NOT LISTED FOR SALE

74 Railroad Ave Epping, NH 03042

Epping Area
10 Beds
6 Baths
4,740 Sq Ft
0.83 Acre Lot

Sale Details

Date Sold: July 24, 2024

Last sale price $710,000 $150 Per Sq Ft

147 Days on Market

Highlights

  • Public Water Access
  • Wood Flooring
  • Corner Lot
  • Deck
  • New Englander Architecture
  • Covered Patio or Porch

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

EXP Realty License #069330 Listed on: 11/22/2023

EXP Realty

Last Buyer's Agent

Cornelius Hobbs

KW Coastal and Lakes & Mountains Realty

KW Coastal and Lakes & Mountains Realty
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Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,214

Year Built

  • Built in 1883

Lot Details

  • 36,155 Sq Ft 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
  • 4,740 Sq Ft Home
  • 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

  • Public Water Access
  • 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
  • Gas Water Heater
  • 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

0.83 Acres

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
  • 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

  • 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

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
Nov 22, 2023
Closed on
Jul 24, 2024
Sold by
Frost Wayne and Frost Irene C
Bought by
Seller's Agent
Hvizda Realty Group
EXP Realty
Buyer's Agent
Cornelius Hobbs
KW Coastal and Lakes & Mountains Realty
List Price
$850,000
Sold Price
$710,000
Premium/Discount to List
-$140,000
-16.47%
Views
347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Outstanding Balance
$521,688
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 1988
Bought by
Frost Irene C and Frost Wayne
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
$710,000 None Available
Frost Irene C -- --
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 $247,982
Open -- $532,500
Previous Owner Frost Irene C $210,000
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
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

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
2025 $12,825 $855,000 $238,500 $616,500
2024 $9,217 $365,300 $96,100 $269,200
2023 $8,548 $365,300 $96,100 $269,200
2022 $8,216 $365,300 $96,100 $269,200
2021 $8,190 $365,300 $96,100 $269,200
2020 $8,636 $365,300 $96,100 $269,200
2019 $8,576 $309,600 $76,100 $233,500
2018 $8,031 $309,600 $76,100 $233,500
2017 $8,031 $309,600 $76,100 $233,500
2016 $8,031 $309,600 $76,100 $233,500
2015 $7,992 $308,100 $76,100 $232,000
Source: Public Records

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Map

Source: PrimeMLS

MLS Number: 4978466

PrimeMLS
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