597 ROUTE 25 Rumney, NH 03266 | Commercial Sale | Multi-Family

$335,000

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12 acres
Coldwell Banker Old Mill Properties/B Logo
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Coldwell Banker Old Mill Properties/B

Description

Great investment opportunity available now at Heritage View. 10 unit apartment building on 12 acres now for sale on Route 25 in Rumney. Many upgrades have been completed since 2004 including a metal roof, all interior/exterior windows replaced, outdoor wood boiler installed, and most vinyl replaced with tile in the kitchen and bathrooms. The furnace has been regularly serviced, and the septic tank pumped regularly. There is no problem keeping the units rented. When one becomes available, there are multiple inquiries even before advertising. Rents right now are under current market rates and could be raised to increase the profit margin. Most of the acreage is in current use, but if taken out could be used for possible expansion or other uses. Financials available upon request.

Property Details

List Price $385,000 Sold Price $335,000 List Date 2021-05-25 Sold Date 2021-11-12 MLS ID 4862955 Status Closed Property Type Commercial Sale Business Type Multi-Family County NH-Grafton Days on Market 91

structure

basement No Total Baths 0 building area units Square Feet building name Heritage View cooling None foundation details Slab - Concrete heating Hot Water, Wood Boiler living area units Square Feet Parking Features On-Site, Parking Spaces 1 - 10, Unassigned roof Metal stories 1 year built 1960

characteristics

Acres 12 lot size area 12.0 Lot SqFt 522720.0 # of Units 10

tax

tax annual amount 6516.0 tax year 2020 zoning Commercial

contract

foreclosure y n No

compensation

Buyer Agency Comp. 2.5 Buyer Agency Comp. Type % Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 3/19/2024 12:50:58 AM (UTC)