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111 Main Street

Kingston, NH 03848
  • $2,199,900
  • STATUS: Active
  • MLS #: 73217577
$2,199,900
  • 13
    BEDS
  • 3.7
    ACRES
  • 14
    BATHS
  • 0
    1/2 BATHS
  • 10,375
    SQFT
  • $212
    $/SQFT
Type:
Multi-Family
Built:
1950
County:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Lynne Merrill of The Merrill Bartlett Group.

Description

A rare and very unique investment & business opportunity. This multi-family rental property 'complex" is comprised of 5 buildings that generate a consistent ROI and with some additional creativity and change, can have even greater earning potential! A mix of 11 1-Bedroom Units, a Single Family 2 BR building with full basement, an additional building that the first floor can be utilized as an Office or Property Management building, with a heated full 2-Car Under Garage, large workshop and small Office area below. Finish it off with an additional building with a full Carport or Boat Storage, a side storage area, and all the parking that its tenants need and more! Don't miss out on this once in a life-time opportunity, in a small quaint town, with local, natural attractions, close to shopping, easy commuting and great additional growth potential! Request an opportunity to see this Unique property today! Assisted Showings Only! Please use Showing Time for all appointment inquiries.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2024-04-23T15:06:35.737.
www.welchmanrealestate.com/homes/149024187
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111 Main Street Kingston, NH 03848

  • Price: $2,199,900
  • Status: Active
  • On Site: Days
  • MLS #: 73217577
13
Beds
14
Baths
0
½ Baths
3.7
Acres
10,375
SQFT
$212
$/SQFT
1950
Built
County:
Rockingham
Elementary School:
Daniel J Bakie
Middle School:
Sanborn Reg.
High School:
Sanborn Reg.
Property Description
A rare and very unique investment & business opportunity. This multi-family rental property 'complex" is comprised of 5 buildings that generate a consistent ROI and with some additional creativity and change, can have even greater earning potential! A mix of 11 1-Bedroom Units, a Single Family 2 BR building with full basement, an additional building that the first floor can be utilized as an Office or Property Management building, with a heated full 2-Car Under Garage, large workshop and small Office area below. Finish it off with an additional building with a full Carport or Boat Storage, a side storage area, and all the parking that its tenants need and more! Don't miss out on this once in a life-time opportunity, in a small quaint town, with local, natural attractions, close to shopping, easy commuting and great additional growth potential! Request an opportunity to see this Unique property today! Assisted Showings Only! Please use Showing Time for all appointment inquiries.
Exterior Features

Color white Construction Materials Frame Covered Spaces 2 Frontage Length 222.00 Garage YN Yes Lot Features WoodedGentle SlopingLevel Open Parking YN Yes Parking Features Paved DriveOff StreetAssignedPaved Parking Total 26 Patio And Porch Features PorchDeck - WoodPatioPatio - Enclosed Road Frontage Type Public Road Responsibility Public Maintained Road Road Surface Type Paved Roof Shingle Spa YN No Waterfront Features Beach FrontLake/Pond0 to 1/10 Mile To BeachBeach Ownership(Public) Waterfront YN No

Interior Features

Appliances RangeMicrowaveRefrigeratorDishwasher Basement FullWalk-Out AccessGarage AccessConcrete Building Area Total 10375 Cooling Window Unit(s)Wall Unit(s) Cooling YN Yes Fireplace YN Yes Fireplaces Total 2 Flooring VinylLaminate Foundation Details Concrete PerimeterStoneOther Heating ElectricWall UnitPropane Heating YN Yes Interior Features High Speed InternetBathroom With Tub & ShowerSliderOtherStorageLiving RoomKitchenLoftDining RoomLaundry Room Laundry Features Washer & Dryer Hookup Lead Paint Unknown Rooms Total 53 Window Features Storm Window(s)

Property Features

Buyer Agency Compensation 2.0 Community Features ShoppingParkWalk/Jog TrailsGolfConservation AreaPublic School Disclosures See Attached Electric 100 Amp Service200+ Amp ServiceVaries per Unit Electric Expense 5000 Green Energy Efficient ThermostatVaries per Unit Gross Income 159840 Home Warranty YN No Insurance Expense 7000 Net Operating Income 159840 Operating Expense 51658 Property Sub Type 5-9 Family Rent Includes Unit 1(HeatWater)Unit 2(HeatWater)Unit 3(HeatWater)Unit 4(HeatElectricWaterHot Water) Senior Community YN No Sewer Private Sewer Tax Annual Amount 18863 Tax Year 2023 Total Actual Rent 4595 Transaction Broker Compensation 2.0 Utilities for Electric Range Water Source Private Year Built Details Unknown/Mixed Zoning SFRAQ

Listing information © 2024 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Lynne Merrill of The Merrill Bartlett Group: 603-642-5171.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2024-04-23T15:06:35.737.
 
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Welchman Real Estate Group | Lila Delman Compass
29 Meetinghouse Lane
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Listing courtesy of Lynne Merrill of The Merrill Bartlett Group.