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


$349,000

MLS# 5010024
Under Contract 3438 sq.ft. Bedroom | 0 Bathroom
Multi Family
601 River Road Putney VT
 
$349,000 | $102 per sq.ft. Under Contract | MLS# 5010024 A 4  Unit Multi Family Home, 601 River Road Putney VT With 1 - One Bedroom Units | 2 - Two Bedroom Units | 1 - Three Bedroom Units

Description:
4-unit income property in an ideal location situated next to an operating farm with huge corn and other crop fields surrounding the parcel and very few neighbors. The 1.2 acres are all open and offer plenty of garden spots and outdoor recreation/activities for its tenants. Beautiful views out over the farm fields and an overall relaxed country living feel to this spot. Close to the CT River. The building is in good overall condition and is completely sprinkled!! Heat and Electric are included in the rents. With a Net income of over $35,000 per year, this is a tremendous opportunity to own a solid investment property with a CAP rate of 10 OR could be a great owner-occupied dwelling with fantastic income to offset the acquisition and ongoing costs because the 2-bedroom upstairs unit is vacant at present. Only minutes to Putney village yet total country living on a paved road. Very unique property and location. Can also be purchased as part of a three property package with 11 total units.
Location : Abuts Conservation | Rural | Valley | Near Public Transportatn | Near Railroad

Annual Expenses
Taxes: $4,700
    Income Gross Income | $
NetIncome | $

UNIT 1 INFORMATION


Beds: 3
Baths: 1
Rooms: 0
Level: 101
Tenant Pays : Internet Service,TV Service
Rent : 1800.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 2 INFORMATION


Beds: 2
Baths: 1
Rooms: 0
Level: 102
Tenant Pays : Internet Service,Trash,TV Service
Rent : 1100.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month

UNIT 3 INFORMATION


Beds: 1
Baths: 1
Level: 201
Rent : 800.00 Monthly
Status : Leased

UNIT 4 INFORMATION


Beds: 2
Baths: 1
Level: 202
Rent : 1300.00 Monthly
Status : Vacant

FEATURES AND DETAILS

CONSTRUCTION: Post and Beam | Wood Frame | Exterior Color Yellow | Price Per SQ.FT. 101.51 | Year Built: 1900
LAND DESCRIPTION: LOT DESCRIPTION: Agricultural | Corner | Country Setting | Level | Open
Avail.Sq.Ft.: 4
Livable Space: 3438
Above Grade Sq.Ft.: 3438
Below Grade Sq.Ft.: 0
Foundation: Concrete | Fieldstone
Heating: Baseboard | Hot Water
Cooling: Individual
HeatFuel: Oil
Electric: 150 Amp | Circuit Breaker(s)
Style: Farmhouse
Roof: Metal | Shingle - Asphalt
Water: Drilled Well | On-Site Well Exists
Sewer: On-Site Septic Exists | Private
Lot size: 1.2 acres
Zoned: RES
Surveyed: Unk
Flood Zone: Unknown
Seasonal: No
Roads: Paved | Public
Road Frontage: 500
Driveway: Gravel

ADDITIONAL INFORMATION
Taxes $4,700  | Assesed Value $337,800 in 2024
SCHOOLS
15 Buck Rd. Hanover, NH 03755 603-643-3942

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