Nashua, NH 03060,44+46 Kinsley Street
Listed by Mike Peterson • Weichert Realtors-Peterson & Associates
Bought with Jacob Poulose • New Hampshire Real Estate Exchange

$560,000

Est. payment /mo

$649,900

13.8%
Est.Price: ?

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44+46 Kinsley Street Nashua, NH 03060

16 Beds

11 Baths

10,762 SqFt

SOLD DATE : 11/24/2014

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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