List Price: $719,900 | $180 per sq.ft. Multi Family A 3 Unit Multi Family Home
With 0 One Bedroom Units , 1 - Two Bedroom Units ,2 - Three Bedroom Units Listed Thursday Oct 10, 2024 | MLS# 5018215
With 0 One Bedroom Units , 1 - Two Bedroom Units ,2 - Three Bedroom Units Listed Thursday Oct 10, 2024 | MLS# 5018215
Welcome to 39 Chestnut
Waldron Ave Side View
Spacious Level Backyard
Unit A Kitchen
Unit B Kitchen
Unit C Kitchen
Unit A Living Room
Unit A Dining Area
Unit A Primary Bedroom
Unit A Bedroom #2
Unit A Bedroom #3
Unit B Laundry
Unit A Enclosed Porch
Unit B Entrance
Unit B Porch
Unit B Living Room
Unit B Primary Bedroom
Unit B Primary Bedroom view 2
Unit B Bathroom
Unit B Bedroom #2
Unit B Dining Area
Unit B Kitchen view 2
Unit B Windowseat
Unit C Living Room
Unit C Primary Bedroom
Unit C Bedroom #2
Unit C Hallway to Bath
Unit C Bath
Unit C Enclosed Porch
Great Yardspace
Paved Off Road Parking
Garage Workshop Space
This spacious 3-unit multifamily generates over $74,000 gross income annually. With an 8.26% cap rate & fully leased, this will be an easy transfer and a quick close is possible. Perfect opportunity for a first time investor or a 1031 Exchange. Sited on an open, level, corner lot this property offers over 4000 square feet of finished living space featuring updated kitchens, hardwood floors and vinyl siding to name a few. Wiring and plumbing updates as well as a new roof w/in the past 8 years in addition to an extensive list of more recent improvements. Ample off-street parking available for tenants in addition to several designated public parking spaces on Waldron Ave. Excellent proximity to downtown, highways, hospitals, shopping & schools. Delayed Showings begin Friday, 10/18/24.
Operating Expenses : Insurance,Other,Snow Removal,Water/Sewer
Annual Expenses
Taxes: $7,465
Taxes: $7,465
Income
Gross Income | $74,700
NetIncome | $59,446
Gross Income | $74,700
NetIncome | $59,446
Appliances : Water Heater–Natural Gas
UNIT 1
Beds: 3
Baths: 1
Rooms: 0
Info : Appliances Included,Ceiling Fan,Dishwasher,Heat - Natural Gas,Microwave,Range - Electric,Refrigerator
Tenant Pays : Electric,Heat
Rent : 2450.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 2
Beds: 3
Baths: 1
Rooms: 0
Info : Appliances Included,Ceiling Fan,Microwave,Range - Electric,Refrigerator
Tenant Pays : Electric,Heat
Rent : 2250.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 3
Beds: 2
Baths: 1
Info : Appliances Included,Ceiling Fan,Range - Gas,Refrigerator
Tenant Pays : Electric,Heat
Rent : 1525.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
Construction: Wood Frame | Vinyl Siding
Year Built: 1901
Style: Colonial
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 4337
Above Grade Sq.Ft.: 3563
Below Grade Sq.Ft.: 438
Basement: Bulkhead | Partially Finished | Stairs - Interior | Interior Access
Foundation: Stone
Year Built: 1901
Style: Colonial
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 4337
Above Grade Sq.Ft.: 3563
Below Grade Sq.Ft.: 438
Basement: Bulkhead | Partially Finished | Stairs - Interior | Interior Access
Foundation: Stone
Exterior Features:
Balcony | Porch - Enclosed | Shed
Exterior Color: White
Roof: Shingle - Architectural
Garage And Parking: Driveway | Off Street | On Street | Parking Spaces 1 - 10 | Paved
Seasonal: No
Balcony | Porch - Enclosed | Shed
Exterior Color: White
Roof: Shingle - Architectural
Garage And Parking: Driveway | Off Street | On Street | Parking Spaces 1 - 10 | Paved
Seasonal: No
Heating: Natural Gas | Baseboard | Electric | Gas Heater | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Gas - On-Site
Electric Meters: 3
Gas_Meters: 2
Water: Public
Sewer: Public
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Gas - On-Site
Electric Meters: 3
Gas_Meters: 2
Water: Public
Sewer: Public
Land Information
City Lot | Corner | Landscaped | Level | Sidewalks | Street Lights
Lot size: 0.29 acres
Zoned: R2)
Surveyed: Unk
Flood Zone: Unknown
Roads: Paved | Public
Road Frontage: 129
Driveway: Paved
City Lot | Corner | Landscaped | Level | Sidewalks | Street Lights
Lot size: 0.29 acres
Zoned: R2)
Surveyed: Unk
Flood Zone: Unknown
Roads: Paved | Public
Road Frontage: 129
Driveway: Paved
Block - 0097
Taxes $7,465
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