List Price: $549,500 | $109 per sq.ft. Multi Family A 3 Unit Multi Family Home
With 0 One Bedroom Units , 2 - Two Bedroom Units ,1 - Three Bedroom Units
Under Contract Date Listed Monday Jan 20, 2025 | MLS# 5027195



Address: 388 Old Homestead Highway Swanzey NH
Listed by Fred Blais Blais & Associates, Realtors
Description:
Think of all the possibilities! This unique property makes a great investment or owner occupy the 2700+- sqft 1st floor, 2-3 bedroom, 2 bath apartment and let the other 2 apts pay your expenses. We estimate this large unit could rent for $2,250/month. You can also easily connect the 2nd floor, front 2 bedroom apt for extended family. Are you a car enthusiast or desire workshop space? There is a 4-car garage as well as a detached 1 car garage which could also be rented to tenants for additional income. All 3 units have separate heat, hot water, electric and washer/dryer. Previous owner had updated some of the wiring and insulation. The roof is in great shape with new architectural shingles on the main roof and existing standing seem. The home sits on 2.2+- acres of open sunny land with awesome sunsets to enjoy. There's lots of room for gardening and outdoor activities as well as an electrified gazebo overlooking a small wildlife pond. Located only 5 mins from local schools and less than 10 mins to downtown Keene. Town records show 2, 2-bedroom apts and 1, 1bedroom apt. Buyer or buyer's agent to confirm all information. Agents see non-public remarks Operating Expenses : Insurance,Maintenance,Other,Snow Removal
Annual Expenses

Taxes: $9,663
Income
Gross Income | $68,400
Appliances : Water Heater – Electric | Water Heater – Off Boiler | Water Heater – Owned | Water Heater – Tankless

UNIT 1 INFORMATION

Beds: 3
Baths: 2
Rooms: 7
Sq.Ft.: 2700
Level: 1
Info : Dryer,Electric,Heat - Oil,Hot Water,Laundry Hookup,Microwave,Mudroom,Porch,Range - Electric,Refrigerator,Smoke Detector,Sunroom,Washer,Whirlpool Tub
Signed Lease : No

UNIT 2 INFORMATION

Beds: 2
Baths: 1
Rooms: 4
Level: 2
Info : Deck,Dryer,Electric,Heat - Oil,Laundry Hookup,Range - Electric,Refrigerator,Smoke Detector,Washer
Tenant Pays : All Utilities
Rent : 1900.00 Monthly
Lease Term : Other
Signed Lease : Yes
Status : Leased

UNIT 3 INFORMATION

Beds: 2
Baths: 1
Rooms: 4
Level: 2
Info : Dryer,Electric,Heat - Oil,Laundry Hookup,Range - Electric,Refrigerator,Smoke Detector,Washer
Tenant Pays : All Utilities
Rent : 1550.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

Construction: Wood Frame | Shake Siding | Vinyl Siding
Year Built: 1880
Style: Farmhouse
Floors | Stories: 1.75
No. Elevators:
Total Sq.Ft. Finished: 5558
Above Grade Sq.Ft.: 5058
Basement: Concrete | Crawl Space | Dirt | Slab | Unfinished | Interior Access
Foundation: Concrete | Fieldstone | Slab - Concrete
Exterior Color: White
Roof: Shingle - Architectural | Standing Seam
Seasonal: No
Heating: Oil | Baseboard | Forced Air | Hot Air | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable - Available
Electric Meters:
Water: Drilled Well
Sewer: 1250 Gallon | Leach Field - On-Site | On-Site Septic Exists | Private | Septic Design Available
Land Information
Field/Pasture | Level | Open | Pond | Near Shopping | Near Hospital | Near School(s)
Lot size: 2.2 acres
Zoned: Residential)
Surveyed: Unk
Flood Zone: No
Road Frontage: 311
Driveway: Gravel | Paved
Additional Information
Docs Available : Lease Agreements | Other | Property Disclosure | Septic Design | Tax Map
Easement - Yes
Block - 0
Taxes $9,663
Assesed Value Not Reported
Schools
School District: Monadnock Sch Dst SAU #93
Elementary School: Mount Caesar School
Middle School: Monadnock Regional Jr. High
High School: Monadnock Regional High Sch

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