112 WEST MAIN STREET Hillsborough, NH 03242 | Multi-Family
$403,000 ![]()
Closed
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5854 sqft.
Listing Courtesy of
Pierre Peloquin Realty
Description
SUPERB 5-UNIT RESIDENTIAL INVESTMENT LOCATED WITHIN WALKING DISTANCE TO DOWNTOWN HILLSBORO. A UNIQUE MIX OF THREE 2-BDRM TOWNHOUSE STYLE UNITS, A REMODELED SPOTLESS 2 BDRM UNIT & A LOVELY 1-BDRM UNIT. TENANTS PAY ALL UTILITIES, VINYL SIDED, UPGRADED ELECTRIC, PLENTY OF PARKING ON A SPACIOUS .43 ACRE CORNER LOT W/TOWN WATER & SEWER. Many long term residents that all get along and respect the property. EASILY MANAGED. Current Gross $49,620.00 with easy potential to bring to market rents of $59,500.00/year. Expenses of $16,545.00 ( includes taxes) for a current NET OF $33,075. All tenants are tenant at will and pay monthly DIRECT DEPOSIT into owners account. TRULY AN EASILY MANAGED "hands off" INVESTMENT
Property Details
List Price
$410,000
Sold Price
$403,000
List Date
2021-09-10
Sold Date
2021-10-18
MLS ID
4882109
Status
Closed
Property Type
Multi-Family
County
NH-Hillsborough
Days on Market
18
structure
AG Finished Area
5854.0
basement
Yes
cooling
None
Features Exterior
Porch - Covered
flooring
Carpet, Hardwood, Softwood, Vinyl
foundation details
Brick, Concrete, Granite
garage y n
No
heating
Baseboard, Gas Heater - Vented, Hot Water, Individual, Radiator, Space Heater
living area
5854.0
living area units
Square Feet
new construction
Existing
Parking Features
Crushed Stone
roof
Rolled, Shingle
stories
2
year built
1903
characteristics
Acres
0
lot size area
0.43
Lot SqFt
18731.0
lot size units
Acres
# of Units
5
road frontage type
Paved, Public
road surface type
Paved, Public
tax
tax annual amount
7857.0
tax year
2021
zoning
residential
financial
gross income
49620.0
net operating income
33075.0
operating expense
16545.0
contract
foreclosure y n
No
compensation
Buyer Agency Comp.
2
Buyer Agency Comp. Type
%
Non-Rep Comp.
2
Compensation Disclaimer
The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 3/18/2024 5:46:05 AM (UTC)
