25-31 Front Street Pembroke, NH

$795,000
Beds 10
Square Footage 3,840
Acres 0.20
Photo of 25-31 Front Street Pembroke NH 03275




Description

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.


Listed by Downtown Realty, Matthew Lefebvre 603-554-2309

Details

MLS 5097044
Price $795,000
Status Pending
DOM 110 days
Type Multi-Family
Style Multi-Family
Beds 10
Square Feet 3,840 sqft
Lot Size 0.20 acres
Year Built 1850
Taxes Paid $9,994

Lot & Building Features

Utilities Other
Construction Wood Frame
Cooling None
Heating Natural Gas, Hot Water, Forced Air
Sewer Public
Tax Year 2025
Taxes Paid $9,994
Water Public
Basement Description Unfinished
Foundation Fieldstone
Lot Description Sidewalks, City Lot, Level
Roof Asphalt Shingle
Garage No

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 2
Unit 1 Lease Term Month to Month
Unit 1 Rental Agreement No
Unit 1 Rental Amount 2070.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Status Month to Month
Unit 1 Tenant Pays Hot Water, Heat, Electric
Unit 2 Baths 1
Unit 2 Bedrooms 3
Unit 2 Lease Term Annual
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 2195.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Status Leased
Unit 2 Tenant Pays Hot Water, Heat, Electric
Unit 3 Baths 1
Unit 3 Bedrooms 3
Unit 3 Rental Agreement No
Unit 3 Status Vacant
Unit 3 Tenant Pays Hot Water, Heat, Electric
Unit 4 Baths 1
Unit 4 Bedrooms 2
Unit 4 Rental Agreement No
Unit 4 Status Vacant
Unit 4 Tenant Pays Hot Water, Heat, Electric

Map

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Financing

$
20%
1.257106918239%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.