List Price: $699,000 | $356 per sq.ft. Multi Family
Price Change! Reduced by $50,000 down 7% on October 11th 2024
A 5 Unit Multi Family Home
With 4 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units Listed Wednesday Jul 10, 2024 | MLS# 5004374
Price Change! Reduced by $50,000 down 7% on October 11th 2024
A 5 Unit Multi Family Home
With 4 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units Listed Wednesday Jul 10, 2024 | MLS# 5004374
45 E
45 E
45 E
45 E
45 F
45 F
45 F
45 F
Introducing a fantastic investment opportunity blocks from the beach and boardwalk. This cottage-style property is comprised of five units within four cottages. The units consist of 1 two bedroom, 1 one + bedroom, 2 one bedrooms, and one studio. This property is conveniently located with ease of access to commuter routes. All units have separate gas/electric meters. One + parking space per unit with the town lot next door. The property is being sold as is. Year-round tenants currently occupy all units. Do not disturb tenants.
Operating Expenses : Insurance,Other,Snow Removal,Utilities,Water
Annual Expenses
Taxes: $6,807
Taxes: $6,807
Income
Gross Income | $72,900
NetIncome | $56,866
Gross Income | $72,900
NetIncome | $56,866
UNIT 2
Beds: 2
Baths: 1
Rooms: 3
Sq.Ft.: 478
Info : Appliances Included
Tenant Pays : Electric,Heat,Hot Water
Rent : 1300.00 Monthly
Lease Term : Month to Month
Signed Lease : No
Status : Month to Month
UNIT 3
Beds: 1
Baths: 1
Rooms: 2
Sq.Ft.: 309
Info : Appliances Included
Tenant Pays : Electric,Heat,Hot Water
Signed Lease : No
Status : Vacant
UNIT 4
Beds: 1
Baths: 1
Rooms: 2
Sq.Ft.: 309
Info : Appliances Included
Tenant Pays : Electric,Heat,Hot Water
Rent : 1300.00 Monthly
Lease Term : Annual
Status : Leased
UNIT 5
Beds: 1
Baths: 1
Rooms: 3
Sq.Ft.: 594
Info : Appliances Included
Tenant Pays : Electric,Heat,Hot Water
Rent : 1400.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Construction: Vinyl Siding
Year Built: 1930
Style: Multi-Family
Floors | Stories: 1
No. Elevators:
Total Sq.Ft. Finished: 1962
Above Grade Sq.Ft.: 1962
Foundation: Block
Year Built: 1930
Style: Multi-Family
Floors | Stories: 1
No. Elevators:
Total Sq.Ft. Finished: 1962
Above Grade Sq.Ft.: 1962
Foundation: Block
Roof: Shingle
Seasonal: No
Seasonal: No
Heating: Natural Gas | Hot Air
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable - At Site | Gas - On-Site
Electric Meters: 5
Gas_Meters: 5
Water: Public
Sewer: Public
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable - At Site | Gas - On-Site
Electric Meters: 5
Gas_Meters: 5
Water: Public
Sewer: Public
Land Information
City Lot
Lot size: 0.19 acres
Zoned: RB)
Surveyed: Yes
Flood Zone: Yes
Roads: Public
Driveway: Crushed Stone
City Lot
Lot size: 0.19 acres
Zoned: RB)
Surveyed: Yes
Flood Zone: Yes
Roads: Public
Driveway: Crushed Stone
Block - 75
Taxes $6,807
Assesed Value Not Reported
Schools
PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion
of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the
nature of the relationships brokers have or may have with customers and clients. Each state requires that a disclosure form be presented to
consumers for their review and acknowledgment at the appropriate time. These forms can be accessed here:
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM