Listing courtesy of Matthew Lefebvre, Downtown Realty 603-554-2309
25-31 Front Street, Pembroke, NH, 03275
10 beds
1850
Multi-Family
3,840 sqft
Now's the opportunity to own a large four-unit investment property (or two!) in the heart of Pembroke. This four-unit multifamily sits on ±0.2 acre lot located opposite the Emerson Mills Condominiums and very close to the idyllic Suncook River. This building has undergone substantial improvements under current ownership with all four units having been renovated, two units undergoing a lead-abatement, and several heating or hot water systems having been replaced. The property is comprised of two 2BR/1BA garden-style apartments and two large 3BR+/1BA townhouse-style apartments with one of each unit type currently vacant. The two occupied units produce strong rents showing the increased demand and attraction to the Suncook Village rental market. Utilities are separated out with each unit responsible for its own electric, natural gas heat, and hot water. The building offers off-street parking and a convenient in-town location. Suncook's burgeoning market is finally being discovered as a convenient midpoint between Manchester and Concord; only 5 minutes off I-93 and less than 20 minutes from both cities. Don't miss this chance to acquire an investment property with strong fundamentals in a growing market. Additional opportunity to acquire abutting four-unit located at 33-39 Front Street. Owner is a licensed New Hampshire real estate salesperson.
Status:
Active
Type:
Multi-family
Units:
4
Zoning:
B-1A
Frontage:
89
Heating:
Natural Gas, Forced Air, Hot Water
Cooling:
None
Basement:
Unfinished
Acreage:
0.2
Est. Taxes:
$9,994
Lot Description:
City Lot,Level,Sidewalks
MLS #:
5097044