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4 Main, Goffstown, NH 03045

5 Bed, 3 Bath Multi-Family Home For Sale

4 Main, Goffstown, NH 03045 House For Sale - MLS #4625224
Off the Market
$547,000
5
3
Multi-Family
5+ Family
8
This listing is courtesy of Joan Blais from Bhhs Verani Commercial Div

Property Description for 4 Main, Goffstown, NH 03045

GOFFSTOWN BEAUTY! Solid 8-Unit building! PRIME location: Center of town, across from Town Park, between 2 churches. 5 commercial on sidewalk level; 2nd floor: 3 apts. Aluminum-sided, Mansard-style,commercially-shingled roof. 12+ car parking plus on-street. 3rd floor finished,heated, for possible rental storage space or future development.) Same owners: 50 years. Only 3 owners since built. Long-term tenants (TAWs,but they'd like to be on leases). 2 new Trio-brand boilers,w/superstore hot water, heats entire building very efficiently; rents include heat,hot water, electric. Owner will pay for new, larger water taps coming into bldg in summer, 2017, when town plans to repave sidewalks,streets,etc. (Not on Historic Register: owner's choice). Ideal for investor, with many updates & improvements done. Sturdy beams & framework made of rare chestnut wood (thus,bug-free). Income: $82,200.: Expenses: $32,717.; NOI $49,483. (9% Cap rate) 80% financing avail,4-1/2%+/- int.rate; 25 yr term,w/reviews. 20% return on cash down.

Interior Details

7,540 sq. ft.
$72.55/sq. ft.
11
Public
Public

Exterior Details

0.30 acres
13,068 sq. ft.
3
On-Site
Wood Frame
Concrete; Granite

Other Details

4625224
1800
$1,600

Units Description

Unit #1
Rooms: 4      Bedrooms: 2      Full / Half Baths: 1      Rent: $800     

Unit #2
Rooms: 4      Bedrooms: 2      Full / Half Baths: 1      Rent: $800     

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

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Town Description

This town started as a part of Massachusetts, and was known as Narragansett Number 4, Piscataquog Village, and then Shovestown before installation of the New Hampshire provincial government. In 1748,...

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