NOT LISTED FOR SALE
8 Beds
4 Baths
4,344 Sq Ft
3.7 Acres

Last Sold April 02, 2021

Last sale price $522,500 $120 Per Sq Ft

99 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Waterfront
  • Secluded Lot
  • Pond View
  • 3.7 Acre Lot
  • Pond

About This Home

As of April 2021

PENDING Under Contract. No more showings. SATURDAY 2/6/21. 9 Gibbons Ln. Greenfield, NH 03047. VERY RARE 4-PLEX (Four multi-level Townhouses or 2 Duplexes conjoined). This 4 Unit Multifamily is a CASH COW with $63,600 Annual Gross Rent with $53,000-ish Annual Net Profit for a 10% CAP Rate! All 4 Townhouses are identical in layout size for each unit: 2 Floors, 1,086 sq ft, 2 Huge Bedrooms, each unit has their own private internal basement with own Washer & Dryer, Stainless Steel Dishwashers, Patios, real Hardwood Floors throughout (besides bathroom). Tenants pay their Separate Utilities. Electric everything. No fuel systems to ever replace. Fully Occupied. BUILT IN 1981 which is rare great aspect of this property, since most NH 4 unit Multifamily's were built 1800-1920. 3.7 Acres Huge Yards & lots of parking. Tenants Mow/Rake/Shovel walkways. Waterfront Pond & Mountain Views from parts of property depending on time of year. Apt #'s 1 & 3 were fully Renovated with Dual Thermal Pane Vinyl Windows, Stainless Steel Appliances, Paint, Bathrooms, Fixtures, Water Heaters, etc. Buyer must show Proof of Cash or Pre-Approval Letter dated within the last 90 days, before scheduling a showing. Will easily pass FHA, VA or Conventional. Potentially great Condexing resale investment for re-sale at $170,000+ per townhouse for $680,000+ total if Town approves & your Buyer wants to in future. Listing Agent is the Seller. See my other personal Multifamily's For Sale at 99 Lake Shore Dr. Northwood, NH & 7 Island St. Wilton, NH. I'm paying out a 3% Buyer Agent Commission! Nick Turmel - Owner of Tri-State Realty, LLC - NH. Nick's cell # 603-566-3073. RealEstate@NickTurmel.com MASKS, NHREC & CDC GUIDELINES.

Last Agent to Sell the Property

Nick Turmel

Tri-State Realty, LLC Listed on: 10/30/2020

Last Buyer's Agent

Greg Leavitt

BHHS Verani Concord License #065161

BHHS Verani Concord

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,740

Year Built

  • Built in 1981

Lot Details

  • 3.7 Acre Lot
  • Waterfront
  • Partially Fenced Property
  • Landscaped
  • Secluded Lot
  • Level Lot
  • Wooded Lot

Property Views

  • Pond
  • Mountain
  • Countryside Views

Home Design

  • Duplex
  • Modern Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 4,344 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Wood Flooring

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry

Parking

  • 21 Car Parking Spaces
  • Paved Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Pond
  • Patio
  • Shed

Schools

  • Greenfield Elementary School
  • South Meadow Middle School
  • Contoocook Valley Regional Hig High School

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Separate Meters
  • Private Water Source
  • Dug Well
  • Electric Water Heater
  • Septic Tank
  • Private Sewer
  • Leach Field
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 51

Community Details

Overview

  • 4 Units

Recreation

  • Hiking Trails
  • Trails

Building Details

  • Operating Expense $1,992
  • Gross Income $63,600
  • Net Operating Income $61,608

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,740

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Duplex, Modern Architecture, Multi-Family, Multi-Level, Townhouse
  • Directions: Rte 101 to Rte 31 to Slip Rd to Gibbons Ln. Or Rte 202 to Rte 31 to Slip Rd to Gibbons Ln. Or Rte 136 to Rte 31 to Slip Rd to Gibbons Ln. 9 Gibbons is the Yellow Multifamily on the left behind the pond.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 120.28
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 6516
  • Sq Ft - Apx Total Finished: 4344
  • Property Type: Multi-Family
  • Year Built: 1981
  • Remarks Public: 9 Gibbons Ln. Greenfield, NH 03047. VERY RARE 4-PLEX (Four multi-level Townhouses or 2 Duplexes conjoined). This 4 Unit Multifamily is a CASH COW with $63,600 Annual Gross Rent with $53,000-ish Annual Net Profit for a 10% CAP Rate! All 4 Townhouses are identical in layout size for each unit: 2 Floors, 1,086 sq ft, 2 Huge Bedrooms, each unit has their own private internal basement with own Washer & Dryer, Stainless Steel Dishwashers, Patios, real Hardwood Floors throughout (besides bathroom). Tenants pay their Separate Utilities. Electric everything. No fuel systems to ever replace. Fully Occupied. BUILT IN 1981 which is rare great aspect of this property, since most NH 4 unit Multifamily's were built 1800-1920. 3.7 Acres Huge Yards & lots of parking. Tenants Mow/Rake/Shovel walkways. Waterfront Pond & Mountain Views from parts of property depending on time of year. Apt #'s 1 & 3 were fully Renovated with Dual Thermal Pane Vinyl Windows, Stainless Steel Appliances, Paint, Bathrooms, Fixtures, Water Heaters, etc. Buyer must show Proof of Cash or Pre-Approval Letter dated within the last 90 days, before scheduling a showing. Will easily pass FHA, VA or Conventional. Potentially great Condexing resale investment for re-sale at $170,000+ per townhouse for $680,000+ total if Town approves & your Buyer wants to in future. Listing Agent is the Seller. See my other personal Multifamily's For Sale at 99 Lake Shore Dr. Northwood, NH & 7 Island St. Wilton, NH.
  • L A1 M M S I Memberkey: 17781
  • List Agent: 24758
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 74357
  • S A1 M M S I Memberkey: 392247
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 70122
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood
  • Total Rooms Above Ground: 20
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Concrete Floor, Stairs - Interior, Unfinished, Interior Access
  • Sq Ft - Apx Finished AG: 4344
  • Sq Ft - Apx Unfinished BG: 2172

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Poured Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Fence - Partial, Natural Shade, Patio, Shed, Storage, Windows - Double Pane
  • Water Body Type: Pond
  • Water Restrictions: Unknown
  • Water Body Name 2: Unnamed
  • Waterfront: Yes
  • Waterfront Rights: Exclusively Owned
  • Water View: Yes

Garage/Parking

  • Parking: Parking Spaces 21+, Paved

Utilities

  • Cable Company: TDS Charter or DirecTv
  • Electric: Circuit Breaker(s)
  • Fuel Company: no fuel.
  • Sewer: 1000 Gallon, 1500+ Gallon, Leach Field, Private, Septic
  • Water: Dug Well, Private
  • Water Heater: Electric, Separate
  • Heating Fuel: Electric
  • Heating: Baseboard, Electric, Multi Zone
  • Electric Company: Eversource
  • Separate Utilities: Yes
  • Total Electric Meters: 5
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 4
  • Trash: Dumpster
  • Utilities: Cable, High Speed Intrnt -Avail, Satellite

Schools

  • School District: Contoocook Valley SD SAU #1
  • Elementary School: Greenfield Elem School
  • Middle School: South Meadow School
  • High School: Contoocook Valley Regional Hig
  • Elementary School: Greenfield Elem School
  • High School: Contoocook Valley Regional Hig

Lot Info

  • Map: R4
  • Lot: 51
  • Lot Sq Ft: 161172
  • Lot Acres: 3.7
  • Lot Description: Country Setting, Landscaped, Level, Mountain View, Pond, Pond Frontage, Secluded, Street Lights, Trail/Near Trail, Walking Trails, Water View, Waterfront, Wooded
  • Surveyed: Unknown
  • Zoning: GRD
  • Deed Book: 8968
  • Deed Page: 2786
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 63600
  • Net Income: 61608
  • Total Full Baths: 4
  • Total Units: 4
  • Total2 Bedroom Units: 4

Tax Info

  • Tax Gross Amount: 8740
  • Tax Year: 2020

MLS Schools

  • School District: Contoocook Valley SD SAU #1
  • School Middle Jr: South Meadow School

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
04/02/2021 04/02/21 Sold $522,500 -5.0% $120 / Sq Ft
02/07/2021 02/07/21 Price Changed $550,000 +2.0% $127 / Sq Ft
02/06/2021 02/06/21 Pending -- -- --
02/04/2021 02/04/21 Price Changed $539,000 -2.0% $124 / Sq Ft
11/21/2020 11/21/20 Price Changed $550,000 -4.3% $127 / Sq Ft
10/30/2020 10/30/20 For Sale $575,000 +102.3% $132 / Sq Ft
05/16/2017 05/16/17 Sold $284,200 -5.2% $72 / Sq Ft View Prior Sale
03/12/2017 03/12/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $299,900 +9.1% $76 / Sq Ft
08/14/2015 08/14/15 Sold $275,000 -8.3% $70 / Sq Ft View Prior Sale
07/16/2015 07/16/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $299,900 -- $76 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4836600

PrimeMLS

APN: R4-51