NOT LISTED FOR SALE
7 Beds
6 Baths
4,579 Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: November 15, 2023

Last sale price $900,000 $197 Per Sq Ft

41 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • 2-minute walk to Pulaski Park

About This Home

As of November 2023

Fully occupied six-unit multi-family building consisting of two one-bedroom units, two spacious one+ bedroom units, a sprawling two-bedroom unit on the third floor, and a distinctive bi-level, one-bedroom unit. The building has had many upgrades over the years while still proudly presenting its original charm with the preserved decorative moldings seen on the exterior. The total annual rental income amounts to $95,280.00, with a net operating income of $72,799.60. There's opportunity for value enhancement by introducing laundry facilities, potentially using the existing hook-ups in the basement, and following a financial pro-forma, $115,200.00, based on market rents. Three of the units have been turned and are nicely updated and though the other three units are clean and well-kept, there is still room to add value by making some cosmetic improvements. The property has two paved driveways, providing ample parking. Its convenient location is walking distance to downtown and access to interstates 293 and 93 is only minutes away. Easy to rent with heat being included! New roof! COC is good through 3/28/2026. Don't let this investment opportunity pass you by! Showings by private appointment.

Last Agent to Sell the Property

Casey Purinton

BHHS Verani Concord Brokerage Phone: 603-397-8246 License #075273 Listed on: 08/18/2023

BHHS Verani Concord

Co-Listed By

Vanessa Purinton

BHHS Verani Concord Brokerage Phone: 603-397-8246 License #078340

Last Buyer's Agent

Tejinder Bhogal

BHHS Verani Nashua License #059238

BHHS Verani Nashua
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,728

Year Built

  • Built in 1910

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot
  • Lot Sloped Up

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4,579 Sq Ft Home
  • 3-Story Property

Unfinished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Dirt Floor

Parking

  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Available
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 32

Community Details

Overview

  • 6 Units

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $22,480
  • Gross Income $95,280
  • Net Operating Income $72,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,728

Year Built

Built in 1910

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Multi-Family
  • Directions: Located on the corner of Beech and Bridge Street.
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 196.55
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 6575
  • Sq Ft - Apx Total Finished: 4579
  • Year Built: 1910
  • List Agent: 284583
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete Floor, Dirt Floor, Unfinished, Interior Access, Exterior Access
  • Sq Ft - Apx Finished AG: 4579
  • Sq Ft - Apx Unfinished BG: 1996

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Brick, Granite
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Architectural

Garage/Parking

  • Parking: Off Street, On-Site, Paved

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Domestic, Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Hot Water
  • Total Electric Meters: 6
  • Total Gas Meters: 1
  • Total Heat Units: 1
  • Total Ranges: 6
  • Total Refrigerators: 6
  • Total Water Heaters: 2
  • Utilities: Cable, Gas - On-Site

Lot Info

  • Map: 21
  • Lot: 32
  • Lot Sq Ft: 7841
  • Lot Acres: 0.18
  • Lot Description: City Lot, Corner
  • Surveyed: Unknown
  • Zoning: RES
  • Deed Book: 9691
  • Deed Page: 831
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 95280
  • Net Income: 72800
  • Total Units: 6
  • Total1 Bedroom Units: 5
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 8727.84
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Nov 15, 2023
Sold by
Bought by
Seller's Agent
Casey Purinton
BHHS Verani Concord
Buyer's Agent
Tejinder Bhogal
BHHS Verani Nashua
List Price
$989,500
Sold Price
$900,000
Premium/Discount to List
-$89,500
-9.04%
Views
84

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,000
Outstanding Balance
$593,564
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.28%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 24, 2015
Sold by
Bought by

Purchase Details

Closed on
Dec 24, 1991
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$900,000 None Available
$825,000 None Available
-- --
$85,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $609,000
Previous Owner $200,000
Previous Owner $320,000
Previous Owner $80,000
Previous Owner $40,000
Previous Owner $135,000
Closed $110,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/15/2023 11/15/23 Sold $900,000 -4.2% $197 / Sq Ft
09/28/2023 09/28/23 Pending -- -- --
09/17/2023 09/17/23 Price Changed $939,900 -2.6% $205 / Sq Ft
09/06/2023 09/06/23 Price Changed $964,900 -2.5% $211 / Sq Ft
08/18/2023 08/18/23 For Sale $989,500 -- $216 / Sq Ft
Source: PrimeMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,659 $544,400 $69,500 $474,900
2023 $9,025 $478,500 $69,500 $409,000
2022 $8,728 $478,500 $69,500 $409,000
2021 $8,460 $478,500 $69,500 $409,000
2020 $6,888 $279,300 $72,700 $206,600
2019 $5,932 $279,300 $72,700 $206,600
2018 $7,900 $279,300 $72,700 $206,600
2017 $6,513 $279,300 $72,700 $206,600
2016 $6,463 $279,300 $72,700 $206,600
2015 $5,792 $247,100 $65,000 $182,100
2014 $5,807 $247,100 $65,000 $182,100
2013 -- $247,100 $65,000 $182,100
Source: Public Records

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Map

Source: PrimeMLS

MLS Number: 4966175

PrimeMLS
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