NOT LISTED FOR SALE

40 Myrtle St Keene, NH 03431

Estimated Value: $364,000 - $469,318

8 Beds
4 Baths
2,425 Sq Ft
$167/Sq Ft Est. Value

Last Sold July 18, 2018

Last sale price $248,000 $102 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,037/month

6 Days on Market

Highlights

  • Radiant Floor
  • Double Pane Windows
  • Baseboard Heating
  • Enclosed patio or porch
  • Shed
  • High Speed Internet

About This Home

As of July 2018

Beyond excellent investment opportunity. Two 4 bedroom houses on the same lot within walking distance to KSC and Downtown Keene. FULLY RENTED THROUGH MAY 2019! One house, built in 1870, completely renovated in 2011. Other house was constructed NEW in 2011. Both houses have 4 bedrooms and 2 full baths. Code compliant hard wired smoke detectors throughout, ample parking and decent yard. Extremely good rate of return at current rents. Owner pays all utilities, but still nets $45k income before debt service. Seller is a licensed NH Real Estate Broker. Tenant leases to convey with sale.

Last Agent to Sell the Property

Josh Greenwald

Greenwald Realty Group License #057231 Listed on: 05/03/2018

Last Buyer's Agent

Josh Greenwald

Greenwald Realty Group License #057231 Listed on: 05/03/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,760

Year Built

  • Built in 1870

Lot Details

  • 0.31 Acre Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 1.75-Story Property
  • Double Pane Windows

Flooring

  • Carpet
  • Radiant Floor
  • Ceramic Tile
  • Vinyl

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry

Parking

  • 510 Car Parking Spaces
  • Gravel Driveway

Outdoor Features

  • Enclosed patio or porch
  • Shed

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Separate Meters
  • Propane
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 22 / 1

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $64,800
  • Net Operating Income $45,238

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,760

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Water Street, right onto Grove Street, left onto Myrtle, property last one on left.
  • Construction: Existing
  • Total Stories: 1.75
  • Price Per Sq Ft: 102.27
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3225
  • Sq Ft - Apx Total Finished: 2425
  • Year Built: 1870
  • Remarks Public: Beyond excellent investment opportunity. Two 4 bedroom houses on the same lot within walking distance to KSC and Downtown Keene. FULLY RENTED THROUGH MAY 2019! One house, built in 1870, completely renovated in 2011. Other house was constructed NEW in 2011. Both houses have 4 bedrooms and 2 full baths. Code compliant hard wired smoke detectors throughout, ample parking and decent yard. Extremely good rate of return at current rents. Owner pays all utilities, but still nets $45k income before debt service. Seller is a licensed NH Real Estate Broker. Tenant leases to convey with sale.
  • List Agent: 11790
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Carpet, Vinyl
  • Total Rooms Above Ground: 12
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Slab, Stairs - Interior, Unfinished
  • Sq Ft - Apx Finished AG: 2425
  • Sq Ft - Apx Unfinished BG: 800

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl
  • Foundation: Block, Concrete
  • Road Frontage: TBD
  • Roads: Dead End, Private
  • Roof: Shingle - Architectural
  • Features Exterior: Patio, Porch - Enclosed, Shed, Storage, Windows - Double Pane

Garage/Parking

  • Parking: Driveway, Parking Spaces 5 - 10

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Off Boiler
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Baseboard, Hot Air, Hot Water, Radiant Floor
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Trash: Dumpster
  • Utilities: Cable, Gas - Lp/Bottle, Internet - Cable

Schools

  • School District: Keene Sch Dst SAU #29

Lot Info

  • Map: 27
  • Lot: 22
  • Lot Sq Ft: 13504
  • Lot Acres: 0.31
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 2680
  • Deed Page: 606
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 64800
  • Net Income: 45238
  • Total Full Baths: 4
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 6760
  • Tax Year: 2017

MLS Schools

  • School District: Keene Sch Dst SAU #29

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Keefe Kerome $198,000
Closed Greenwald Joshua A $21,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2018 07/18/18 Sold $248,000 +3.8% $102 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $239,000 -- $99 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,339 $282,400 $47,200 $235,200
2023 $9,006 $282,400 $47,200 $235,200
2022 $8,763 $282,400 $47,200 $235,200
2021 $8,833 $282,400 $47,200 $235,200
2020 $7,586 $203,500 $55,300 $148,200
2019 $7,652 $203,500 $55,300 $148,200
2018 $6,741 $181,600 $55,300 $126,300
2017 $6,759 $181,600 $55,300 $126,300
2016 $6,608 $181,600 $55,300 $126,300
Source: Public Records

Agents Affiliated with this Home

  • Josh Greenwald

    Seller's Agent in 2018

    Josh Greenwald

    Greenwald Realty Group

    (603) 721-9266

    169 Total Sales

    Josh Greenwald
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Map

Source: PrimeMLS

MLS Number: 4690169

PrimeMLS

APN: 585/ / 039/000 000/000

New Hampshire Cheshire County Keene 03431

40 Myrtle St, Keene, NH

This home is located at 40 Myrtle St, Keene, NH 03431 since 03 May 2018 and is currently estimated at $405,439, approximately $167 per square foot. This property was built in 1870. 40 Myrtle St is a home located in Cheshire County with nearby schools including Franklin Elementary School, Keene Middle School, and Keene High School.

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