NOT LISTED FOR SALE
Studio
-- Bath
60,833 Sq Ft
1850 Built

Sale Details

Date Sold: March 15, 2019

Last sale price $2,800,000 $46 Per Sq Ft

216 Days on Market

Highlights

  • Colonial Architecture
  • Heating System Uses Steam
  • Walk-Up Access
  • Hot Water Heating System

About This Home

As of March 2019

Elm Grove Realty is please to present The Pittsfield Portfolio: A once-in-a-lifetime opportunity to acquire a large rental portfolio in Pittsfield, NH. This portfolio includes 76 units across 12 buildings with 74 apartments, one restaurant, and one office (currently used as the management office). Having been professionally managed over the duration of ownership, this portfolio has a strong cash flow, a steady rental history, and many upgraded buildings and units. There is a blend of studio, one-bedroom, two-bedroom, and three-bedroom apartments, providing for a balanced availability of apartments. With an aggressive pricing of less than $43,000 per unit, this portfolio is being offered at a strong 15.3% cap rate. Please see the marketing package for more information. Contact Matthew Lefebvre at 603-554-2309.

Last Agent to Sell the Property

Matt Lefebvre

Downtown Realty License #070207 Listed on: 05/15/2018

Last Buyer's Agent

No MLS Listing Agent

No MLS Listing Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1850

Home Design

  • Colonial Architecture
  • Victorian Architecture
  • Converted Dwelling
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Vinyl Siding

Interior Spaces

  • 60,833 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Walk-Up Access

Parking

  • 21 Car Parking Spaces
  • Paved Parking
  • On-Site Parking
  • Off-Site Parking

Utilities

  • Heating System Uses Gas
  • Heating System Uses Oil
  • Hot Water Heating System
  • Heating System Uses Steam
  • 100 Amp Service
  • Liquid Propane Gas Water Heater
  • Oil Water Heater

Community Details

  • 76 Units

Listing and Financial Details

  • Tax Block 000070

Property Details

Home Type

Multi-Family

Year Built

Built in 1850

Listing Details

  • Status Detail: Closed
  • Style: Colonial, Conversion, Multi-Family, Victorian
  • Directions: 30 Main Street is location of on-site management office.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 46.03
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 60833
  • Sq Ft - Apx Total Finished: 60833
  • Property Type: Multi-Family
  • Year Built: 1850
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 60833

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Aluminum, Clapboard, Vinyl Siding
  • Foundation: Fieldstone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Easements: Unknown

Garage/Parking

  • Parking: Off-Site, On-Site, Parking Spaces 21+

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Gas - LP/Bottle, Oil
  • Heating Fuel: Electric, Gas - LP/Bottle, Oil
  • Heating: Hot Air, Hot Water, Steam
  • Separate Utilities: Varies

Lot Info

  • Map: 00U03
  • Lot: 000000
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Various
  • Deed Book: 3387
  • Deed Page: 1276

Tax Info

  • Taxes TBD: Unknown

Multi Family

  • Total Units: 76
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/15/2019 03/15/19 Sold $2,800,000 0.0% $46 / Sq Ft
12/17/2018 12/17/18 Pending -- -- --
12/16/2018 12/16/18 Off Market $2,800,000 -- --
12/16/2018 12/16/18 Pending -- -- --
11/12/2018 11/12/18 For Sale $3,040,000 +8.6% $50 / Sq Ft
11/12/2018 11/12/18 Off Market $2,800,000 -- --
09/28/2018 09/28/18 Price Changed $3,040,000 -6.4% $50 / Sq Ft
08/10/2018 08/10/18 Price Changed $3,247,000 -7.1% $53 / Sq Ft
06/06/2018 06/06/18 Price Changed $3,495,000 +18.7% $57 / Sq Ft
05/15/2018 05/15/18 For Sale $2,945,000 -- $48 / Sq Ft
Source: PrimeMLS

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4692940

PrimeMLS
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