10-12 South State Street Concord NH Multi Family For Sale $675000

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10-12 South State Street Concord NH
Listed by Beth Ottana Nexus Realty, LLC

Description:

Updated and well-maintained large 3-unit property conveniently located close to downtown Concord shopping and restaurants offers the perfect opportunity for an investor wanting to expand a portfolio or owner-occupant buyer looking to offset costs with rental income. Units boast wood floors, modern kitchens, separate utilities, fenced yard and off-street parking. In addition, current owner augments monthly income by leasing extra parking spaces to neighboring dental office. Smaller unit has LR, eat-in kitchen, laundry room with half bath, and 2 spacious bedrooms with full bath. Larger units feature updated kitchens, large dining and living rooms, 3 bedrooms, 2 baths plus expansion possibiites on 3rd floor of each unit. Owner would like to sell property in conjunction with 4 Wall Street property - see MLS #5035858. Open House Sunday, April 13th from 10-12 pm. Operating Expenses : Insurance,Other,Water/Sewer

Annual Expenses

Taxes: $15,675

Income
Gross Income | $75,840
NetIncome | $54,521

Unit Information:

UNIT 1

Beds: 3
Baths: 2
Rooms: 0
Tenant Pays : Electric,Heat,Hot Water
Rent : 2100.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 2

Beds: 3
Baths: 2
Rooms: 0
Tenant Pays : Electric,Heat,Hot Water
Rent : 1995.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 3

Beds: 2
Baths: 1
Tenant Pays : Electric,Heat,Hot Water
Rent : 1750.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

Construction Information:

Construction: Vinyl Siding
Year Built: 1880
Style: New Englander
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 8517
Above Grade Sq.Ft.: 5123
Basement: Stairs - Exterior | Stairs - Interior | Unfinished | Interior Access | Exterior Access
Foundation: Brick | Fieldstone

Exterior Features:
Fence - Partial | Garden Space | Porch - Covered
Exterior Color: White
Roof: Shingle - Architectural
Seasonal: No

Heating: Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Gas - Underground
Electric Meters: 3
Gas_Meters: 3
Water: Public
Sewer: Public

Additional Information

Docs Available : Deed | Property Disclosure | Tax Map
Block - Z20
Taxes $15,675
Assesed Value Not Reported

Schools
School District: Concord School District SAU #8
Middle School: Rundlett Middle School
High School: Concord High School

565 Maple Street, White River Junction, Vermont. 05001 802-295-1355
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