532 Main Street Farmington, NH SOLD
$1,100,000
Beds 4
Baths 14
Square Footage 8,050
Acres 0.21
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Description
Great Investment Opportunity with excellent cash flow and strong rental history! This large 3 story multi-unit building consists of 14 apartments, and is located within walking distance to downtown. This complex is made up of (1) Three Bedroom, (1) Two Bedrooms and (12) One Bedrooms, although several of the one bedroom units have a bonus room that is typically used as a second bedroom. All units are currently occupied, the lease rates are below-market rents offering the new owner potential to quickly add value. There are many recent upgrades to the individual units and the property as a whole. We will begin scheduling showings Wednesday, September 8th, call or text agent to schedule. 24 hour notice is required in order to notify tenants.
Listed by Winsor Brook Property Advisors/Dover, Scott Smith & Carly Boucher
Sold by BHHS Verani Londonderry, Robert Waldron 603-434-2377
Details
MLS 4880720
Price $1,100,000
Status Closed
DOM 89 days
Type Multi-Family
Beds 4
Square Feet 8,050 sqft
Lot Size 0.21 acres
Year Built 1900
Lot & Building Features
Utilities Internet - Cable
Cooling None
Heat Source Oil
Heating Hot Water
Parking Description Off Street, Paved, Parking Spaces 11 - 20
Sewer Public
Tax Year 2020
Basement Description Concrete Floor, Unfinished, Storage - Locked, Stairs - Interior
Foundation Block
Roof Shingle - Asphalt
Features Exterior Porch
Garage No
Unit Features
Unit 1 Rental Amt Freq Monthly
Unit 2 Rental Amt Freq Monthly
Unit 4 Baths 1
Unit 4 Bedrooms 1
Unit 4 Rental Amt Freq Monthly
Unit 5 Baths 1
Unit 5 Bedrooms 1
Unit 5 Rental Amt Freq Monthly
Unit 6 Baths 1
Unit 6 Bedrooms 1
Unit 6 Rental Amt Freq Monthly
Unit 7 Baths 1
Unit 7 Bedrooms 1
Unit 7 Rental Amt Freq Monthly
Schools
Elementary School Valley View Community Elem
Junior High School Henry Wilson Memorial School
Senior High School Farmington Senior High School
Map
Multi-Family Home for Sale: 532 Main Street, Farmington, NH 03835 SOLD
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.