Bought with Jeremiah Ketola • BH&G - The Masiello Group
$390,000
$409,000
4.6%For more information regarding the value of a property, please contact us for a free consultation.
35-39 Sugar Maple LN Chesterfield, NH 03462
11 Beds
7 Baths
5,909 SqFt
Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 5,909 sqft
Price per Sqft $66
MLS Listing ID 4439400
Sold Date 12/01/16
Style Other
Bedrooms 11
Full Baths 7
Construction Status Existing
Year Built 1965
Annual Tax Amount $6,400
Tax Year 2015
Lot Size 5.000 Acres
Acres 5.0
Property Sub-Type Other
Property Description
This seven apartment offering is truly turnkey. New roof on both buildings, freshly painted last year, newer septic systems (two), and most apartments recently refurbished. Mechanicals all in good shape. Very low turnover rate-most renters have been in place 2-3 years or more. On a pre-tax basis typically generates about $40,000 of free cash flow for a cap-rate near 10%. With gross rents about $63,000 and everything done, this is unquestionably the best value in Cheshire County. Owner financing available for 20 years with 35% down.
Location
State NH
County Nh-cheshire
Area Nh-Cheshire
Zoning Rural
Rooms
Basement Entrance Interior
Basement Bulkhead, Crawl Space, Full, Partial, Stairs - Exterior, Stairs - Interior, Unfinished
Interior
Heating Gas - LP/Bottle, Kerosene, Oil
Cooling Individual
Flooring Carpet, Hardwood, Tile, Vinyl
Exterior
Exterior Feature Wood
Parking Features Attached
Garage Spaces 1.0
Garage Description Garage, On-Site, Parking Spaces 1, Parking Spaces 1 - 10, Unpaved
Community Features Pets - Cats Allowed
Utilities Available Gas - LP/Bottle, Satellite Internet
Roof Type Shingle - Asphalt
Building
Lot Description Country Setting, Landscaped, Level
Story 2
Foundation Concrete
Sewer Leach Field, Private, Septic
Water Drilled Well, Private
Construction Status Existing
Schools
Elementary Schools Chesterfield Central
Middle Schools Chesterfield School
High Schools Keene High School
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