Bought with Cornelius Hobbs • KW Coastal and Lakes & Mountains Realty
$710,000
$750,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
74 Railroad AVE Epping, NH 03042
10 Beds
6 Baths
4,740 SqFt
Key Details
Sold Price $710,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,740 sqft
Price per Sqft $149
MLS Listing ID 4978466
Sold Date 07/24/24
Bedrooms 10
Full Baths 6
Construction Status Existing
Year Built 1883
Annual Tax Amount $8,214
Tax Year 2023
Lot Size 0.830 Acres
Acres 0.83
Property Description
Fantastic investment opportunity with this 5-unit property, boasting an impressive annual gross income surpassing $100,000. Positioned in a highly desirable location, the property ensures convenient access to amenities and major highways, catering to both tenant satisfaction and efficient property management. Beyond its immediate income potential, this investment gem presents a unique possibility for subdivision, adding a layer of versatility and potential appreciation. Ample off-street parking, additionally, several units come equipped with washer and dryer hookups, that elevate the property's appeal and attract responsible, long-term renters. Enjoy the benefits of stable cash flow, low vacancy rates, and the promise of future appreciation in a thriving real estate market. Don't miss the chance to secure your position in this property, whether you're a seasoned investor or entering the real estate arena. Act now to capitalize on the immediate returns and long-term growth potential offered by this exceptional 5-unit property.
Location
State NH
County Nh-rockingham
Area Nh-Rockingham
Zoning Commercial
Rooms
Basement Entrance Walkout
Basement Concrete Floor, Dirt Floor, Sump Pump
Interior
Heating Gas - LP/Bottle, Oil
Cooling None
Flooring Carpet, Ceramic Tile, Hardwood, Laminate
Exterior
Garage Spaces 1.0
Garage Description Off Street, Attached
Utilities Available Gas - LP/Bottle
Roof Type Metal,Shingle - Asphalt
Building
Story 2
Foundation Granite
Sewer Public
Construction Status Existing
Schools
Elementary Schools Epping Elem School
Middle Schools Epping Middle School
High Schools Epping Middle High School
School District Epping School District Sau #14
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