NOT LISTED FOR SALE

Salem, NH 03079

Studio
20 Baths
1,708 Sq Ft
226,076 Sq Ft

Last Sold November 09, 2015

Last sale price $1,400,000 $820 Per Sq Ft

214 Days on Market

Highlights

  • Baseboard Heating
  • Level Lot
  • Carpet
  • North Salem Elementary School Rated A-

About This Home

As of November 2015

GREAT INVESTMENT OPPORTUNITY. RESIDENTIAL APARTMENTS. GREAT LOCATION IN SALEM, NH. 4 SEPARATE BUILDINGS. TWO/ 6-UNIT APARTMENT BUILDINGS AND TWO/ 4-UNIT APARTMENT BUILDINGS. TOTAL OF 20 UNITS. 17 (2-bedrooms) and 3 (1-bedroom). INDIVIDUAL SEPTIC/LEACH SYSTEMS FOR EACH.PRESENT RENT RANGE FROM $635-$1,000/MONTH.POTENTIAL FOR INCREASE IN ACCORDANCE WITH COMPETITIVE MARKET.OWNER/LANDLORD CURRENTLY RESPONSIBLE FOR HOT WATER, SNOW PLOWING, LANDSCAPE, TRASH.COMPLETE INCOME AND EXPENSES AVAILABLE UPON SIGNED RECEIPT OF CA.

Last Agent to Sell the Property

Vici Kramar

Berges Real Estate/Construction Company License #085185 Listed on: 01/15/2015

Last Buyer's Agent

A non PrimeMLS customer

A Non PrimeMLS Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,000

Year Built

  • 1969

Lot Details

  • 5.19 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Block Foundation
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 20 Full Bathrooms
  • 2-Story Property
  • Basement
  • Apartment Living Space in Basement

Flooring

  • Carpet
  • Vinyl

Parking

  • 1 Car Parking Space
  • Shared Driveway
  • Paved Parking
  • Visitor Parking
  • Assigned Parking

Utilities

  • Baseboard Heating
  • 200+ Amp Service
  • Private Water Source
  • Electric Water Heater
  • Septic Tank

Community Details

  • 20 Units
  • Gross Income $208,260

Listing and Financial Details

  • Rent includes ground maintenance, hot water, landscaping, plowing, trash

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,000

Year Built

1969

Lot Details

5.19 Acres

Listing Details

  • Status Detail: Closed
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Sq Ft - Apx Total Finished: 3416
  • Property Type: Multi-Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1969

Interior Features

  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 20
  • Basement: Yes
  • Basement Description: Apartments
  • Sq Ft - Apx Finished AG: 1708
  • Sq Ft - Apx Finished BG: 1708

Exterior Features

  • Driveway: Common/Shared, Paved
  • Exterior: Aluminum, Brick, Shingle
  • Foundation: Block, Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Parking: Assigned, Parking Spaces 1, Visitor
  • Garage Description: Assigned

Utilities

  • Electric: 200 Amp
  • Sewer: Septic
  • Water: Private
  • Water Heater: Electric
  • Heating Fuel: Electric
  • Heating: Baseboard, Electric
  • Electric Company: LIBERTY

Lot Info

  • Lot Sq Ft: 226076
  • Lot Acres: 5.19
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: RURAL

Rental Info

  • Rent Includes: Ground Maintenance, Hot Water, Landscaping, Plowing, Trash

Multi Family

  • Gross Income: 208260
  • Total Units: 20
  • Total1 Bedroom Units: 3
  • Total2 Bedroom Units: 17

Tax Info

  • Tax Gross Amount: 25000
  • Tax Year: 2014
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Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2015 11/09/15 Sold $1,400,000 -6.7% $820 / Sq Ft
08/17/2015 08/17/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $1,500,000 -- $878 / Sq Ft
Source: PrimeMLS

Tax History

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 $9,270 $526,700 $177,900 $348,800
2023 $8,933 $526,700 $177,900 $348,800
2022 $7,908 $492,700 $177,900 $314,800
2021 $7,873 $492,700 $177,900 $314,800
2020 $7,029 $319,200 $127,100 $192,100
2019 $7,016 $319,200 $127,100 $192,100
2018 $6,898 $319,200 $127,100 $192,100
2017 $6,652 $319,200 $127,100 $192,100
2016 $6,521 $319,200 $127,100 $192,100
2015 $6,141 $287,100 $124,300 $162,800
2014 $5,969 $287,100 $124,300 $162,800
2013 $5,874 $287,100 $124,300 $162,800
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2015

    Vici Kramar

    Berges Real Estate/Construction Company

    (603) 893-8686

    4 Total Sales

    Vici Kramar
    Section Image

  • A

    Buyer's Agent in 2015

    A non PrimeMLS customer

    VT_ME_NH_NEREN

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Source: PrimeMLS

MLS Number: 4399405

PrimeMLS
New Hampshire Rockingham County Salem

03079

Not Listed for Sale

MultiFamily

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