This eight unit multi family property is located on East Rd. in Weare Center. The property is less then 200 yards from Route 114, leading to Manchester or Concord areas. The property as currently configured is comprised of four, 1 bedroom units and two, 2 bedroom units. Seven of the eight units are presently leased, the vacant unit is being renovated. Gross annual rents at present are $78,000, with expenses of $30,134. The units are leased on a gross basis, with all heat and utilities included. There is a laundry room on site that generates additional income. The property is located across the street from the town park and gazebo and abuts the Weare Public Library. Parking is on site. Plenty of outdoor recreational areas are nearby.
Listed by Dan Silva of Keller Williams Realty-Metropolitan
Very profitable 5 family with substantial income. Much of the interior lead paint has been abated. Many windows have been replaced, metal roof, new well pump, upgraded septic well maintained maintained, 6 yr old heating system, 5 hot water heaters, separate meters, 90% repainted, coin operated laundry, new electrical outlets, storm doors and more. Excellent location.Listing agent is related to seller. All appliances included. Shed for tools.
Listed by Ursula Gordon of Broadvest Real Estate Group
Federal 30-year interest rate: 3.95% last updated on 2017-04-27
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Copyright 2017 Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice. This web site is updated daily.