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30 Main Street Pittsfield NH 03263

Pittsfield, NH30 Main Street

Sale Price$2,800,000

Sold

MLS Number 4692940

  • Multifamily
  • Units 76
  • Square Feet 60,833

The Pittsfield Portfolio: A once-in-a-lifetime opportunity to acquire a large rental portfolio in Pittsfield, NH. This portfolio includes 76 units across 12 buildings with 74 apartments, one restaurant, and one office (currently used as the management office). Having been professionally managed over the duration of ownership, this portfolio has a strong cash flow, a steady rental history, and many upgraded buildings and units. There is a blend of studio, one-bedroom, two-bedroom, and three-bedroom apartments, providing for a balanced availability of apartments. With an aggressive pricing of less than $43,000 per unit, this portfolio is being offered at a strong 15.3% cap rate. Please see the marketing package for more information.

Listed by Matthew Lefebvre of Elm Grove Realty

Listing Sold by Elm Grove Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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15 Woodland Drive Litchfield NH 03052
Sold

MLS Number 4817396

  • Multifamily
  • Units 18
  • Square Feet 12,306

Stonehenge Apartments in Litchfield, NH available for sale. Stonehenge Apartments is located on a 2.37 acre lot in a quiet suburban setting while still being located only 2 miles from the highway. Built in 1970, this 18 unit building is comprised of 17 2BR apartments and 1 1BR apartment of which, 16 units have been recently remodeled. Remodeled units boast many upgrades including stainless steel appliances, granite countertops, bamboo flooring, and modern layouts. Many units are under market rent and with strategic rent increases, cash flow could be substantially increased for this investment. Rents for the 2BR apartments currently range between $1,050/mo - $1,425/mo with a projected market rent of $1,410/mo. Additionally, this property features an on-site laundry room creating additional income for the property. The property is heated by three forced hot water natural gas boilers and cooled by individual wall air conditioning units. Tenants are responsible for their own electric and cooling bill, while the landlord is responsible for heat, hot water, water, and sewer. The property has 41 parking spaces; a ratio of over 2.25 spaces per unit. If you're looking for a clean, easy-to-manage investment property with upside potential, look no further than Stonehenge Litchfield.

Listed by Matthew Lefebvre and Jessica Stevenson of Elm Grove Realty

Listing Sold by Lillian Montalto Signature Properties

$
$
%
$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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82-92 Amherst Street Nashua NH 03064

Nashua, NH82-92 Amherst Street

Sale Price$2,420,000

Sold

MLS Number 4822983

  • Multifamily
  • Units 22
  • Square Feet 16,650

The Amherst Coach Apartments is a 22 unit building located at 82-92 Amherst St Nashua NH. Set on a 1.12 acre lot close to downtown Nashua, it consists of 8 studios, 6 one-bedrooms, and 8 two-bedrooms. The studio apartments in this building have heat and hot water included in the rent, with all other apartments paying their own utilities. There are approximately 36 off-street parking spaces available, as well as coin-op washers and dryers available for tenant use. The building is fully sprinklered, many of the utilities have been recently upgraded, and the majority of the apartments in this complex have been recently remodeled which have seen rental increases as a result. While the property is currently stabilized, Amherst Coach Apartments is in a prime location and could support higher end units, should the next owner choose to make additional improvements for increased value-add. This provides an excellent opportunity for increased value-add. 48-hour notice to show. Assisted showings required.

Listed by Matthew Lefebvre and Jessica Stevenson of Elm Grove Realty

Listing Sold by Elm Grove Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1 Pleasant Street Claremont NH 03743

Claremont, NH1 Pleasant Street

Sale Price$2,365,000

Sold

MLS Number 4897963

  • Commercial
  • Year Built 1897
  • Square Feet 44,308
  • Acreage 0.31
  • NOI 175446

Known as "The Union Block Building", this circa 1897 historic landmark building has been the anchor for retail and residential apartment space at the center of downtown Claremont, NH for decades. This property has been extremely well maintained. There are 6 commercial storefront spaces on the street level and 34 residential apartment units on the 2nd and 3rd floors. There currently are no vacancies and there is a waiting list of potential residential tenants. Over $175,000 NOI at listed 7.0% CAP Rate. Commercial Tenants all have Modified Gross Leases. The City of Claremont is currently revitalizing the downtown Pleasant Street area.

Listed by Alan Croteau of Real Property Options

Listing Sold by Downtown Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1358 Elm Street Manchester NH 03101

Manchester, NH1358 Elm Street

Sale Price$2,250,000

Sold

MLS Number 4732699

  • Multifamily
  • Units 27
  • Square Feet 25,276

1358 Elm Street is a mixed-use, brick building located in downtown Manchester on the intersection of Dow Street and Elm Street. This building is comprised of four, fully occupied, ground level retail units on Elm Street and twenty-three apartments with a blend of studio, one-bedroom, and two-bedroom units. Featuring on-site laundry, leased parking directly abutting the building accessed via N Hampshire Lane, an additional off-site leased lot for overflow parking, and three additional, unfinished units. This ±32,364 SF building has had many capital improvements over the years, including the the installation of rubber membrane roofs, window replacement, upgrading the sewer line, conversion to natural gas heating systems, and much more. Many of the apartments in this building are below market rent and haven't been renovated for many years, providing an opportunity for significant value add. This property is located in a Qualified Opportunity Zone.

Listed by Matthew Lefebvre of Elm Grove Realty

Listing Sold by Ledgeview Commercial Partners, LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1279 Elm Street Manchester NH 03101

Manchester, NH1279 Elm Street

Sale Price$2,195,000

Sold

MLS Number 4737345

  • Multifamily
  • Units 29
  • Square Feet 19,981

With a premiere location on the corner of Elm Street and Orange Street, this 29 unit building is a unique investment opportunity. Comprised of 7 commercial units, 8 studio apartments, 11 one bedroom apartments, and 3 two bedroom apartments, this property has a solid mix of unit types and income sources. With the same ownership for 26 years, this building has HUGE value-add potential. Many units have not been renovated recently and have the potential for rents to be increased substantially. Additional cost-saving measures could be applied by separating utilities and cutting operating expenses substantially. Many major capital improvements have already been made to this building including installation of rubber membrane roofs, upgrading windows to vinyl replacement, renovation and buildout of several commercial units, and more. This property is located in a Qualified Opportunity Zone.

Listed by Matthew Lefebvre of Elm Grove Realty

Listing Sold by Ledgeview Commercial Partners, LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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307 Merrimack Street Manchester NH 03103
Sold

MLS Number 4692829

  • Multifamily
  • Units 21
  • Square Feet 17,641

The Allyson Apartments are now available for sale! This painstakingly renovated, Victorian-style apartment building is the crown jewel of any investment portfolio. This is a Manchester Historic Preservation Award Winning property for the numerous upgrades that were made; including the lengths the owner went through to preserve the original coloring and siding of the building, while still encapsulating it in a special lead barrier compound. This entire building has a lead-safe certificate but still looks as impressive as the day it was built! Ornate decorations are scattered throughout adding to the old-world charm. Not only is this building beautiful, it also provides impressive cash-flow and most large capital expenditures taken care of over the duration of ownership. Professionally managed and maintained, this 21 unit investment portfolio features 18 two-bedroom apartments in the main building, and 1 one-bedroom apartment, 1 two-bedroom apartment, and 1 three-bedroom apartment in the additional 411 Maple Street (sold as part of the package). Between both parcels, this portfolio features 21 apartments, 30 off-street parking spaces, coin-operated laundry, and boasts a 9% cap rate. Look no further than The Allyson Apartments for a turnkey investment portfolio with some room to continue to add value. Buildings included in sale: 307 Merrimack Street & 411 Maple Street.

Listed by Matthew Lefebvre of Elm Grove Realty

Listing Sold by Elm Grove Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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10 Arch Street Laconia NH 03246

Laconia, NH10 Arch Street

Sale Price$1,770,000

Sold

MLS Number 4895682

  • Multifamily
  • Units 15
  • Square Feet 8,830

Have you been searching for as many units as possible under one roof? How about a unique opportunity to build new construction? Maybe some self-storage? Look no further! Located at the intersection of Arch Street and Union Avenue in Laconia, near the heart of downtown, sits this unpretentious beauty consistingof 14 apartments. Several of the units have been recently updated to feature new carpet, vinyl flooring, and/or updated kitchens and bathrooms. Utilities are included inthe rent, and you'll be pleased to find a gleaming on-demand forced hot water system in the basement as well as updated a superstore hot water tank and circuit breakerpanels. Value-add abounds with not only basement space ready to include coin-op laundry but also a detached SEVEN bay garage/storage building (six standard garagesize and one oversized bay) for even more income opportunity. Across the street, you'll find a single family home that houses long-term tenants and sits on a beautifullypaved lot with parking for everyone! If that's STILL not enough opportunity, maybe the buildable lot on Union Ave will entice you. With conceptual plans and surveyingcompleted for an additional EIGHT units, this complete package is sure to provide opportunities for years to come. Schedule your showing today. 48-hour minimum noticerequired please, as building is occupied.

Listed by Jessica Stevenson and Matthew Lefebvre of Downtown Realty

Listing Sold by Downtown Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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455 Hanover Street Manchester NH 03104
Sold

MLS Number 4861307

  • Multifamily
  • Units 12
  • Square Feet 12,917

Looking for a unique addition to your Manchester portfolio? This mixed-use, three building property located in Manchester's Hanover Hill neighborhood consists of eleven apartments with significant upside opportunity and one long-term leased retail unit. The retail space has been occupied by a convenience store for many decades and after undergoing a major renovation in 2017, the current business executed a TEN year lease with 3% annual rent escalators. There are eleven, LARGE apartments in this property with three 4BRs, five 3BRs and three 2BRs. Nine of the apartments in two of the buildings underwent a lead abatement and have lead safe certificates on file. All of the units have separately metered electric and half of the units have separate heat & hot water allowing for you to minimize your out of pocket expenses. While this is a stable, money-making property today, it has HUGE upside potential once rents are raised to market. Assisted showings to qualified buyers only. Minimum of 48-hour notice required to show as building is fully occupied.

Listed by Matthew Lefebvre and Jessica Stevenson of Elm Grove Realty

Listing Sold by Realty One Group Next Level

$
$
%
$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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501 Daniel Webster Highway Merrimack NH 03054
Sold

MLS Number 4877845

  • Commercial
  • Year Built 2003
  • Square Feet 14,921
  • Acreage 1.19

Twin Bridge Place Retail Plaza located at 501 Daniel Webster Highway in Merrimack, New Hampshire is now available for sale. It is located on Merrimack, New Hampshire's busiest street (US-Route 3) approximately 1 mile off Exit 12 of the Everett Turnpike, seeing an average of 14,000 vehicles per day. Twin Bridge Place Retail Plaza contains 13,950 net rentable square feet and is currently 100% leased to 5 tenants: Sal's Pizza, Contemporary Trends Hair Salon, Broadway Bound Performing Arts Center, Granite State Professional Martial Arts Academy, and Roxa Sports, and is shadow anchored by Merrimack Commons Shopping Center, boasting tenants including Tractor Supply Company, FitLab, and more. With more than 343,000 people within a 10-mile radius, Twin Bridge Place will be an excellent addition to any seasoned investors portfolio

Listed by Matthew Lefebvre and Jessica Stevenson of Elm Grove Realty

Listing Sold by BHHS Verani Seacoast

$
$
%
$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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242 E High Street Manchester NH 03104
Sold

MLS Number 4827733

  • Multifamily
  • Units 13
  • Square Feet 14,330

Your next investment property is here! 242 E High St/55 Nashua St is a thirteen unit property comprised of two separate buildings; an eleven-unit and a duplex on the same lot. Consisting of eight 3-bedroom units, three 2-bedroom units, a 1-bedroom, and a studio apartment, almost all utilities have been separated, with the exception of the two smallest apartments sharing one electric meter. Many of the units have been renovated over the course of current ownership, and all ongoing maintenance items have been diligently kept up with. This building truly shows pride of ownership! There are laundry hookups in every unit (except studio) and parking for about 9 cars in the attached lot, with plenty of additional on-street parking. The property underwent a full lead abatement 10 years ago, and both buildings have current COC's on file. This building is occupied and requires a minimum 24-hour notice to show. Assisted showings required.

Listed by Matthew Lefebvre and Jessica Stevenson of Elm Grove Realty

Listing Sold by Elm Grove Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Ask A QuestionMore Details

320 Douglas Street Manchester NH 03102
Sold

MLS Number 4826330

  • Multifamily
  • Units 12
  • Square Feet 8,556

Looking for your next investment property? 320 Douglas Street is a twelve unit building comprised of all 2-bedroom/1-bath apartments. All units were gutted and remodeled in the 1980's, and half of the units were recently renovated, however current rents do not necessarily reflect this update. All utilities are separate and serviced by natural gas, with all newer individual forced hot air heating systems. On the exterior, you'll see the building is vinyl sided with a rubber membrane roof and there are about 3-4 parking spaces, with the rest offered on-street. Additionally, tenants have use of coin-operated washing machines and dryers in the basement area. Assisted showings required, with minimum 48-hour notice to show as building is fully occupied.

Listed by Matthew Lefebvre and Jessica Stevenson of Elm Grove Realty

Listing Sold by LAER Realty Partners/Salem

$
$
%
$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Ask A QuestionMore Details

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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This display of listings may or may not be the entire Compilation from the NEREN database, and NEREN does not guarantee the accuracy of such information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated October 3, 2022 2:41 PM EDT.

 
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