44 W Main Street Hillsborough NH Multi Family For Sale $315000

List Price: $315,000 | $120 per sq.ft. Multi Family
Price Change! Reduced by $10,000 down 3% on November 15th 2024
A 3 Unit Multi Family Home
With 2 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Wednesday Oct 23, 2024 | MLS# 5019742

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603-643-3942

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Address: 44 W Main Street Hillsborough NH
Listed by Dennis Gallagher New World Real Estate LLC
Description:
"INVESTORS TAKE NOTICE" Welcome to 44 W. Main Street In charming Hillsborough! Currently a 3 Unit Multi-Family with potential for more! The property is Commercially zoned and was once a restaurant, converted back to a multifamily. The 3 level 20x30 barn has many options for either business or more rental units with the proper permits. The roof has new shingles, and the metal portion has been restored and freshly sealed. Plenty of on-site parking and frontage on the Contoocook River. Great income potential! Great in town location...WALK to downtown in minutes, and for the commuters be driving on Rte. 202 in 4 minutes. 12-15 Minutes to New England University and Pat's Peak and 30 Minutes to Concord, and 40 Minutes to Manchester. This property currently boasts a charming efficiency rental apartment, with a long-term tenant, providing immediate income potential, the other two units are currently vacant. This property would be perfect for the entry level buyer looking to occupy one unit while using the other as income with room to grow, or for the seasoned investor looking to expand their portfolio. Bring your hammer and nails to finish this property off to your preference. THIS PROPERTY IS PRICED BELOW MARKET! Showings begin on 10-26-2024, open house on Saturday 10-26-2024 from 10AM - 1pm.

Annual Expenses

Taxes: $6,291

Income

Construction: Wood Frame
Year Built: 1900
Style: Cape | Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 4220
Above Grade Sq.Ft.: 2621
Basement: Concrete Floor | Unfinished | Exterior Access
Foundation: Stone

Roof: Metal | Shingle - Architectural
Seasonal: No

Land Information
City Lot | River Frontage
Lot size: 0.7 acres
Zoned: COMM-W)
Surveyed: Yes
Flood Zone: Unknown
Roads: Paved | Public
Road Frontage: 105
Driveway: Common/Shared | Gravel | Paved

Additional Information
Block - 0
Taxes $6,291
Assesed Value Not Reported

Schools

5 Old Nugget Alley, Hanover, NH 03755 603-643-3942

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