15 High Street

Description

15 High St consists of two buildings on the parcel, containing two (2) 2-Bedroom/1-Bathroom units and six (6) 1-Bedroom/1-Bathroom units with 4,519 square feet of gross living area in 7,739 square feet of gross area. The Property is situated upon a 0.68-acre parcel and features ample off-street parking spaces. 15 High Street is well situated within the town center of Winchester, offering direct access to the area’s small-town commercial corridor, local services, and surrounding residential neighborhoods. Tenants are responsible for electric powered hot water and separately metered electricity in Units 1-5 and 8, while the Landlord is responsible for paying for Units 6 and 7. The Landlord is responsible for providing oil powered heat to Units 1-5 and 8, while tenants are responsible for propane powered heat in Units 6 and 7. The Landlord is responsible for providing public water & sewer to all units. 15 High Street benefits from a village-center location in Winchester, NH, placing it within a short walk of Main Street and local services while offering straightforward regional roadway access via NH Route 10 and nearby NH Route 119. In-place rents are below the current market rates; the opportunity exists to continue to upgrade unit interiors and common areas to drive rental rates in an supply constrained residential market.