25-39 Front Street Pembroke, NH

$1,595,000
Beds 20
Baths 8
Square Footage 7,680
Acres 0.40
Photo of 25-39 Front Street Pembroke NH 03275




Description

Rare opportunity to acquire an eight-unit multifamily portfolio in the heart of Pembroke’s Suncook Village. Offered together, 25-31 Front Street and 33-39 Front Street are two abutting four-unit properties situated on ±0.4 acres total, located opposite the Emerson Mills Condominiums and very close to the scenic Suncook River. Both buildings have undergone substantial improvements under current ownership, with all eight units having been renovated and several heating and hot water systems having been replaced. The portfolio is comprised of four 2BR/1BA garden-style apartments and four large 3BR+/1BA townhouse-style apartments, with a mix of occupied and vacant units offering immediate income as well as owner-user or value-add flexibility. Utilities are separated, with each unit responsible for its own electric, natural gas heat, and hot water. The properties offer ample off-street parking, and 33-39 Front Street also includes a two-stall garage currently rented for additional income. Suncook’s growing market is being discovered as a convenient midpoint between Manchester and Concord, located only 5 minutes off I-93 and less than 20 minutes from both cities. This is a strong opportunity to acquire a renovated multifamily portfolio in an increasingly desirable rental market. Owner is a licensed New Hampshire real estate salesperson.


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

Details

MLS 5097324
Price $1,595,000
Status Pending
DOM 99 days
Type Multi-Family
Style Multi-Family
Beds 20
Baths 8 full baths
Square Feet 7,680 sqft
Lot Size 0.40 acres
Year Built 1850
Taxes Paid $20,340

Lot & Building Features

Utilities Other
Construction Wood Frame
Cooling None
Heating Natural Gas, Hot Water, Forced Air
Sewer Public
Tax Year 2025
Taxes Paid $20,340
Water Public
Basement Description Unfinished
Foundation Fieldstone
Lot Description Sidewalks, City Lot, In Town, Level
Roof Asphalt Shingle
Garage Yes

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 2
Unit 1 Lease Term Annual
Unit 1 Level Number 33 Front
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1600.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Status Leased
Unit 2 Baths 1
Unit 2 Bedrooms 3
Unit 2 Lease Term Annual
Unit 2 Level Number 35 Front
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 2200.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Status Leased
Unit 3 Baths 1
Unit 3 Bedrooms 3
Unit 3 Lease Term Annual
Unit 3 Level Number 37 Front
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 2075.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Status Leased
Unit 4 Baths 1
Unit 4 Bedrooms 2
Unit 4 Level Number 39 Front
Unit 4 Rental Agreement No
Unit 4 Status Vacant
Unit 5 Baths 1
Unit 5 Bedrooms 2
Unit 5 Lease Term Month to Month
Unit 5 Level Number 25 Front
Unit 5 Rental Agreement No
Unit 5 Rental Amount 2070.00
Unit 5 Rental Amt Freq Monthly
Unit 5 Status Month to Month
Unit 6 Baths 1
Unit 6 Bedrooms 3
Unit 6 Lease Term Annual
Unit 6 Level Number 27 Front
Unit 6 Rental Agreement Yes
Unit 6 Rental Amount 2195.00
Unit 6 Rental Amt Freq Monthly
Unit 6 Status Leased
Unit 7 Baths 1
Unit 7 Bedrooms 3
Unit 7 Level Number 29 Front
Unit 7 Rental Agreement No
Unit 7 Status Vacant
Unit 8 Baths 1
Unit 8 Bedrooms 2
Unit 8 Level Number 31 Front
Unit 8 Rental Agreement No
Unit 8 Status Vacant

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Financing

$
20%
1.2752351097179%
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.