NOT LISTED FOR SALE

Estimated Value: $49,000

6 Beds
4 Baths
4,988 Sq Ft
$10/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $150,000 $30 Per Sq Ft

Current estimated payment $306/month

12 Days on Market

Highlights

  • Mountain View
  • Trails
  • Level Lot
  • Baseboard Heating
  • High Speed Internet
  • Carpet

About This Home

As of June 2022

This is a well maintained 5 unit multifamily building located within walking distance to all in town amenities. Commercial space on the main floor fronts Main St and will be available to generate additional income. There is a portion of the building that has the space to add in a 3 bed 2 bath unit or a 4 bed 1 bath unit as well, spanning two floors. This property has long term tenants that are in good standing. With uncertainty in the economy and stock market, investing into a hard asset such as real estate that can generate consistent cash flow like this property does is a no brainer. Call today to setup a showing and put your money to work for you.

Last Agent to Sell the Property

Nicholas DeMers

EXP Realty License #072827 Listed on: 06/01/2022

EXP Realty

Last Buyer's Agent

Trisha Cross

Point to Point Realty LLC License #070833

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,032

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Level Lot

Parking

  • Off-Site Parking

Home Design

  • Slab Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Rolled or Hot Mop Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 3-Story Property
  • Mountain Views

Flooring

  • Carpet
  • Laminate
  • Vinyl

Basement

  • Connecting Stairway
  • Interior Basement Entry

Schools

  • Groveton Elementary School
  • Groveton High Middle School
  • Groveton High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • 200+ Amp Service
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 70 & 71

Community Details

Overview

  • 5 Units

Recreation

  • Trails

Building Details

  • Operating Expense $15,432
  • Gross Income $37,200
  • Net Operating Income $21,768

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,032

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: From the south entering Groveton, Rt3 becomes Main St. At four way intersection, continue straight on Main St. Building on Left. From the North, Rt 3 becomes State St. At the four way intersection, turn Left onto Main St. Building on Left.
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 30.07
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 6488
  • Sq Ft - Apx Total Finished: 4988
  • Year Built: 1900
  • List Agent: 281686
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Stairs - Interior
  • Sq Ft - Apx Finished AG: 4988
  • Sq Ft - Apx Unfinished AG: 900
  • Sq Ft - Apx Unfinished BG: 600

Exterior Features

  • Construction: Wood Frame
  • Exterior: Vinyl Siding
  • Foundation: Poured Concrete, Slab - Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Rolled
  • Easements: Unknown

Garage/Parking

  • Parking: Off-Site

Utilities

  • Cable Company: Spectrum
  • Electric: 200 Amp
  • Fuel Company: Al's Plumbing & Heating
  • Sewer: Public Sewer On-Site
  • Water: Public Water - On-Site
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Baseboard
  • Electric Company: Eversource
  • Phone Company: Spectrum
  • Separate Utilities: Varies
  • Total Electric Meters: 3
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Trash: Curbside, Recycle
  • Utilities: Cable - At Site, High Speed Intrnt -Atsite, Telephone At Site

Condo/Co-op/Association

  • Restrictions: Pets - None

Schools

  • Elementary School: Groveton Elem School
  • High School: Groveton High School

Lot Info

  • Village/District/Locale: Groveton
  • Map: 104
  • Lot: 70 & 71
  • Lot Sq Ft: 2178
  • Lot Acres: 0.05
  • Lot Description: City Lot, Curbing, Level, Mountain View, Sidewalks, Street Lights, Trail/Near Trail
  • Surveyed: Unknown
  • Zoning: Commercial
  • Deed Book: 1505
  • Deed Page: 575
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 37200
  • Net Income: 21768
  • Total Full Baths: 4
  • Total Units: 5
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 3032
  • Tax Year: 2021

MLS Schools

  • School District: Northumberland
  • School Middle Jr: Groveton High School

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
06/17/2022 06/17/22 Sold $150,000 -14.3% $30 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $175,000 -- $35 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,768 $78,800 $11,500 $67,300
2023 $1,685 $78,800 $11,500 $67,300
2022 $1,818 $55,000 $3,600 $51,400
2021 $1,942 $55,000 $3,600 $51,400
2020 $1,816 $55,000 $3,600 $51,400
2019 $1,784 $55,000 $3,600 $51,400
2018 $1,911 $55,000 $3,600 $51,400
2016 $2,245 $61,000 $8,000 $53,000
2015 $2,116 $61,000 $8,000 $53,000
2013 $2,042 $61,000 $8,000 $53,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4912972

PrimeMLS

APN: NRLD-000104-000000-000071