10 N State St - Multi-Family FOR SALE


Concord, NH 03301
$1,300,000 USD
603-703-5617
10 N State St, Concord, NH for Sale
$1,300,000 USD
Multi-Family - FOR SALE
1/33
null | 7.1% Cap Rate

10 N State St
Concord, NH 03301


HIGHLIGHTS

  • Cap Rate: 7.1%
  • NOI: $92,259
  • Occupancy: 100%

OVERVIEW

8,000± SF mixed-use building available for sale, strategically positioned on a corner lot, in the heart of downtown Concord, NH. 100% occupied, presenting a turnkey investment opportunity. Building features 3 residential units and 3 commercial spaces. Recent capital improvements include new exterior doors with Wi-Fi keypad entry, steps/decking, and mini splits in each unit. Additional value-add opportunities include potential rent increases, adding coin-operated laundry machines, and leasing out existing storage lockers. Ideal asset for investors seeking a well-located, income-producing property in one of New Hampshire’s most desirable urban markets. Financials available with signed non-disclosure agreement.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$163 USD /SF

# OF UNITS

6

PRICE/UNIT

$216,667

CAP RATE

7.1%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1835

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

CBP

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Cassandra FarleyColliersMore Info
603-703-5617

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Cassandra FarleyColliersMore Info
603-703-5617

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.