Listing courtesy of Jennifer Jutras, NOBO Real Estate Jenn@noborealestate.com
234 N Main Street, Concord, NH, 03301
1950
Assumable loan with a 3% interest rate! Loan is for $375,000, 3% interest only payments, balance due Nov 2028. Interest payment is only $937.50 per month, for an additional 39 months. Landlord only pays the taxes. No other expenses are incurred - 16% ROI. Here's your opportunity to own a 2 unit commercial building fully rented - on the left side, Papa John's has a long term lease and takes care of all maintenance. Right hand side is a nail salon on a month to month lease. Tenant has been in the business for 20 years and is looking to stay - sign a lease or put your own business in! 6% cap rate with both tenants. Roof is only 6 years old, ACs are 5 yrs and 10 yrs and are the responsibility of the tenants. Building was painted and repaved less than 2 years ago. Solid building, and a solid investment.
Status:
Active
Type:
Commercial
Units:
2
Zoning:
CU
Parking:
On-Site, Paved
Acreage:
0.18
Est. Taxes:
$10,965
Elementary School:
460500
School District:
Magoon
MLS #:
5055774