List Price

$800,000

Status

Active

Type

Multi-Family

Beds

0

Baths

0

Sq. Ft.

5,460

Built

1924

Acres

0.20

$ / Sq. Ft.

$147

FeeKeeper

19

Style

Units are Side-by-Side

Taxes

$10,111

Nearby Schools
Neighborhood
Tranquility
Market Insights
Property History

This is a rare opportunity to acquire a fully stabilized retail asset in Downtown Deep River. Additional income generation is possible by monetizing 800sqft of unrented commercial space. Inside the past 5 years the owner has replaced the entire roof, upgraded the electrical service and replaced all of the furnaces. Upon leasing up the existing units along with the 800sqft space in the rear of the building, this property will appraise north of $1.2M. What this means for a potential buyer, is that through an all cash or bridge acquisition, they will be able to pull out 100% of their investment upon refinancing during the 12-24 month lease up period. The income analysis, location, walkability, and quintessential New England charm of downtown Deep River are all important considerations for buyers seeking a dream location for their small business. For non owner-operator investors the deal will provide stable returns and ease of management.

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You Keep The Fee

Estimated rebate calculated using List Price and co-broker commission offered on the MLS. Realtor commission rebates are not available where prohibited by law. See full Terms and Conditions .

$20,000

Commission structure not available, using default of 2.5%

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Questions

FeeKeeper is here to help, reach out with any questions you may have.

(860) 310-1255

Brokered By

Connor Wenchell, VC Property Group, LLC

  • Last Checked 1 Minute
  • Last MLS Update 17 Days

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