NOT LISTED FOR SALE

52 Centre St Concord, NH 03301

North End Neighborhood
7 Beds
4 Baths
2,703 Sq Ft
2,178 Sq Ft Lot

Last Sold April 24, 2017

Last sale price $288,000 $107 Per Sq Ft

8 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Walk-Up Access
  • Corner Lot

About This Home

As of April 2017

Multi-units are scarce in today's current market. Whether looking to add to your current investment portfolio or just starting out as an investor, this FOUR unit property is a POSITIVE asset, with a healthy NOI of $34,000.00 annually. Currently all apartments are rented. New roof, replacements windows throughout the building, and other renovations add to the value of this investment. There are two 2 bedroom units with one bath and laundry each and heat/hot water is included in rent; a two bedroom unit with one bath and laundry, tenant pays heat and hot water; and a one bedroom unit with one bath and laundry, tenant pays heat/hot water. Property offers on-street parking. Let's not forget location...this property is walking distance to Main St., State House Complex, and White Park. Please note that the Sellers are also selling a three family on 53 North Spring Street, (MLS# 4617570 ), which has PLENTY of parking spaces and a FOUR car garage. It is located only 407 feet down the street from this listing, making it easy to manage both of these buildings. Check them both out! Listing agent is related to Seller.

Last Agent to Sell the Property

Debbie Kelley

Brokerage Phone: 603-370-1380 License #067772 Listed on: 02/10/2017

Last Buyer's Agent

Nick Turmel

Tri-State Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,672

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Corner Lot
  • Lot Sloped Up

Parking

  • On-Street Parking

Home Design

  • Converted Dwelling
  • Brick Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2,703 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 15 / 6
  • 28% Total Tax Rate

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Gas Meters
  • Gross Income $43,620
  • Net Operating Income $34,801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,672

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Conversion
  • Directions: Head North on Centre Street from downtown Concord, house sits on the corner of Centre Street and North Spring Street.
  • Assessment Amount: 205000
  • Assessment Year: 2016
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 106.55
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4181
  • Sq Ft - Apx Total Finished: 2703
  • Year Built: 1900
  • List Agent: 6346
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Tile
  • Total Rooms Above Ground: 15
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Bulkhead, Full
  • Sq Ft - Apx Finished AG: 2703
  • Sq Ft - Apx Unfinished BG: 1478

Exterior Features

  • Construction: Wood Frame
  • Exterior: Vinyl
  • Foundation: Block, Brick
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Porch - Covered

Garage/Parking

  • Parking: On Street

Utilities

  • Electric: 200 Amp, Circuit Breaker(s)
  • Fuel Company: Liberty Utilities
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Radiator
  • Total Electric Meters: 4
  • Total Gas Meters: 4
  • Total Heat Units: 3
  • Total Water Heaters: 3
  • Trash: Curbside

Lot Info

  • Map: 47
  • Lot: 15
  • Lot Sq Ft: 2178
  • Lot Acres: 0.05
  • Lot Description: City Lot, Corner
  • Surveyed: Unknown
  • Zoning: RD
  • Deed Book: 3512
  • Deed Page: 1983
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 43620
  • Net Income: 34801
  • Total Full Baths: 4
  • Total Units: 4
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 3

Tax Info

  • Taxes TBD: Yes
  • Tax Rate: 27.67
  • Tax Gross Amount: 5672

MLS Schools

  • School District: Concord School District SAU #8

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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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 List to Sale Price per Sq Ft Prior Sale
04/24/2017 04/24/17 Sold $288,000 -0.7% $107 / Sq Ft
02/18/2017 02/18/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $289,900 +48.7% $107 / Sq Ft
04/22/2016 04/22/16 Sold $194,900 -9.3% $71 / Sq Ft View Prior Sale
03/07/2016 03/07/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $214,900 -- $78 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Debbie Kelley

    Section Image
  • Nick Turmel

    Buyer's Agent in 2017

    Nick Turmel

    Tri-State Realty, LLC

    (603) 566-3073

    55 Total Sales

    Nick Turmel
    Section Image
  • Suzanne Walsh

    Seller's Agent in 2016

    Suzanne Walsh

    Century 21 Circa 72 Inc.

    (603) 496-6690

    1 in this area

    63 Total Sales

    Suzanne Walsh
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4617571

PrimeMLS

APN: CNCD M:47 B:6 L:15

New Hampshire Merrimack County Concord 03301 North End

52 Centre St, Concord, NH

Not Listed for Sale

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