Easy to manage investment opportunity! Four condominiums in the same building of small association being sold as a package. Three units with 3 bedrooms and One 2 bedroom unit. Current rents generate an 8% cap rate with room to increase rents for even greater return. Many recent updates to the association including metal roof, High Efficiency Natural Gas Boiler and Hot Water Heater, Updated electric, Vinyl Windows throughout. Units are all updated and in good condition. Showings by appointment to pre-approved buyers. Seller is participating in a 1031 tax deferred exchange.
Off market
Street View
$646,600
94 Maple St #A-B, Somersworth, NH 03878
--beds
0baths
3,296sqft
MultiFamily
Built in 1972
-- sqft lot
$646,600 Zestimate®
$196/sqft
$2,151 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard, Gas, Oil
Cooling
- None
Features
- Flooring: Carpet, Laminate, Linoleum / Vinyl
Interior area
- Total interior livable area: 3,296 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Vinyl
Lot
- Size: 1.37 Acres
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Metal
Condition
- Year built: 1972
Utilities & green energy
- Electric: Circuit Breaker(s)
- Sewer: Public
- Utilities for property: Cable - Available
Community & neighborhood
Location
- Region: Somersworth
Other
Other facts
- Construction: Wood Frame
- Driveway: Paved
- Electric: Circuit Breaker(s)
- Flooring: Carpet, Vinyl, Laminate
- Heat Fuel: Gas - Natural
- Roads: Public, Paved
- Sewer: Public
- Water: Public
- Unit 3 Rental Amt Freq: Monthly
- Construction Status: Existing
- Income Data Source: Owner Records
- Lot Description: Level
- Parking: Off Street
- Unit 3 Rental Agremnt: Yes
- Road Frontage: Yes
- Unit 4 Rental Amt Freq: Monthly
- Unit 1 Lease Term: Month to Month
- Unit 1 Rental Amt Freq: Monthly
- Unit 2 Rental Amt Freq: Monthly
- Heating: Hot Water, Baseboard
- Roof: Metal
- Water Heater: Off Boiler
- SqFt-Apx Fin AG Source: Municipal
- Exterior: Vinyl
- Unit 4 Lease Term: Month to Month
- Total Stories: 2.5
- Style: Garden
- Features - Exterior: Balcony
- Cooling: Attic Fan
- Zillow Group: Yes
- SqFt-Apx Fin BG Source: Municipal
- Easements: Unknown
- Unit 1 Tenant Pays: Electric
- Unit 2 Tenant Pays: Electric
- Unit 3 Tenant Pays: Electric
- Unit 4 Tenant Pays: Electric
- Foundation: Poured Concrete
- Unit 2 Lease Term: Month to Month
- Utilities: Cable - Available
- Financing-Possible Opt: Cash, Conventional
- Listing Status: Active