$710,000
SOLD JUL 24, 2024

74 Railroad Ave Epping, NH 03042

10 Beds
6 Baths
4,740 Sq Ft
0.83 Acres

Recently Sold

$150 Per Sq Ft

16% Below List Price

147 Days on Market

Highlights

  • Deck
  • New Englander Architecture
  • Covered patio or porch
  • Wood Flooring
  • Corner Lot
  • Storm Windows

About This Home

As of July 2024

Fantastic investment opportunity with this 5-unit property, boasting an impressive annual gross income surpassing $100,000. Positioned in a highly desirable location, the property ensures convenient access to amenities and major highways, catering to both tenant satisfaction and efficient property management. Beyond its immediate income potential, this investment gem presents a unique possibility for subdivision, adding a layer of versatility and potential appreciation. Ample off-street parking, additionally, several units come equipped with washer and dryer hookups, that elevate the property's appeal and attract responsible, long-term renters. Enjoy the benefits of stable cash flow, low vacancy rates, and the promise of future appreciation in a thriving real estate market. Don't miss the chance to secure your position in this property, whether you're a seasoned investor or entering the real estate arena. Act now to capitalize on the immediate returns and long-term growth potential offered by this exceptional 5-unit property.

Last Agent to Sell the Property

Hvizda Realty Group

Keller Williams Realty Metro-Concord License #069330 Listed on: 11/22/2023

Keller Williams Realty Metro-Concord

Last Buyer's Agent

Cornelius Hobbs

KW Coastal and Lakes & Mountains Realty

KW Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,214

Year Built

  • Built in 1883

Lot Details

  • 0.83 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Lot Sloped Up

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Clapboard

Interior Spaces

  • 6 Full Bathrooms
  • 2-Story Property
  • Double Pane Windows
  • Window Screens
  • Storm Windows

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Basement

  • Walk-Out Basement
  • Sump Pump
  • Dirt Floor

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Epping Elementary School
  • Epping Middle School
  • Epping Middle High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Uses Oil
  • 100 Amp Service
  • Propane
  • High Speed Internet

Community Details

  • 5 Units
  • 5 Separate Gas Meters

Listing and Financial Details

  • Tax Block 298

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,214

Year Built

Built in 1883

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 149.79
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 6353
  • Sq Ft - Apx Total Finished: 4740
  • Year Built: 1883
  • Remarks Public: Fantastic investment opportunity with this 5-unit property, boasting an impressive annual gross income surpassing $100,000. Positioned in a highly desirable location, the property ensures convenient access to amenities and major highways, catering to both tenant satisfaction and efficient property management. Beyond its immediate income potential, this investment gem presents a unique possibility for subdivision, adding a layer of versatility and potential appreciation. Ample off-street parking, additionally, several units come equipped with washer and dryer hookups, that elevate the property's appeal and attract responsible, long-term renters. Enjoy the benefits of stable cash flow, low vacancy rates, and the promise of future appreciation in a thriving real estate market. Don't miss the chance to secure your position in this property, whether you're a seasoned investor or entering the real estate arena. Act now to capitalize on the immediate returns and long-term growth potential offered by this exceptional 5-unit property.
  • List Agent: 4986
  • Display On Internet: High Speed Intrnt -Avail
  • Architectural Style: New Englander
  • ResoLotFeatures: Corner, Rental Complex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater – Gas
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • Total Rooms Above Ground: 23
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete Floor, Dirt Floor, Sump Pump
  • Sq Ft - Apx Finished AG: 4740
  • Sq Ft - Apx Unfinished BG: 1613

Exterior Features

  • Driveway: Paved
  • Foundation: Granite
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Metal, Shingle - Asphalt
  • Features Exterior: Deck, Fence - Partial, Porch - Covered, Window Screens, Windows - Double Pane, Windows - Storm
  • Construction Type: Wood Frame, Clapboard Exterior

Garage/Parking

  • Garage Capacity: 1
  • Parking: Off Street, Attached
  • Garage: Yes

Utilities

  • Cable Company: Xfinity
  • Electric: 100 Amp, Circuit Breaker(s)
  • Fuel Company: Tenants choice
  • Sewer: Public
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Baseboard, Forced Air, Gas Heater, Gas Heater - Vented, Hot Air
  • Electric Company: Eversource
  • Total Electric Meters: 5
  • Total Gas Meters: 5
  • Total Heat Units: 5
  • Total Ranges: 5
  • Total Refrigerators: 5
  • Total Water Heaters: 4
  • Utilities: Gas - Lp/Bottle
  • Water Source: Metered, Public Water - At Street

Schools

  • School District: Epping School District SAU #14
  • Elementary School: Epping Elem School
  • Middle School: Epping Middle School
  • High School: Epping Middle High School
  • Elementary School: Epping Elem School
  • High School: Epping Middle High School

Lot Info

  • Map: 029
  • Lot: 000
  • Lot Sq Ft: 36155
  • Lot Acres: 0.83
  • Surveyed: Unknown
  • Zoning: Commercial
  • Deed Book: 2770
  • Deed Page: 0588
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 6
  • Total Units: 5
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 8214
  • Tax Year: 2023

MLS Schools

  • School District: Epping School District SAU #14
  • School Middle Jr: Epping Middle School

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
07/24/2024 07/24/24 Sold $710,000 -5.3% $150 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
03/13/2024 03/13/24 Price Changed $750,000 -11.8% $158 / Sq Ft
01/29/2024 01/29/24 For Sale $850,000 0.0% $179 / Sq Ft
01/29/2024 01/29/24 Price Changed $850,000 -5.6% $179 / Sq Ft
01/13/2024 01/13/24 Pending -- -- --
12/13/2023 12/13/23 Price Changed $900,000 -7.7% $190 / Sq Ft
11/22/2023 11/22/23 For Sale $975,000 -- $206 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4978466

PrimeMLS