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$550,000 | $127 per sq.ft. A 5  Unit Multi Family Home, in Bristol NH With 3 - One Bedroom Units | 2 - Two Bedroom Units
on Newfound MLS# 4994462



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Listed by Viktoria AlkovaKW Coastal and Lakes & Mountains Realty on May 7th 2024


DESCRIPTION


This unique 5-unit multifamily property not only offers lucrative investment potential, but also provides an inviting space for recreational activities located right in the town of Bristol. Surrounded by hills and lakes, the town attracts tourism and enhances its appeal to tenants - maximizing rental income. The building is three 1-bedroom and two 2-bedroom units, a good diversity of options. The 2-bedroom units have undergone a full remodel, offering modern and stylish interiors. Two of three 1-bedroom units have been upgraded with new appliances, fresh paint, and improved fixtures, creating comfortable and inviting living spaces for residents. Each unit is equipped with separate electric meters and individual heating systems for personalized comfort. Residents enjoy the convenience of parking on site and additional street parking. Featuring a playground in the backyard, this property makes an ideal investment in an area that is gaining popularity. It would be a great 1031 exchange replacement property. Showings begin 5/12/24. Owner is a licensed realtor.
Appliances : Water Heater – Separate

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CONSTRUCTION

Wood Frame | Clapboard Exterior | Vinyl Exterior | Exterior Color White | Year Built: 1890
No. of Floors:2.5
Total Sq.Ft. Finished: 4316
Above Grade Sq.Ft.: 4316
Price Per SQ.FT. 127.43
Basement: Crawl Space | Daylight | Dirt | Full | Stairs - Interior | Unfinished
Foundation: Stone
Heating: Baseboard | Individual
Cooling: None
HeatFuel: Electric | Gas - LP/Bottle
Electric: Circuit Breaker(s)
Utilities: None
Electric Meters: 5
Gas_Meters: 5
Style: Garden | Multi-Family | Multi-Level
Roof: Metal | Shingle - Asphalt
Water: Public
Sewer: Public
Garage And Parking: On-Site | On Street | Parking Spaces 5 - 10
Seasonal: No

LAND LOT INFORMAITION

Lot Description: Corner | Country Setting | Level | Mountain View | Trail/Near Trail
Lot size: 0.4 acres
Zoned: VR
Surveyed: No
Flood Zone: No
Roads: Public
Road Frontage: 266
Driveway: Gravel | Paved

PROPERTY INFORMATION

Taxes $4,903

AREA INFORMATION

School District: Newfound Sch Dst SAU 4
Elementary School: Bristol Elementary School
Middle School: Newfound Memorial Middle Sch
High School: Newfound Regional High Sch