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274 Newmarket Rd, Durham, NH 03824

Commercial property for sale

  • Description
  • PROPERTY CONSISTS OF AN EXISTING 5 UNIT HOUSING STRUCTURE W/ 9,210 SQ. ST. OCCUPIED BY 14 STUDENT RESIDENTS. FULL CAPACITY OF EXISTING DWELLING IS 21 STUDENTS + WAREHOUSE ON 5.2 ACRES OF PRIME LAND. APPROVALS IN PLACE TO EXPAND RESIDENCY FOR AN ADDITIONAL 24 RESIDENTS ON THE BUILD OUT. PLANS PROPOSED FOR 2 THREE UNIT STRUCTURES. CONSTRUCTION OF ADDITIONAL UNITS ESTIMATED TO INCREASE GAI BY $162K, ABOVE CURRENT ANNUAL INCOME, UPON COMPLETION. 0% VACANCY RATE REPORTED FOR THE PAST 7 YRS. PLANNED EXPANSION OF RTE 108 W/ADJACENT PATH & WALKWAY, ONCE COMPLETED, WILL ENHANCE MARKETABLIITY, TO RESIDENT STUDENTS THAT DESIRE AN OFF CAMPUS LOCATION WITHIIN A SHORT PROXIMIITY TO UNH. ATTRACTIVE PARTIAL SELLER FINANCING OFFERED TO QUALIFIED BUYERS. Building price details: $775,000.
  • Property Details
  • Property Type: Multifamily
    Use Types: Special Purpose
    Status: Available
    Price: $ 155,000 +/Unit
    Number of Stories: 3
    Year Built: 1850
    MSA: Boston-Cambridge-Quincy
    Buildings: 2
    Broadband Internet: Cable
    Terms: Owner Financing
    Added: 01/19/2012
    Last Update: 06/05/2012
  • Exterior Features
  • Parking Type: Surface
  • Contact info
  • 603-601-1113 [Office]
  • Note

  • Details Info about this row that located on 274 Newmarket Rd, Durham, NH 03824 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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