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Listed by William Peck • Horvath & Tremblay LLC
$525,000
Est. payment /mo
3 Beds
3 Baths
2,392 SqFt
UPDATED:
12/26/2024 04:37 PM
Key Details
Property Type Multi-Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 2,392 sqft
Price per Sqft $219
MLS Listing ID 5013922
Bedrooms 3
Full Baths 3
Construction Status Existing
Year Built 1910
Lot Size 6,098 Sqft
Acres 0.14
Property Description
41 Summer St is comprised of a three story building and contains a total of three units, consisting of one 1-Bedroom/1-Bathroom unit and two 1+Bedroom/1-Bathroom units with 2,392 square feet of living area in 3,592 square feet of total gross area on 0.14-acres of land. The Property offers ample on-site parking as well as a detached four bay garage at the rear of the Property. All of the units are separately metered for electricity, gas fired heat, and gas fired hot water which the tenants pay directly. The landlord is responsible for domestic water and sewer. The current rents are significantly below market. The opportunity exists to increase rents to market rates via programmatic updates to the unrenovated units in a highly sought after and supply constrained urban infill residential market. Gross Income is calculated with Unit 2's rent set to market.
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning RB
Rooms
Basement Entrance Interior
Basement Partially Finished
Interior
Cooling None
Basement Type Partially Finished
Exterior
Garage Spaces 4.0
Utilities Available Other
Roof Type Shingle - Asphalt
Building
Story 3
Foundation Fieldstone
Sewer Public
Construction Status Existing
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Louden Dennis
Sales Associate | License ID: SA926657
Sales Associate License ID: SA926657