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Listed by Derek Greene • Derek Greene
$ 599,000
Est. payment | /mo
0.39 Acres Lot
$ 599,000
Est. payment | /mo
0.39 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5080911
Year Built 1920
Annual Tax Amount $5,355
Tax Year 2024
Lot Size 0.390 Acres
Acres 0.39
Property Description
Massive Value-Add 7-unit opportunity. Offered individually, with the exclusive option to acquire as part of a 19-unit Master Portfolio. Operating with deliberate vacancy, it offers the rare chance to transition to 12- month leases at 2026 HUD FMR, driving projected Pro Forma gross rents over $133,000 annually. Built in 1925, infrastructure is de-risked with a new commercial water heater (2025). Half the roof features highly durable metal guaranteeing decades of life, while the other half shows its age. Interior systems are solid; aged exterior paint is purely cosmetic.
Location
State NH
County Nh-grafton
Area Nh-Grafton
Zoning C-4
Interior
Inclusions Other
Exterior
Utilities Available Cable
Roof Type Metal,Shingle
Building
Sewer Public
Schools and Properties Nearby
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