List Price: $469,000 | $165 per sq.ft. Multi Family A 4 Unit Multi Family Home
With 4 One Bedroom Units , 0 - Two Bedroom Units ,0 - Three Bedroom Units Listed Wednesday Oct 2, 2024 | MLS# 5016850
With 4 One Bedroom Units , 0 - Two Bedroom Units ,0 - Three Bedroom Units Listed Wednesday Oct 2, 2024 | MLS# 5016850
Back/Side Yard
Side Yard
Apt 1
Apt 1
Apt 1
Apt 1
Apt 2
Apt 2
Apt 2
Apt 2
Apt 2
Apt 2
Bonus Room
Back Hallway
Side Hallway
Apt 3
Apt 3
Apt 3
Apt 4
Apt 4
Basement
Basement
Basement
Basement
Attic
Attic
Attic
Fantastic turnkey investment opportunity in downtown Raymond! This well maintained property features 4, 1BR units, each is tenant occupied, assuring instant income. Potential abounds to renovate the expansive, unused attic space, in current state of disrepair, for additional living space and rental income. Colorful, fragrant lilacs and other vegetation surround this quaint and sunny lot. Recently updated septic. Situated in the heart of Raymond, residents will enjoy proximity to the scenic Lamprey River for fishing or boating, as well as the nearby rail trail for various outdoor activities. Walking distance to nearby shops, restaurants, town offices and common, as well as the local library add to the overall convenience and charm of this location. Property being sold as-is. Scheduled showings begin Saturday, 10/5 from 11-3 and Sunday, 10/6 from 10-12.
Location : Commercial Zoning | In Town
Operating Expenses : Heat,Insurance,Maintenance,Other,Snow Removal,Water
Location : Commercial Zoning | In Town
Operating Expenses : Heat,Insurance,Maintenance,Other,Snow Removal,Water
Annual Expenses
Taxes: $6,342
Taxes: $6,342
Income
Gross Income | $50,600
NetIncome | $33,217
Gross Income | $50,600
NetIncome | $33,217
UNIT 1
Beds: 1
Baths: 1
Rooms: 3
Info : Appliances Included,Heat Included,Hot Water,Range - Electric,Refrigerator
Tenant Pays : Electric,Internet Service
Rent : 900.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month
UNIT 2
Beds: 1
Baths: 1
Rooms: 3
Info : Appliances Included,Heat Included,Hot Water,Porch,Range - Electric,Refrigerator
Tenant Pays : Electric,Internet Service
Rent : 1400.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 3
Beds: 1
Baths: 1
Rooms: 3
Info : Appliances Included,Heat Included,Hot Water,Range - Electric,Refrigerator
Tenant Pays : Electric,Internet Service
Rent : 1200.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 4
Beds: 1
Baths: 1
Rooms: 4
Info : Appliances Included,Heat Included,Hot Water,Range - Electric,Refrigerator
Tenant Pays : Electric,Internet Service
Rent : 1300.00 Monthly
Lease Term : Month to Month
Status : Month to Month
Construction: Wood Frame | Wood Exterior
Year Built: 1900
Style: Multi-Family
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 4190
Above Grade Sq.Ft.: 2840
Basement: Bulkhead | Gravel | Unfinished | Interior Access | Exterior Access
Foundation: Stone
Year Built: 1900
Style: Multi-Family
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 4190
Above Grade Sq.Ft.: 2840
Basement: Bulkhead | Gravel | Unfinished | Interior Access | Exterior Access
Foundation: Stone
Exterior Color: white
Roof: Shingle - Asphalt
Garage And Parking: Deeded
Seasonal: No
Roof: Shingle - Asphalt
Garage And Parking: Deeded
Seasonal: No
Heating: Hot Water
Cooling: None
HeatFuel: Oil
Electric: Circuit Breaker(s)
Trash: Tenant
Utilities: Cable - Available
Electric Meters: 5
Water: Public
Sewer: 1500+ Gallon | Concrete | Leach Field - Existing | Private | Septic Design Available
Cooling: None
HeatFuel: Oil
Electric: Circuit Breaker(s)
Trash: Tenant
Utilities: Cable - Available
Electric Meters: 5
Water: Public
Sewer: 1500+ Gallon | Concrete | Leach Field - Existing | Private | Septic Design Available
Land Information
Country Setting | Landscaped | Level
Lot size: 0.12 acres
Zoned: Commercial)
Surveyed: Yes
Flood Zone: No
Roads: Dead End | Paved | Public
Road Frontage: 57
Driveway: Common/Shared | Paved | Right-Of-Way (ROW)
Country Setting | Landscaped | Level
Lot size: 0.12 acres
Zoned: Commercial)
Surveyed: Yes
Flood Zone: No
Roads: Dead End | Paved | Public
Road Frontage: 57
Driveway: Common/Shared | Paved | Right-Of-Way (ROW)
Block - 0
Taxes $6,342
Assesed Value Not Reported
Schools
School District: Raymond
Elementary School: Lamprey River Elementary
Middle School: Iber Holmes Gove Middle Sch
High School: Raymond High School
School District: Raymond
Elementary School: Lamprey River Elementary
Middle School: Iber Holmes Gove Middle Sch
High School: Raymond High School
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