Bought with Jacob Poulose • New Hampshire Real Estate Exchange
$560,000
$649,900
13.8%For more information regarding the value of a property, please contact us for a free consultation.
44+46 Kinsley Street Nashua, NH 03060
16 Beds
11 Baths
10,762 SqFt
Key Details
Sold Price $560,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,762 sqft
Price per Sqft $52
MLS Listing ID 4370596
Sold Date 11/24/14
Bedrooms 16
Full Baths 11
Construction Status Existing
Year Built 1904
Annual Tax Amount $11,470
Tax Year 2013
Lot Size 10,890 Sqft
Acres 0.25
Property Description
Excellent turnkey investment opportunity Two large buildings being sold together, a 4,700 sq.ft. 4-Family and a 6,000 sq.ft. 7-unit Triple Decker. Parking for 16 includes a 2-car garage. In the same family for decades, the buildings are well-maintained with updated electrical/plumbing/mechanicals. The two largest 3BR units have been renovated in the past year. These are well-established money-makers with a good rental history. The 11 apartments are fully occupied, some with long term Tenants (paying market rent btw). Rents range from $650-$1,300/mo. with separate utilities except for 4 units where heat is included. Solid numbers with 113K in gross rents and operating expenses of 45K in 2013 (inc. taxes and renovation of 2 units). Expenses in 2012 were just 34K. Sorry, no Seller financing. But for a qualified Buyer, here are excellent properties to add to your portfolio!
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning RC
Rooms
Basement Bulkhead, Concrete, Full, Stairs - Interior, Storage - Locked, Unfinished
Interior
Cooling Individual
Flooring Carpet, Hardwood, Vinyl
Exterior
Garage Spaces 2.0
Garage Description Detached, Garage, Off Street, Parking Spaces 11 - 20, Paved
Roof Type Other,Shingle - Asphalt
Building
Story 3
Foundation Brick, Granite
Sewer Public
Architectural Style Garden, Townhouse
Construction Status Existing
Schools
School District Nashua School District
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