800-802 ROUTE 106 Loudon, NH 03307 | Multi-Family
$1,500,000 ![]()
Listing Courtesy of
Pierre Peloquin Realty
Description
"FLINTLOCK APARTMENTS" A SUPERB 12-UNIT Residential Garden-Style Complex consisting of Eight 2-Bdrm, Three 1-Bdrm and One Large 3 Bedroom unit conveniently located just a stones throw from Concord ( NH State Capital). TWO MODERN 6-Unit buildings constructed in 1969 & 1973 perfectly set on 4 Acres and surrounded by a pond and over 40 acres of Conservation land. Recent Capital Improvements include new vinyl windows & vinyl siding, , 4 year old asphalt roofs, plank laminate flooring, Plenty of paved parking + 12-bay carport/storage., Coin-Op laundry. Residents PAY ALL SEPARATE UTILITIES. Very well maintained by fussy property owner. Current Gross $134,700.00 with $27,500 Operating Expenses ( includes taxes). NET $ 107,200.00 Market rents easily support increases to $ 150,000.00 + Gross. With ONLY 2 OWNERS SINCE BUILT THIS REPRESENTS A TRULY UNIQUE OPPORTUNITY TO ACQUIRE 12-UNITS BELOW REPLACEMENT COST. 24 Hour Notice A MUST !!! Agents: Please see showing instructions
