NOT LISTED FOR SALE

35 Central St Haverhill, NH 03774

-- Bed
14 Baths
13,352 Sq Ft
0.37 Acres

Last Sold February 24, 2022

Last sale price $600,000 $45 Per Sq Ft

20 Days on Market

Highlights

  • Heating System Uses Steam
  • Woodsville High School Rated 9+
  • High Speed Internet

About This Home

As of February 2022

*INVESTORS TAKE NOTICE* Beautiful three story apartment complex in downtown Haverhill, NH. Centrally located on Main Street in the village of Woodsville, NH near the Vermont and New Hampshire border along the Connecticut River with a high traffic count on Central Street. The large commercial space and 14 residential apartment units are fully occupied with positive cash flow. A great opportunity to purchase an income producing investment property with roughly, a potential, 10% cap rate. With the possibility of an additional 1-2 units that could be added later with some minor renovations, creating an even greater net income. Many updates include several fully renovated units, updated electrical with circuit breaker boxes for each individual unit. The Peerless boiler heating system and water heater are in excellent working condition, newer roof, fire alarm system and sprinklers throughout the building, cameras covering the property for a safe comfortable environment for the tenants, most of which have occupied the property for many years. Excellent occupancy rates historically. In addition to the main property, included is the adjacent lot used primarily for parking exclusively for the tenants. This parking lot has new pavement and is a fantastic asset to the building. With housing demands at an extreme high and supply at an all time low, this would make a great investment piece to add to you rental portfolio. Call, text, or email list agent Jennifer Impey with The Atlantic Real Estate Network, NE to schedule an appointment. Tenant occupied please allow 72 hours notice to show.

Last Agent to Sell the Property

Jennifer Impey

Coldwell Banker LIFESTYLES- Littleton License #076227 Listed on: 10/06/2021

Coldwell Banker LIFESTYLES- Littleton

Last Buyer's Agent

Gal Peretz

Realty One Group Reliant License #074762

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $13,350

Year Built

  • Built in 1875

Lot Details

  • 0.37 Acre Lot
  • Lot Sloped Up

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Membrane Roofing

Interior Spaces

  • 14 Full Bathrooms
  • 3-Story Property
  • Finished Basement
  • Interior Basement Entry

Parking

  • 21 Car Parking Spaces
  • Paved Parking

Schools

  • Woodsville Elementary School
  • Haverhill Cooperative Middle School
  • Woodsville High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Community Sewer or Septic
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 15 Units
  • Operating Expense $43,244

Listing and Financial Details

  • Exclusions: Inventory in commercial space belongs to lessee. Any personal items remaining in the residential units belong to the tenants.
  • Tax Lot 044

Property Details

Home Type

Apartment

Est. Annual Taxes

$13,350

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: Route 302 main street Woodsville, NH 3/10 of a mile from the NH/VT border.
  • Construction: Existing
  • Items Excluded: Inventory in commercial space belongs to lessee. Any personal items remaining in the residential units belong to the tenants.
  • Total Stories: 3
  • Price Per Sq Ft: 44.94
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 14952
  • Sq Ft - Apx Total Finished: 14552
  • Year Built: 1875
  • Remarks Public: *INVESTORS TAKE NOTICE* Three story apartment complex in downtown Haverhill, NH. Centrally located on Main Street in the village of Woodsville, NH near the Vermont and New Hampshire border along the Connecticut River with a high traffic count on Central Street. The large commercial space and 14 residential apartment units are fully occupied with positive cash flow. A great opportunity to purchase an income producing investment property with roughly, a potential, 10% cap rate. With the possibility of an additional 1-2 units that could be added later with some minor renovations, creating an even greater net income. Many updates include several fully renovated units, updated electrical with circuit breaker boxes for each individual unit. The Peerless boiler heating system and water heater are in excellent working condition, newer roof, fire alarm system and sprinklers throughout the building, cameras covering the property for a safe comfortable environment for the tenants, most of which have occupied the property for many years. Excellent occupancy rates historically. In addition to the main property, included is the adjacent lot used primarily for parking exclusively for the tenants. This parking lot has new pavement and is a fantastic asset to the building. With housing demands at an extreme high and supply at an all time low, this would make a great investment piece to add to you rental portfolio. Please allow 72 hours notice, minimum, for all showings.
  • List Agent: 286025
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Finished
  • Sq Ft - Apx Finished AG: 13352
  • Sq Ft - Apx Finished BG: 1200
  • Sq Ft - Apx Unfinished BG: 400

Exterior Features

  • Construction: Masonry
  • Driveway: Paved
  • Exterior: Brick
  • Foundation: Brick
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Membrane

Garage/Parking

  • Parking: Parking Spaces 21+

Utilities

  • Cable Company: Spectrum
  • Electric: Circuit Breaker(s), On-Site
  • Fuel Company: Jock OIl
  • Sewer: Community
  • Water: Community
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Steam
  • Cooling: Wall AC Units
  • Electric Company: Woodsville Water and Ligh
  • Phone Company: Consolidated
  • Trash: Dumpster
  • Utilities: Cable - At Site, High Speed Intrnt -Atsite, Telephone At Site

Schools

  • School District: SAU #23
  • Elementary School: Woodsville Elementary
  • Middle School: Haverhill Cooperative Middle
  • High School: Woodsville High School
  • Elementary School: Woodsville Elementary
  • High School: Woodsville High School

Lot Info

  • Village/District/Locale: Woodsville
  • Map: 101
  • Lot: 044
  • Lot Sq Ft: 15943
  • Lot Acres: 0.366
  • Lot Description: Major Road Frontage, Rental Complex, Sidewalks
  • Zoning: commercial
  • Deed Book: 4348
  • Deed Page: 107
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 14
  • Total Units: 15
  • Total1 Bedroom Units: 14

Tax Info

  • Tax Gross Amount: 13350
  • Tax Year: 2021

MLS Schools

  • School District: SAU #23
  • School Middle Jr: Haverhill Cooperative Middle

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
02/24/2022 02/24/22 Sold $600,000 -13.7% $41 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $695,000 -- $48 / 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: 4885850

PrimeMLS