Newmarket, NH28 Elm Street
Est. Mortgage: $/month
MLS Number 4946208
- Next Open House: Sat 03/25 11:00 am. to 2:00 pm.
- Bathroom 7
- Units 7
- Acreage 0.3
INVESTMENT OPPORTUNITY. Commanding a prime spot in the heart of town, this well-constructed and impeccably maintained property boasts over 8,000 sq. ft., comprising 7 units, two of which are multi-level units. All have well-equipped kitchens and generous living space. The building offers coin-op laundry and off-street parking for all tenants. This attractive income-generating property grosses $200,000/year and shows a strong, consistent rental history of all units being occupied. Excellent opportunity for future capital gains over time. Nestled on the banks of the Lamprey River, Newmarket was voted one of the 'most charming small towns in America', according to HGTV. With its laid-back quintessential New England feel, it is ideally located, offering a myriad of activities including: restaurants, breweries, outdoor events, shopping, hiking, as well as easy access to the University of New Hampshire in Durham and Great Bay (kayaking, boating and trail walks). Only a 25-minute drive to the City of Portsmouth, within an hour to Boston, easy access to international airports. A must-see for wise investors. Call me today for immediate showings. OH on Saturday, 3/25 11-2 & Sunday, 3/26 11-1.
Listed by Carol Parker of Engel & Volkers Wellesley