for each unit, vinyl siding & windows, spacious apartments-high ceilings, nice kitchens and bathrooms, all separate utilities, 4 of the units are heated by gas space heaters and stoves, larger 1st floor apartment has a newer FHA furnace. Attention investors: Rare Opportunity to own a turn-key investment, an easy property to manage and maintain! This will be a great addition to your portfolio.
  • List Agent: 4071
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete Floor, Stairs - Exterior, Stairs - Interior, Storage - Assigned, Storage Space, Unfinished
  • Sq Ft - Apx Finished AG: 4200
  • Sq Ft - Apx Unfinished BG: 1500

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Block, Granite
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Easements: Unknown
  • Features Exterior: Porch, Porch - Covered, Porch - Screened, Storage, Window Screens, Windows - Double Pane

Garage/Parking

  • Parking: Parking Spaces 6+

Utilities

  • Cable Company: Comcast
  • Electric: 100 Amp, Circuit Breaker(s)
  • Fuel Company: Liberty
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Forced Air, Gas Heater, Gas Heater - Vented, Hot Air, Individual, Space Heater, Stove - 3, Stove - Gas
  • Electric Company: Eversource
  • Separate Utilities: Yes
  • Total Electric Meters: 6
  • Total Gas Meters: 5
  • Total Heat Units: 5
  • Total Ranges: 5
  • Total Refrigerators: 5
  • Total Water Heaters: 5
  • Trash: Curbside, Municipal
  • Utilities: Cable - Available, Gas - Underground

Schools

  • School District: Nashua School District
  • Elementary School: Mt. Pleasant Elementary School
  • Middle School: Pennichuck Junior High School
  • High School: Nashua High School North
  • Elementary School: Mt. Pleasant Elementary School
  • High School: Nashua High School North

Lot Info

  • Map: 0042
  • Lot: 000
  • Lot Sq Ft: 4138
  • Lot Acres: 0.095
  • Lot Description: City Lot, Level, Sidewalks
  • Surveyed: Yes
  • Zoning: RC
  • Deed Book: 6634
  • Deed Page: 228
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 48960
  • Total Units: 5
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 7150
  • Tax Year: 2019

MLS Schools

  • School District: Nashua School District
  • School Middle Jr: Pennichuck Junior High 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
08/10/2020 08/10/20 Sold $450,000 0.0% $107 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
07/04/2020 07/04/20 For Sale $449,900 -- $107 / 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: 4814744

PrimeMLS