$303,000
SOLD JUL 19, 2018

3279 Us Route 3 Thornton, NH 03285

12 Beds
7 Baths
4,539 Sq Ft
6.3 Acres

Recently Sold

$67 Per Sq Ft

7% Below List Price

14 Days on Market

Highlights

  • 6.3 Acre Lot
  • Mountain View
  • Garden
  • Thornton Central School Rated A-
  • Hiking Trails
  • Wood Siding

About This Home

As of January 2024

Incredible income generating opportunity! The rental market is even hotter than the housing market in the White Mountains. This building currently has 7 units, with over 1,500 sq ft of unfinished, plumbed and wired space on the first level. Additionally, there is a finished office space on the first floor. Use your vision to turn this ideally located building into an income juggernaut. The Steele Building has expansive mountain views and is centrally located to all the local businesses, ski mountains and the university. The Pemigewasset River is just across the street as an added bonus to tenants. Many of the units have updated appliances, new paint and carpeting. There is nothing like this on the market or coming to the market in the area.

Last Agent to Sell the Property

David O'Rourke

Rune Stone Realty License #068813 Listed on: 02/17/2018

Rune Stone Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,270

Year Built

  • Built in 1880

Lot Details

  • 6.3 Acre Lot
  • Lot Sloped Up
  • Garden

Home Design

  • Rooming House
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

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

Basement

  • Partial Basement
  • Interior Basement Entry
  • Dirt Floor

Parking

  • 1,120 Car Parking Spaces
  • Stone Driveway
  • Gravel Driveway

Schools

  • Thornton Central Elementary And Middle School
  • Plymouth Regional High School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Private Water Source
  • Water Heater
  • Shared Water Heater
  • Septic Tank
  • Private Sewer

Listing and Financial Details

  • Legal Lot and Block 19 / 2

Community Details

Recreation

  • Recreational Area
  • Hiking Trails
  • Trails
  • Snow Removal

Additional Features

  • 8 Units
  • Common Area
  • Gross Income $49,110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,270

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Multi-Family, Multi-Level, Rooming House
  • Flood Zone: Unknown
  • Assessment Amount: 271800
  • Assessment Year: 2016
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 66.75
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 7366
  • Sq Ft - Apx Total Finished: 4539
  • Year Built: 1880
  • Remarks Public: Incredible income generating opportunity! The rental market is even hotter than the housing market in the White Mountains. This building currently has 7 units, with over 1,500 sq ft of unfinished, plumbed and wired space on the first level. Additionally, there is a finished office space on the first floor. Use your vision to turn this ideally located building into an income juggernaut. The Steele Building has expansive mountain views and is centrally located to all the local businesses, ski mountains and the university. The Pemigewasset River is just across the street as an added bonus to tenants. Many of the units have updated appliances, new paint and carpeting. There is nothing like this on the market or coming to the market in the area.
  • List Agent: 23504
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt Floor, Partial
  • Sq Ft - Apx Finished AG: 4539
  • Sq Ft - Apx Unfinished AG: 2172
  • Sq Ft - Apx Unfinished BG: 655

Exterior Features

  • Construction: Wood Frame
  • Driveway: Crushed Stone, Gravel
  • Exterior: Clapboard, Wood Siding
  • Foundation: Stone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Metal
  • Features Exterior: Garden Space

Garage/Parking

  • Parking: Parking Spaces 11 - 20

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Private, Septic
  • Water: Private
  • Water Heater: Included, Separate, Shared
  • Heating Fuel: Gas - Natural
  • Heating: Gas Heater, House Unit, Individual
  • Separate Utilities: Varies
  • Trash: Tenant

Condo/Co-op/Association

  • Association Amenities: Snow Removal, Common Acreage

Schools

  • School District: Thornton
  • Elementary School: Thornton Central School
  • Middle School: Thornton Central School
  • High School: Plymouth Regional High School
  • Elementary School: Thornton Central School
  • High School: Plymouth Regional High School

Lot Info

  • Map: 6
  • Lot: 19
  • Lot Sq Ft: 274428
  • Lot Acres: 6.3
  • Lot Description: Major Road Frontage, Mountain View, Recreational, Trail/Near Trail, Walking Trails
  • Surveyed: Unknown
  • Zoning: INDUST
  • Deed Book: 3457
  • Deed Page: 157
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 49110
  • Total Full Baths: 7
  • Total Units: 8
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 5

Tax Info

  • Tax Gross Amount: 5270
  • Tax Year: 2016

MLS Schools

  • School District: Thornton
  • School Middle Jr: Thornton Central 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
01/25/2024 01/25/24 Sold $590,000 0.0% $96 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
10/23/2023 10/23/23 For Sale $590,000 +94.7% $96 / Sq Ft
07/19/2018 07/19/18 Sold $303,000 0.0% $67 / Sq Ft
03/03/2018 03/03/18 Off Market $303,000 -- --
03/03/2018 03/03/18 Pending -- -- --
02/17/2018 02/17/18 For Sale $324,500 0.0% $71 / Sq Ft
11/15/2016 11/15/16 Rented $800 -99.9% --
10/16/2016 10/16/16 Under Contract -- -- --
10/09/2016 10/09/16 For Rent $800,000 +103125.8% --
11/15/2014 11/15/14 Rented $775 0.0% --
11/15/2014 11/15/14 For Rent $775 -- --
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4677245

PrimeMLS