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14 Highland, Hanover, NH 03755

8 Bed, 5 Bath Multi-Family Home For Sale

14 Highland, Hanover, NH 03755 House For Sale - MLS #4653933
Off the Market
$849,999
8
5
Multi-Family
3 Family
This listing is courtesy of Lisa Berry from Lisa Berry Properties

Property Description for 14 Highland, Hanover, NH 03755

Hanover Investment Property, in the Hanover/Dresden School District. Walking distance to Dartmouth College and downtown Hanover. 3 unit multi-family home with detached garage, could potentially be converted into condos or a single family home with an in-law suite. Front door opens to a foyer with private entrances to Units 1 & 2. Built in 2005 with 100% rental history. .47 acre lot with private back yard. Paved driveway has room for minimum 6 cars. Unit 1 has been continuously rented since 2008, Unit 2 since 2010. Both Units have 3 bedrooms each and 1.5 baths. They have an open concept with bright sunny rooms. Sliding doors in the dining room open to a deck in the private backyard. Due to long term tenancy, the rent for these units is below market value at $2227.84 each. Current lease expires 7/31/18 and has a 3% increase clause upon renewal. Unit 2 has new flooring in the dining room as well as a new electric stove. Each unit has a washer and dryer. Unit 3 has 2 bedrooms, 1 large full bathroom with new flooring and a bonus room. The living/dining/kitchen combo with 9 foot ceilings make this unit feel extra spacious. Utility room includes washer & dryer and lots of storage. Kitchen has a lot of cabinets along with a built in workstation and built in over the stove microwave. Also includes it���s own large patio with space for outdoor furniture and grill. This unit is currently owner occupied and has the potential for additional rental income.

Interior Details

3,732 sq. ft.
$227.76/sq. ft.
16
Metered
Public

Exterior Details

0.43 acres
18,731 sq. ft.
3
1 Garage Spaces
Garage; Off Street
Wood Frame
Poured Concrete

Other Details

4653933
2005
$4,454

Units Description

Unit #1
Rooms: 6      Bedrooms: 3      Full / Half Baths: 2      Rent: $2,227     

Unit #2
Rooms: 5      Bedrooms: 3      Full / Half Baths: 2      Rent: $2,227     

Unit #3
Rooms: 5      Bedrooms: 2      Full / Half Baths: 1     

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Town Description

Hanover was chartered by Governor Benning Wentworth on July 4, 1761, and in 1765-1766 its first inhabitants arrived, the majority from Connecticut. Although the surface is uneven, the town developed...

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