NOT LISTED FOR SALE

37 New Hampshire 16b Ossipee, NH 03814

9 Beds
7 Baths
5,178 Sq Ft
1.08 Acres

Last Sold September 19, 2018

Last sale price $230,000 $44 Per Sq Ft

94 Days on Market

Highlights

  • Colonial Architecture
  • Storm Windows
  • Level Lot
  • Countryside Views
  • Baseboard Heating
  • Carpet

About This Home

As of September 2018

NH Lifestyle Properties 603-569-4663 Ext 3753 is pleased to present this great investment opportunity to build your portfolio. Stop depending on your paycheck to pay the bills. This is a great time to invest in Real Estate. Located at 37 Route 16B Ossipee NH, this is a 2 story Colonial building with 7 fully occupied units. Exterior has vinyl siding and a metal roof with plenty of parking onsite for the tenants. The building has been well maintained. This building offers 2-Studio apartments, 2- 1 bedroom apartments, and 3- two bedroom apartments. Bonus room with half bath currently being used for storage. This could be a possible additional rental or an expansion on another unit to create a 4th Two bedroom, many opportunities here. Landlord pays for all units heat and includes electric for units 3 and 1. This property shows a great cash flow as well as a 16.5% Cap Rate. Great investment if your looking for that passive income.

Last Agent to Sell the Property

Misty J. Couch, Realtor

KW Coastal and Lakes & Mountains Realty/Wolfeboro Listed on: 05/08/2018

Co-Listed By

Jason McKenna

Coldwell Banker Realty Gilford NH License #068804

Last Buyer's Agent

Robert BALDWIN

Central Falls Realty License #065827

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,014

Year Built

  • Built in 1800

Lot Details

  • 1.08 Acre Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 7 Full Bathrooms
  • 5,178 Sq Ft Home
  • 2-Story Property
  • Countryside Views
  • Storm Windows

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Sump Pump
  • Crawl Space

Parking

  • Gravel Driveway
  • Dirt Driveway
  • On-Site Parking
  • Unassigned Parking

Schools

  • Ossipee Central Elementary Sch
  • Kingswood Regional Middle School
  • Kingswood Regional High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • 7 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,014

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Colonial
  • Directions: Heading North on Route 16 from Wakefield, Take a left on 16B Property on Left. See sign.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 44.42
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5178
  • Sq Ft - Apx Total Finished: 5178
  • Year Built: 1800
  • Remarks Public: Investment opportunity to build your portfolio. Stop depending on your paycheck to pay the bills. This is a great time to invest in Real Estate. Located at 37 Route 16B Ossipee NH, this is a 2 story Colonial building with 7 fully occupied units. Exterior has vinyl siding and a metal roof with plenty of parking onsite for the tenants. The building has been well maintained. This building offers 2-Studio apartments, 2- 1 bedroom apartments, and 3- two bedroom apartments. Bonus room with half bath currently being used for storage. This could be a possible additional rental or an expansion on another unit to create a 4th Two bedroom, many opportunities here. Landlord pays for all units heat and includes electric for units 3 and 1. This property shows a great cash flow as well as a 16.5% Cap Rate. Great investment if your looking for that passive income.
  • List Agent: 280119
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Bulkhead, Crawl Space, Gravel, No Tenant Access, Sump Pump, Unfinished
  • Sq Ft - Apx Finished AG: 5178

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt, Gravel
  • Exterior: Vinyl Siding
  • Foundation: Block, Stone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Metal
  • Features Exterior: Windows - Storm

Garage/Parking

  • Parking: Driveway, On-Site, Unassigned

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Free Standing, Owned, Separate, Tank
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water
  • Electric Company: Eversource
  • Total Electric Meters: 6
  • Total Heat Units: 1
  • Total Ranges: 7
  • Total Refrigerators: 7
  • Total Water Heaters: 6

Schools

  • School District: Governor Wentworth Regional
  • Elementary School: Ossipee Central Elementary Sch
  • Middle School: Kingswood Regional Middle
  • High School: Kingswood Regional High School
  • Elementary School: Ossipee Central Elementary Sch
  • High School: Kingswood Regional High School

Lot Info

  • Village/District/Locale: Center Ossipee
  • Map: 096
  • Lot: 000
  • Lot Sq Ft: 47045
  • Lot Acres: 1.08
  • Lot Description: Country Setting, Level, Rental Complex
  • Surveyed: Unknown
  • Zoning: Vil DC
  • Deed Book: 3096
  • Deed Page: 884
  • Deed Recorded Type: Warranty

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 3014
  • Tax Year: 2018

Multi Family

  • Total Full Baths: 7
  • Total Units: 7
  • Total1 Bedroom Units: 4
  • Total2 Bedroom Units: 3

MLS Schools

  • School District: Governor Wentworth Regional
  • School Middle Jr: Kingswood Regional 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
09/19/2018 09/19/18 Sold $230,000 -7.6% $44 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $249,000 0.0% $48 / Sq Ft
05/24/2018 05/24/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $249,000 -- $48 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Misty J. Couch, Realtor

    KW Coastal and Lakes & Mountains Realty/Wolfeboro

    Section Image
  • Jason McKenna

    Seller Co-Listing Agent in 2018

    Jason McKenna

    Coldwell Banker Realty Gilford NH

    (603) 630-6592

    4 Total Sales

    Section Image

  • R

    Buyer's Agent in 2018

    Robert BALDWIN

    Central Falls Realty

    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4691088

PrimeMLS

New Hampshire Carroll County Ossipee 03814

37 New Hampshire 16b, Ossipee, NH

This home is located at 37 New Hampshire 16b, Ossipee, NH 03814 since 08 May 2018. This property was built in 1800. 37 New Hampshire 16b is a home located in Carroll County with nearby schools including Ossipee Central School, Kingswood Regional Middle School, and Kingswood Regional High School.

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