Skip To Content
Courtesy of Brandon Elsemore of Kw Coastal And Lakes & Mountains Realty: [IDXCONTACTINFORMATION].

2008 Wakefield Road

Wakefield, NH 03872
  • $1,150,000
  • STATUS: Active
  • ON SITE: 151 Days
  • MLS #: 4928601
UPDATED: 60 min ago
$1,150,000
  • 0
    BEDS
  • 1.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1880
County:
Area:

School Ratings & Info

Description

Incredible opportunity for an investor in low tax Wakefield, NH. This 8 unit multi-family has a potential cap rate of 8.7% and the potential to net close to a 100K yearly with the new rental rates. The entire building went through extensive renovations within the last 5-7 years. Recent improvements throughout include are pointed foundation, newer roof, updated plumbing, electric, & a Buderus heating system. This property has seven 1 bedroom units, and one 2 bedroom unit. Each unit has been tastefully updated to keep up with modern trends while also maintaining a classic New England colonial feel. Units have updated kitchens which include granite countertops, vinyl replacement windows and many units have wood floors and cathedral ceilings. Common laundry room located in the walkout basement space is set up and ready for 3 sets. Plenty of storage in the walkout basement for the owner or can be set up for tenants. Each unit is metered separately for electric. Come see why this property has had a 100% occupancy rate.

Monthly Payment Calculator



© Copyright 2023 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2023-02-06T10:05:55.163.
www.mcguirkproperties.com/homes/132871450
Print Image

2008 Wakefield Road Wakefield, NH 03872

  • Price: $1,150,000
  • Status: Active
  • On Site: 151 Days
  • Updated: 60 min ago
  • MLS #: 4928601
0
Beds
0
Baths
0
½ Baths
1.5
Acres
1880
Built
Neighborhood:
Wakefield
County:
Carroll
Area:
Wakefield
Property Description
Incredible opportunity for an investor in low tax Wakefield, NH. This 8 unit multi-family has a potential cap rate of 8.7% and the potential to net close to a 100K yearly with the new rental rates. The entire building went through extensive renovations within the last 5-7 years. Recent improvements throughout include are pointed foundation, newer roof, updated plumbing, electric, & a Buderus heating system. This property has seven 1 bedroom units, and one 2 bedroom unit. Each unit has been tastefully updated to keep up with modern trends while also maintaining a classic New England colonial feel. Units have updated kitchens which include granite countertops, vinyl replacement windows and many units have wood floors and cathedral ceilings. Common laundry room located in the walkout basement space is set up and ready for 3 sets. Plenty of storage in the walkout basement for the owner or can be set up for tenants. Each unit is metered separately for electric. Come see why this property has had a 100% occupancy rate.
Exterior Features

Construction Wood Frame Exterior Wood Siding Lot Description LandscapedSloping Parking Parking Spaces 5 - 10Paved Road Frontage Yes Road Frontage Length 197 Roof Shingle - Architectural

Interior Features

Basement Yes Basement Access Type Walkout Basement Description Concrete FloorFullStorage SpaceSump PumpUnfinishedWalkout Cooling None Foundation BrickStone Heating BaseboardHot Water Sq Ft Total Building 4177

Property Features

Covenants No Electric Circuit Breaker(S)Underground Flood Zone No Foreclosed / Bank Owned / REO No Gross Income 117600 Heat Fuel Oil Pre Construction No Sale Includes Building Seasonal No Sewer PublicSeptic Sub Property Type Multi-Family Tax Gross Amount 4286 Tax Year 2021 Taxes Tbd No Utilities Internet - Cable Vacant Land No Water Public Zoning V/Rws

Courtesy of Brandon Elsemore of Kw Coastal And Lakes & Mountains Realty: [IDXCONTACTINFORMATION].


© Copyright 2023 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2023-02-06T10:05:55.163.
 
https://bt-photos.global.ssl.fastly.net/nneren/1280_boomver_1_4928601-2.jpg https://bt-photos.global.ssl.fastly.net/nneren/1280_boomver_1_4928601-2.jpg https://bt-photos.global.ssl.fastly.net/nneren/1280_boomver_1_4928601-2.jpg
Logo
McGuirk Properties, LLC
95 Ocean Blvd
Hampton NH, 03842