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Listed by Matthew Lefebvre and Jessica Stevenson of Elm Grove Realty
Six-unit investment property for sale comprised of a single large building (over 7,700 sq feet of living space) with varying sized units. There is a mix of 1BR apartments all the way up to a 4/5BR apartment with separate natural gas heat (forced hot water) and separate electric. There are a handful of on-site, off-street parking spots, plus an additional six spaces that are currently being leased from an adjacent property in order to provide adequate parking to the tenants. Several units are significantly under-market rent allowing for a new owner to come in and simply raise rents as leases expire with minimal improvement work required. There are also a couple units that have been turned in the last few months and feature new painting and flooring. The roof on the back half of the building was replaced within the last year, as well as the two hot water tanks. Schedule your showing today to see if this could be your next investment property! One or more members of the selling entity is a licensed NH real estate salesperson. 48-hour notice required, as units are currently occupied.

Property Details of 363 Amherst Street

Property Details

Interior Features

  • Description: Six-unit investment property for sale comprised of a single large building (over 7,700 sq feet of living space) with varying sized units. There is a mix of 1BR apartments all the way up to a 4/5BR apartment with separate natural gas heat (forced hot water) and separate electric. There are a handful of on-site, off-street parking spots, plus an additional six spaces that are currently being leased from an adjacent property in order to provide adequate parking to the tenants. Several units are significantly under-market rent allowing for a new owner to come in and simply raise rents as leases expire with minimal improvement work required. There are also a couple units that have been turned in the last few months and feature new painting and flooring. The roof on the back half of the building was replaced within the last year, as well as the two hot water tanks. Schedule your showing today to see if this could be your next investment property! One or more members of the selling entity is a licensed NH real estate salesperson. 48-hour notice required, as units are currently occupied.

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Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated March 7, 2021.

 

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