List Price: $600,000 | $163 per sq.ft. Multi Family
Price Change! Reduced by $125,000 down 21% on August 13th 2024
A 4 Unit Multi Family Home
With 3 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units Under Contract Listed Saturday Jun 15, 2024 | MLS# 5000717


Great location for this 4 unit building with a strong rental history just 5 miles to North Conway Village. First floor Apt 2 is updated with vinyl plank floors, stainless appliances, custom cabinets and in unit washer/dryer. Apt 1, also on the 1st floor, is the largest, with an eat-in kitchen, living room, 2 bedrooms and a full bath. There is a lock out door to another bath, not currently plumbed, which leads to the attached garage which could be upgraded by a future owner. The garage is currently rented separately to a tenant who stores 2 small cars. Upstairs, via a separate entrance from the covered porch, are apartments 3 and 4, both 1 bedroom units, with a common hall. All apartments have separate entrances and exits, including a second exit via back stairs from the 2nd floor to a small covered deck. The parking lot is enormous; vehicles can park on either side of the building. A big plus is the basement, accessed currently via bulkhead, it also has inside stairs from the garage, incredible ceiling height and would make a terrific workshop. A raised entry would add storage income potential. Three of the tenants have been here 10+ years. They enjoy gardening, the great location and the larger floor plans that each unit enjoys. Seller financing possible to qualified buyer with 30% down, 5.5% interest, amortized over 25 years, with a 10 year balloon. Showings by appointment only.
Location : Rural
Operating Expenses : Maintenance,Other,Sewer,Snow Removal,Trash,Water
Annual Expenses

Taxes: $5,760
Income
Appliances : Water Heater – On Demand | Water Heater – Separate

UNIT 1

Beds: 2
Baths: 1
Rooms: 4
Level: 1
Info : Deck,Porch,Range - Electric,Refrigerator
Tenant Pays : Electric,Heat,Hot Water,Internet Service
Rent : 1505.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 2

Beds: 1
Baths: 1
Rooms: 4
Level: 1
Info : Dishwasher,Dryer,Microwave,Range - Electric,Refrigerator,Washer
Tenant Pays : Electric,Heat,Hot Water,Internet Service
Rent : 1245.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 3

Beds: 1
Baths: 1
Rooms: 3
Level: 2
Info : Range - Electric,Refrigerator
Tenant Pays : Electric,Heat,Hot Water,Internet Service
Rent : 975.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 4

Beds: 1
Baths: 1
Rooms: 3
Level: 2
Info : Range - Gas,Refrigerator
Tenant Pays : Electric,Heat,Hot Water,Internet Service
Rent : 935.00 Monthly
Lease Term : Annual
Status : Leased
Construction: Wood Frame | Clapboard Exterior | Shingle Siding
Year Built: 1940
Style: Apartment Building | Gambrel
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 5760
Above Grade Sq.Ft.: 3680
Basement: Bulkhead | Concrete | Concrete Floor | Stairs - Exterior | Storage Space | Unfinished
Foundation: Block | Concrete
Exterior Features:
Deck | Porch - Covered
Exterior Color: Tan
Roof: Metal | Shingle - Asphalt
Seasonal: No
Heating: Electric | Hot Water
Cooling: None
HeatFuel: Electric | Gas - LP/Bottle
Electric: Circuit Breaker(s)
Trash: Dumpster
Utilities: Cable - At Site | Gas - LP/Bottle
Electric Meters: 5
Gas_Meters: 4
Water: Drilled Well | Private
Sewer: 1000 Gallon | On-Site Septic Exists | Private
Land Information
Country Setting | Level | Sloping
Lot size: 5.6 acres
Zoned: RA)
Surveyed: Unk
Flood Zone: Unknown
Roads: Paved | Public
Road Frontage: 920
Driveway: Dirt | Gravel


Easement - Yes
Block - /
Taxes $5,760
Assesed Value Not Reported
Schools

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