$469,000
SOLD NOV 14, 2024

44 Main St Raymond, NH 03077

4 Beds
4 Baths
2,840 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$165 Per Sq Ft

6 Days on Market

Highlights

  • Hot Water Heating System
  • Level Lot
  • Wood Siding
  • High Speed Internet

About This Home

As of November 2024

Fantastic turnkey investment opportunity in downtown Raymond! This well maintained property features 4, 1BR units, each is tenant occupied, assuring instant income. Potential abounds to renovate the expansive, unused attic space, in current state of disrepair, for additional living space and rental income. Colorful, fragrant lilacs and other vegetation surround this quaint and sunny lot. Recently updated septic. Situated in the heart of Raymond, residents will enjoy proximity to the scenic Lamprey River for fishing or boating, as well as the nearby rail trail for various outdoor activities. Walking distance to nearby shops, restaurants, town offices and common, as well as the local library add to the overall convenience and charm of this location. Property being sold as-is. Scheduled showings begin Saturday, 10/5 from 11-3 and Sunday, 10/6 from 10-12.

Last Agent to Sell the Property

Lesley Arnold

East Key Realty Brokerage Phone: 603-793-1807 License #077311

East Key Realty

Last Buyer's Agent

Lisa Parda

RealtyScape Brokerage, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,342

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Unfinished Basement
  • Interior and Exterior Basement Entry

Parking

  • Shared Driveway
  • Paved Parking
  • Deeded Parking

Schools

  • Lamprey River Elementary School
  • Iber Holmes Gove Middle Sch
  • Raymond High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Septic Tank
  • Septic Design Available
  • Private Sewer
  • Leach Field
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 077

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $17,383
  • Gross Income $50,600
  • Net Operating Income $33,217

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,342

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 165.14
  • Year Built: 1900
  • Remarks Public: Fantastic turnkey investment opportunity in downtown Raymond! This well maintained property features 4, 1BR units, each is tenant occupied, assuring instant income. Potential abounds to renovate the expansive, unused attic space, in current state of disrepair, for additional living space and rental income. Colorful, fragrant lilacs and other vegetation surround this quaint and sunny lot. Recently updated septic. Situated in the heart of Raymond, residents will enjoy proximity to the scenic Lamprey River for fishing or boating, as well as the nearby rail trail for various outdoor activities. Walking distance to nearby shops, restaurants, town offices and common, as well as the local library add to the overall convenience and charm of this location. Property being sold as-is. Scheduled showings begin Saturday, 10/5 from 11-3 and Sunday, 10/6 from 10-12.
  • List Agent: 859
  • Architectural Style: Multi-Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Gravel, Unfinished, Interior Access, Exterior Access
  • Sq Ft - Apx Finished AG: 2840
  • Sq Ft - Apx Unfinished BG: 1350

Exterior Features

  • Driveway: Common/Shared, Paved, Right-Of-Way (ROW)
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Dead End, Paved, Public
  • Roof: Shingle - Asphalt
  • Construction Type: Wood Frame, Wood Exterior

Garage/Parking

  • Parking: Deeded

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: 1500+ Gallon, Concrete, Leach Field - Existing, Private, Septic Design Available
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Total Electric Meters: 5
  • Total Heat Units: 4
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 2
  • Trash: Tenant
  • Utilities: Cable - Available
  • Water Source: Public

Schools

  • School District: Raymond
  • Elementary School: Lamprey River Elementary
  • Middle School: Iber Holmes Gove Middle Sch
  • High School: Raymond High School
  • Elementary School: Lamprey River Elementary
  • High School: Raymond High School

Lot Info

  • Map: 028
  • Lot: 077
  • Lot Sq Ft: 5227
  • Lot Acres: 0.12
  • Surveyed: Yes
  • Zoning: Commercial
  • Deed Book: 6528
  • Deed Page: 88/89
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 50600
  • Net Income: 33217
  • Total Units: 4
  • Total1 Bedroom Units: 4

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 6342
  • Tax Year: 2023

MLS Schools

  • School District: Raymond
  • School Middle Jr: Iber Holmes Gove Middle Sch

Map

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
11/14/2024 11/14/24 Sold $469,000 0.0% $165 / Sq Ft
10/08/2024 10/08/24 Pending -- -- --
10/02/2024 10/02/24 For Sale $469,000 0.0% $165 / Sq Ft
03/31/2018 03/31/18 Rented $1,095 0.0% --
03/21/2018 03/21/18 For Rent $1,095 -- --
Source: PrimeMLS

Source: PrimeMLS

MLS Number: 5016850

PrimeMLS