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28 photos
Property Sold
  • Asking Price: $799,000
  • Sold Price: $725,000
  • Type: Multi-Family
  • Status: Closed
  • Days-On-Market: 54
  • Listing Date: Jul 12, 2018
  • Closing Date: Nov 20, 2019
  • Updated: Oct 22, 2018
  • Rooms:
  • Bedrooms:  |  Baths: 0
  • Sq Ft: 14,119  |  Acres: 1.53
  • Water Front: 0 ft

Property Description

A 7 unit apartment building, this property was originally constructed in 1988 as a commercial office building. The current owners purchased the building in 2010 and converted the space into 4 - 3 bedroom & 3 - 2 bedroom large apartments. Located on a very quiet cul-de-sac, the property provides easy access and ample parking. The building is well lit and very secure, tenants are responsible for electric service only. A large common area for storage and laundry is located on 1st floor. This is a turn-key purchase for a new or established real estate investor. Annualized gross rental income of $98,000.00 supports the desirability of this property to current and prospective tenants. Evidence of a buyers financial ability to purchase this property must be presented prior to individual unit inspection.

Listed by Thomas Girard of Right Realty Group, LLC.

Property Directions

RT 3 to Northview Drive. Building located at end of Northview Drive.

Property Location

  • MLS ID: 4706539
  • Address: 15 Northview Drive
  • City/Town: Meredith
  • State: NH
  • Zip Code: 03253
  • Water Frontage: 0 ft

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