NOT LISTED FOR SALE

350 Village St Concord, NH 03303

Penacook Neighborhood
16 Beds
11 Baths
9,000 Sq Ft
1986 Built

Last Sold June 17, 2018

Last sale price $540,000 $60 Per Sq Ft

327 Days on Market

Highlights

  • Waterfront
  • Baseboard Heating
  • Wood Siding

About This Home

As of June 2018

8 unit masonry building conveniently located close to route 93, downtown Concord and Tilton. All 8 units already condo-ized with separate deeds, all 2 bedroom units with separate electric meters, 3 units have 2 full baths. Membrane roof approx. 10 yrs old, building has plenty of on-site parking, storage units and Coin Ops. Building sits on the Contoocook River and has great views. Tenants pay all separate util. Building is fully sprinklered!! Income of over $92k and expenses around $47k, leaving net income of around $45k. Great investment!!

Last Agent to Sell the Property

Nate Roxo

Roxo Realty LLC License #058328 Listed on: 06/26/2017

Last Buyer's Agent

Mark Warden

Porcupine Real Estate License #064757

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,426

Year Built

  • Built in 1986

Lot Details

  • Waterfront

Parking

  • Shared Driveway

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Wood Siding

Interior Spaces

  • 11 Full Bathrooms
  • 9,000 Sq Ft Home
  • 2-Story Property
  • Interior Basement Entry

Utilities

  • Baseboard Heating
  • Separate Meters
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot P16

Community Details

Overview

  • 8 Units

Building Details

  • Gross Income $91,708
  • Net Operating Income $51,009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,426

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Route 93 north to exit 17, right off exit, follow to roundabout, go 3/4 around and turn onto Tremont St. follow to the end, right turn on Village st. brick building on right next to river.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 60
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 9000
  • Sq Ft - Apx Total Finished: 9000
  • Year Built: 1986
  • Remarks Public: 8 unit masonry building conveniently located close to route 93, downtown Concord and Tilton. All 8 units already condo-ized with separate deeds, all 2 bedroom units with separate electric meters, 3 units have 2 full baths. Membrane roof approx. 10 yrs old, building has plenty of on-site parking, storage units and Coin Ops. Building sits on the Contoocook River and has great views. Tenants pay all separate util. Building is fully sprinklered!! Income of over $92k and expenses around $47k, leaving net income of around $45k. Great investment!!
  • List Agent: 4475
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Frost Wall
  • Sq Ft - Apx Finished AG: 9000

Exterior Features

  • Construction: Masonry, Wood Frame
  • Driveway: Common/Shared
  • Exterior: Brick, Wood
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Membrane
  • Waterfront: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Electric
  • Heating: Baseboard
  • Separate Utilities: Yes
  • Total Electric Meters: 9

Lot Info

  • Village/District/Locale: Penacook
  • Map: 543
  • Lot: P16
  • Lot Description: Waterfront
  • Surveyed: Unknown
  • Zoning: residential
  • Deed Book: 2073
  • Deed Page: 750
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 91708
  • Net Income: 51009
  • Total Full Baths: 11
  • Total Units: 8
  • Total2 Bedroom Units: 8

Tax Info

  • Tax Gross Amount: 18426
  • Tax Year: 2016

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
06/17/2018 06/17/18 Sold $540,000 0.0% $60 / Sq Ft
05/19/2018 05/19/18 Off Market $540,000 -- --
05/19/2018 05/19/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $599,900 0.0% $67 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
02/08/2018 02/08/18 Price Changed $599,900 -7.7% $67 / Sq Ft
11/30/2017 11/30/17 For Sale $649,900 0.0% $72 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
09/29/2017 09/29/17 Price Changed $649,900 -3.7% $72 / Sq Ft
06/26/2017 06/26/17 For Sale $675,000 +12.5% $75 / Sq Ft
02/09/2015 02/09/15 Sold $600,000 -1.6% $67 / Sq Ft
12/10/2014 12/10/14 Pending -- -- --
10/07/2014 10/07/14 For Sale $610,000 -- $68 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2018

    Nate Roxo

    Roxo Realty LLC

    (603) 396-6496

    1 in this area

    19 Total Sales

    Nate Roxo
    Section Image
  • Mark Warden

    Buyer's Agent in 2018

    Mark Warden

    Porcupine Real Estate

    (603) 391-2888

    75 Total Sales

    Mark Warden
    Section Image

  • B

    Buyer's Agent in 2015

    Bob Simeone

    The Gove Group Real Estate, LLC

    Section Image
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Map

Source: PrimeMLS

MLS Number: 4643569

PrimeMLS
New Hampshire Merrimack County Concord 03303 Penacook

350 Village St, Concord, NH

This home is located at 350 Village St, Concord, NH 03303 since 26 June 2017. This property was built in 1986. 350 Village St is a home located in Merrimack County with nearby schools including Penacook Elementary School, Merrimack Valley Middle School, and Merrimack Valley High School.

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