NOT LISTED FOR SALE

Estimated Value: $991,568

6 Beds
7 Baths
7,314 Sq Ft
$136/Sq Ft Est. Value

Last Sold February 12, 2016

Last sale price $549,000 $75 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $6,058/month

341 Days on Market

Highlights

  • Wood Flooring
  • Screened Porch
  • Security Service
  • Corner Lot
  • Balcony
  • 2-minute walk to Lafayette Park

About This Home

As of February 2016

Top Notch investment opportunity! Exceptional 6 family building with grocery store below and attached office. Grocery store has 6 years left on 20 year lease, office has been used by owner, potential to be second retail space with separate entrance. Large, renovated 1 bedroom apartments with hardwood throughout and expansive kitchens. Low maintenance costs make this the perfect income opportunity to add to your portfolio. All apartments are fully occupied by long term tenants at will. Newer roof, Hot water, and enclosed porches.

Last Agent to Sell the Property

Kathy DeMello

Coldwell Banker Realty Nashua License #062833 Listed on: 10/17/2014

Coldwell Banker Realty Nashua

Last Buyer's Agent

Tom Dang

RE/MAX Innovative Properties License #070211

RE/MAX Innovative Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,042

Year Built

  • Built in 1950

Lot Details

  • 4,356 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Siding

Interior Spaces

  • 7 Full Bathrooms
  • 7,314 Sq Ft Home
  • 3-Story Property
  • Screened Porch
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 510 Car Parking Spaces
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Individual Controls for Heating
  • 100 Amp Service
  • Natural Gas Water Heater
  • Shared Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes ground maintenance, heat, hot water, parking, plowing, sewer, snow removal, trash

Community Details

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • 8 Units
  • Gross Income $70,800
  • Security Service

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,042

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Garden
  • Flood Zone: Unknown
  • Assessment Year: 2011
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 75.06
  • Property Class: Multi-Family
  • Sq Ft - Apx Total Finished: 7314
  • Unit Info: Ceiling Fan, Cooktop - Gas, Heat, Heat - Gas, Heat - Natural Gas, Hot Water, Porch - Screened, Range - Gas, Refrigerator, Separate
  • Property Type: Multi-Family
  • Year Built: 1950
  • Remarks Public: Top Notch investment opportunity! Exceptional 6 family building with grocery store below and attached office. Grocery store has 6 years left on 20 year lease, office has been used by owner, potential to be second retail space with separate entrance. Large, renovated 1 bedroom apartments with hardwood throughout and expansive kitchens. Low maintenance costs make this the perfect income opportunity to add to your portfolio. All apartments are fully occupied by long term tenants at will. Newer roof, Hot water, and enclosed porches.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Equipment: Security System, Smoke Detectr-Hard Wired
  • Flooring: Carpet, Hardwood, Laminate, Vinyl
  • Basement: Yes
  • Basement Description: Concrete, Full, No Tenant Access, Unfinished
  • Sq Ft - Apx Finished AG: 7314

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Brick, Shingle
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Paved
  • Features Exterior: Balcony, Porch, Porch - Covered, Porch - Enclosed, Porch - Screened

Garage/Parking

  • Parking: Off Street, Parking Spaces 5 - 10, Parking Spaces 6+, Paved

Utilities

  • Cable Company: Comcast
  • Electric: 100 Amp
  • Fuel Company: Liberty
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, Owned, Shared, Tank
  • Heating Fuel: Gas - Natural
  • Heating: Hot Air, Individual, Wall Units
  • Cooling: Wall AC Units, Individual
  • Phone Company: Verizon
  • Total Heat Units: 6
  • Total Ranges: 6
  • Total Refrigerators: 6
  • Total Water Heaters: 1
  • Utilities: Cable, Internet - Cable

Condo/Co-op/Association

  • Restrictions: Pets - Allowed, Pets - Cats Allowed, Pets - Dogs Allowed, Pets - Other
  • Association Amenities: Security

Lot Info

  • Lot Sq Ft: 4356
  • Lot Acres: 0.1
  • Lot Description: City Lot, Corner, Level
  • Surveyed: Unknown
  • Zoning: Mixed
  • Deed Book: 5381
  • Deed Page: 549
  • Deed Recorded Type: Warranty

Rental Info

  • Rent Includes: Ground Maintenance, Heat, Hot Water, Parking, Plowing, Sewer, Snow Removal, Trash

Multi Family

  • Gross Income: 70800
  • Total Full Baths: 7
  • Total Units: 8
  • Total1 Bedroom Units: 6

Tax Info

  • Tax Gross Amount: 8042
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2014
Closed on
Feb 12, 2016
Sold by
Kelley Street Rt and Brook Richard C
Bought by
Maxray Llc
Seller's Agent
Kathy DeMello
Coldwell Banker Realty Nashua
Buyer's Agent
Tom Dang
RE/MAX Innovative Properties
List Price
$549,000
Sold Price
$549,000
Total Days on Market
341
Current Estimated Value
$991,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,568
Avg. Annual Appreciation
6.65%
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Maxray Llc $549,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maxray Llc $368,000
Closed Maxray Llc $55,000
Previous Owner Kelley St Rt $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2016 02/12/16 Sold $549,000 0.0% $75 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
10/17/2014 10/17/14 For Sale $549,000 -- $75 / 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
2023 $9,547 $506,200 $101,300 $404,900
2022 $9,233 $506,200 $101,300 $404,900
2021 $8,950 $506,200 $101,300 $404,900
2020 $10,431 $423,000 $88,000 $335,000
2019 $10,287 $423,000 $88,000 $335,000
2018 $10,017 $423,000 $88,000 $335,000
2017 $9,864 $423,000 $88,000 $335,000
2016 $9,788 $423,000 $88,000 $335,000
2015 $8,520 $363,500 $53,500 $310,000
2014 $8,542 $363,500 $53,500 $310,000
2013 $8,241 $363,500 $53,500 $310,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4389535

PrimeMLS

APN: MNCH-000303-000000-000026