Bought with Liz Billings • Coldwell Banker Realty Gilford NH
$1,000,000
$1,150,000
13.0%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
6 Baths
5,010 SqFt
SOLD DATE : 08/28/2025
Key Details
Sold Price $1,000,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,010 sqft
Price per Sqft $199
MLS Listing ID 5038949
Sold Date 08/28/25
Bedrooms 6
Full Baths 6
Construction Status Existing
Year Built 1918
Lot Size 5,662 Sqft
Acres 0.13
Property Description
This price is for one parcel. Other parcel(MLS#5039202) valued at 145K+. See MLS #: 5038508 for discount package** The stunning brick building has been incredibly transformed from the studs up in 2024 with brand-new everything from the sheetrock walls to the ceilings. Prepare to be captivated by the stunning curb appeal, featuring a revitalized exterior brick facade, sleek new siding, and a bold new gable roof. The new roof replaced the flat roof elevating its architectural charm. The new wide expansive windows invites abundant natural light, while the stylish black-framed doors add a nice contemporary touch. The upgrades extend to the mechanical systems, including new electrical wiring with recessed lighting, efficient mini-split heating, and professionally designed plumbing. Step inside to explore beautifully redesigned units featuring fully updated bathrooms, kitchens with stainless steel appliances, and premium flooring. Each unit showcases contemporary design with high ceilings, open-concept layouts, and character from stylish brick backsplash accents. Tenants love the newly built back decks, ideal for relaxing on summer days. The property features ample parking in the rear, fully paved with newly marked lines. The building is equipped with a new sprinkler&fire alarm system. There is nothing to do than to collect income with a potential ~9% cap rate, and 13%+ CoC return. The 2nd parcel is approved for either a single or a duplex with 1 BRs. Showings on Sat May 10 &12
Location
State NH
County Nh-merrimack
Area Nh-Merrimack
Zoning commercial
Rooms
Basement Entrance Walk-up
Basement Bulkhead, Concrete Floor, Full
Interior
Cooling Other, Wall AC Units
Exterior
Utilities Available Cable Available
Roof Type Membrane
Building
Story 2
Sewer Public
Architectural Style Federal, Freestanding, Multi-Family
Construction Status Existing
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