List Price: $535,000 | $234 per sq.ft. Multi Family A 3 Unit Multi Family Home
With 2 One Bedroom Units , 0 - Two Bedroom Units ,1 - Three Bedroom Units
Date Listed Friday Sep 6, 2024 | MLS# 5013154



Address: 14 Hurricane Road Belmont NH
Listed by Suzanne Walsh Century 21 Circa 72 Inc.
Description:
Excellent investment opportunity in Belmont! Long term rental history in combination with very low operational expenses will make this a nice addition to a portfolio or an owner-occupied property. This three-unit multi-family consists of one 3BR, 1BA on the second floor and two mirror image 1BR, 1BA units on the ground floor. Located in a quiet neighborhood on 1.21 rural acres but close to downtown Belmont, Laconia, Tilton and all local major commuter routes (Rte. 3, I-93,Rte. 132). Proximity to Silver Lake, Lakes Winnisquam and Winnipesaukee providing boating, water sports, shopping, golf or ski Gunstock a few miles away - you name it, you're right in the heart of the Lakes Region! All units are equipped with newer Rinnai propane monitors and electric baseboard heat as a backup. Improvements from 2017-2018 include architectural shingled roof, vinyl siding, & windows, along with above mentioned Rinnai heaters . The property also offers great off-street parking. 48 hour notice please for showings. Operating Expenses : Insurance,Maintenance,Professional Management,Other,Snow Removal,Utilities
Annual Expenses

Taxes: $7,711
Income
Gross Income | $47,700
NetIncome | $36,252
Appliances : Water Heater – Electric

UNIT 1 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Sq.Ft.: 572
Level: 1
Info : Range - Electric,Refrigerator
Tenant Pays : Electric,Heat,Hot Water
Rent : 1200.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 2 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Sq.Ft.: 572
Level: 1
Info : Range - Electric,Refrigerator
Tenant Pays : Electric,Heat,Hot Water
Rent : 1225.00 Monthly
Signed Lease : No

UNIT 3 INFORMATION

Beds: 3
Baths: 1
Rooms: 6
Sq.Ft.: 1144
Level: 2
Info : Deck,Laundry Hookup,Range - Electric,Refrigerator
Tenant Pays : Electric,Heat,Hot Water
Rent : 1900.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

Construction: Wood Frame | Vinyl Siding
Year Built: 1989
Style: Apartment Building
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 2728
Above Grade Sq.Ft.: 2288
Basement: Partial | Slab | Unfinished
Foundation: Concrete
Exterior Features:
Deck | Garden Space | Natural Shade | Shed | Windows - Double Pane
Exterior Color: White
Roof: Shingle - Architectural
Garage And Parking: Driveway | Off Street | Parking Spaces 6+ | Paved
Seasonal: No
Heating: Propane | Baseboard | Electric | Monitor Type
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable - At Site | Gas - LP/Bottle
Electric Meters: 4
Water: Drilled Well | Private
Sewer: 1250 Gallon | Leach Field | Private | Septic
Land Information
Country Setting | Level | Wooded | Near Country Club | Near Golf Course | Near Shopping | Near Skiing | Near Snowmobile Trails | Neighborhood | Rural | Near Hospital
Lot size: 1.21 acres
Zoned: RES)
Surveyed: Unk
Flood Zone: Unknown
Roads: Paved | Public
Road Frontage: 230
Driveway: Paved
Additional Information
Block - 0
Taxes $7,711
Assesed Value Not Reported
Schools
Elementary School: Belmont Elementary
Middle School: Belmont Middle School
High School: Belmont High School

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