$950,000
$1,150,000
17.4%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
5 Baths
2,616 SqFt
SOLD DATE : 04/16/2021
Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type 5+ Family - Rooming House
Listing Status Sold
Purchase Type For Sale
Square Footage 2,616 sqft
Price per Sqft $363
MLS Listing ID 72752880
Sold Date 04/16/21
Bedrooms 7
Full Baths 5
Year Built 1935
Annual Tax Amount $19,558
Tax Year 2019
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type 5+ Family - Rooming House
Property Description
Welcome to “Stonegate”. This recently remodeled stand alone property with minimal overhead has tremendous rental history and is rented through Spring of 2022. Located on campus at the University of New Hampshire it consists of 7 bedrooms, housing 10 tenants, with 5 full baths.As a tenant, this property is very attractive. First, there is a mix of single and shared bedrooms and 2/1 tenant to bathroom ratio.Second, each tenant has their own, individual, parking space. Third, with just a 5 minute walk to center of campus and 2 minutes to “downtown” the location is ideal and a perfect exchange for cramped dorm living.As an owner, this property is very attractive. First, it has not had vacancy in ages and the it is rented through Spring of 2022. Second, the tenants pay all utilities. Third, property was remodeled in 2016 with upgrades to the kitchen and baths. Lastly, there is only 1 roof and 1 set of mechanicals to maintain with no deferred maintenance.
Location
State NH
County Strafford
Zoning CH
Direction Turn left onto NH-108 S/Dover Rd, continue on Main St
Rooms
Basement Full
Interior
Interior Features Unit 1(Ceiling Fans, Storage, Upgraded Cabinets, Internet Available - Broadband), Unit 1 Rooms(Living Room, Dining Room, Sunroom)
Heating Unit 1(Hot Water Baseboard, Heat Pump)
Cooling Unit 1(None)
Flooring Laminate, Hardwood, Stone / Slate, Unit 1(undefined)
Appliance Oil Water Heater, Tank Water Heater
Laundry Unit 1(Washer & Dryer Hookup)
Exterior
Exterior Feature Rain Gutters
Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Laundromat, Bike Path, Highway Access, Public School, University
Roof Type Shingle
Total Parking Spaces 10
Garage No
Building
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
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Bought with Non Member • Non Member Office