NOT LISTED FOR SALE

157 Main St Marlborough, NH 03455

Estimated Value: $337,736

2 Beds
2 Baths
5,244 Sq Ft
$64/Sq Ft Est. Value

Last Sold December 27, 2019

Last sale price $180,000 $34 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,311/month

403 Days on Market

About This Home

As of December 2019

Excellent investment potential! 2-unit multifamily with 1st floor commercial space in wonderful Marlborough NH. Walking distance to elementary school, hardware store, laundromat, several interesting shops, eateries, post office, gas/convenience store, fire department, community garden spaces and the Marlborough Community Center. Property is on Route 101, 5 minutes from Keene. Great starter opportunity for an investor-owner to easily move in and have the other 2 units pay your mortgage and then some! Ample parking - this property is adjacent to town parking. 48 hour notice to show due to tenants please. Property will be sold in "as is" condition.

Last Agent to Sell the Property

Ann Connor

Triumvirate LLC Listed on: 09/19/2018

Co-Listed By

Gail Therriault

HKS Associates, Inc. License #040176

Last Buyer's Agent

Ann Connor

Triumvirate LLC Listed on: 09/19/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,832

Year Built

  • Built in 1860

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Walk-Out Basement

Parking

  • 6 Car Parking Spaces
  • Paved Parking

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Separate Meters
  • 100 Amp Service
  • Oil Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 116 / 1025

Community Details

Overview

  • 3 Units
  • Unicron Management Association, Phone Number (603) 876-5034

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $6,919
  • Gross Income $32,040
  • Net Operating Income $25,121

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,832

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Located on route 101 on the corner of Main Street and Frost Street
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 68.65
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5535
  • Sq Ft - Apx Total Finished: 5244
  • Property Type: Multi-Family
  • Year Built: 1860
  • Remarks Public: Excellent investment potential! 2-unit multifamily with 1st floor commercial space in wonderful Marlborough NH. Walking distance to elementary school, hardware store, laundromat, several interesting shops, eateries, post office, gas/convenience store, fire department, community garden spaces and the Marlborough Community Center. Property is on Route 101, 5 minutes from Keene. Great starter opportunity for an investor-owner to easily move in and have the other 2 units pay your mortgage and then some! Ample parking - this property is adjacent to town parking. 48 hour notice to show due to tenants please. Property is sold in "as is" condition.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete Floor
  • Sq Ft - Apx Finished AG: 2622
  • Sq Ft - Apx Finished BG: 2622
  • Sq Ft - Apx Unfinished BG: 291

Exterior Features

  • Construction: Wood Frame
  • Exterior: T-111
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Parking: Parking Spaces 6+, Paved

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Oil
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Separate Utilities: Yes
  • Total Gas Meters: 3
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Utilities: Internet - Cable

Condo/Co-op/Association

  • Mgmt Co Phone: 603-876-5034
  • Management Company: Unicron Management

Lot Info

  • Map: 13
  • Lot: 116
  • Lot Sq Ft: 10019
  • Lot Acres: 0.23
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: C-1 Light Comm
  • Deed Book: 2872
  • Deed Page: 0858
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 32040
  • Net Income: 25121
  • Total Full Baths: 2
  • Total Units: 3
  • Total1 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 5831.54
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2014
Sold by
Doody Robert E and Doody Leigh M
Bought by
Dipen Props
Current Estimated Value
$337,736
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dipen Props $175,000 --
Dipen Props $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lampinen Shane $300,000
Closed Monadnock Economic Dev $265,390
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2019 12/27/19 Sold $180,000 -9.5% $34 / Sq Ft
10/27/2019 10/27/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $199,000 +10.6% $38 / Sq Ft
02/21/2019 02/21/19 Off Market $180,000 -- --
09/19/2018 09/19/18 For Sale $225,000 -- $43 / 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 $5,539 $192,800 $94,600 $98,200
2023 $4,739 $192,800 $94,600 $98,200
2022 $5,034 $192,800 $94,600 $98,200
2021 $4,801 $192,800 $94,600 $98,200
2020 $5,268 $167,400 $81,100 $86,300
2019 $5,485 $174,300 $88,000 $86,300
2018 $5,782 $174,300 $88,000 $86,300
2016 $5,260 $174,300 $88,000 $86,300
2015 $5,183 $183,090 $87,620 $95,470
2013 $4,879 $183,090 $87,620 $95,470
Source: Public Records

Agents Affiliated with this Home

  • Ann Connor

    Seller's Agent in 2019

    Ann Connor

    Triumvirate LLC

    (603) 352-6030

    18 Total Sales

    Section Image
  • Gail Therriault

    Seller Co-Listing Agent in 2019

    Gail Therriault

    HKS Associates, Inc.

    (603) 398-6646

    19 Total Sales

    Section Image
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Map

Source: PrimeMLS

MLS Number: 4719341

PrimeMLS

APN: MRLB-000013-000000-000116

New Hampshire Cheshire County Marlborough 03455

157 Main St, Marlborough, NH

This home is located at 157 Main St, Marlborough, NH 03455 since 19 September 2018 and is currently estimated at $337,736, approximately $64 per square foot. This property was built in 1860. 157 Main St is a home located in Cheshire County with nearby schools including Marlborough Elementary School, Keene High School, and St. Joseph Regional School.

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