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


$549,900

Price Change! reduced by $50,000 on November 11th 2024
MLS# 5018781
2761 sq.ft. Bedroom | 0 Bathroom
Multi Family
50 North Spring Street Concord NH
 
Price Change! reduced by $50,000 on November 11th 2024
$549,900 | $199 per sq.ft. | MLS# 5018781 A 4  Unit Multi Family Home, 50 North Spring Street Concord NH With 3 - One Bedroom Units | 1 - Two Bedroom Units

Description:
Huge Price Reduction! Prime investment opportunity in the heart of downtown Concord! This charming and well-maintained 4-unit New Englander offers excellent income potential. The property consists of one large 3-floor unit featuring 2 spacious bedrooms, 1.5 baths, a formal living room, dining room, bonus room, and plenty of storage space, perfect for an owner-occupant or perfect for a high-end tenant. Additionally, there are two comfortable 1-bedroom units and a cozy studio, ideal for consistent rental income. Tenants enjoy a shared outdoor patio area, along with a private rear yard and garden space for relaxation or gardening enthusiasts. The utility room provides laundry access for all tenants, and the garage is currently used for owner storage but offers potential for other uses. Roof (12 years old), a modern heating system (12 years old), a 4-year-old water heater, and a fully updated electrical system. The property is served by public water and sewer and natural gas. With the option to separate utilities for increased rental value, a fresh coat of paint, and minor repairs, this property is poised to offer a worry-free investment or a fantastic owner-occupied opportunity. Walking distance to all of downtown Concord's amenities, restaurants, and shops, this is the ideal location for urban living with small-town charm. Don't miss out on this rare find!

Annual Expenses
Taxes: $9,842
    Income Gross Income | $
NetIncome | $

UNIT 1 INFORMATION


Beds: 2
Baths: 2
Rooms: 0
Rent : 2200.00 Monthly
Lease Term : Annual
Signed Lease : Yes

UNIT 2 INFORMATION


Beds: 1
Baths: 1
Rooms: 0
Rent : 1500.00 Monthly
Lease Term : Annual
Signed Lease : Yes

UNIT 3 INFORMATION


Beds: 1
Baths: 1
Rent : 1500.00 Monthly

UNIT 4 INFORMATION


Beds: 1
Baths: 1
Rent : 1600.00 Monthly

FEATURES AND DETAILS

CONSTRUCTION: Wood Siding | Exterior Color Yellow | Price Per SQ.FT. 199.17 | Year Built: 1880
LAND DESCRIPTION: LOT DESCRIPTION: City Lot | In Town
Avail.Sq.Ft.: 4
Livable Space: 2761
Above Grade Sq.Ft.: 2761
Below Grade Sq.Ft.: 0
Foundation: Concrete
Heating: Natural Gas | Hot Water
Cooling: None
Electric: 200 Amp
Style: New Englander
Roof: Metal | Shingle - Asphalt
Water: Public
Sewer: Public
Lot size: 0.14 acres
Zoned: RD
Surveyed: Unk
Flood Zone: Unknown
Seasonal: No
Garage And Parking: Off Street | Parking Spaces 3
Roads: Public
Road Frontage: 50
Driveway: Paved

ADDITIONAL INFORMATION
Taxes $9,842  | Assesed Value $0 in
SCHOOLS
15 Buck Rd. Hanover, NH 03755 603-643-3942

Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College

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