527 Tamworth Rd - Apartments FOR SALE


Tamworth, NH 03886
$999,000 USD
603-520-1875
527 Tamworth Rd, Tamworth, NH for Sale
$999,000 USD
Apartments - FOR SALE
1/53
null | 8.74% Cap Rate

527 Tamworth Rd
Tamworth, NH 03886


OVERVIEW

Prime Investment Opportunity!! Don’t miss this well-maintained and professionally managed 6-unit apartment complex set on over 3 acres with more than 500 feet of frontage along the Swift River. The property includes five 2-bedroom, 2-bath townhouse-style units, each approximately 1,200 square feet, and one spacious 3-bedroom, 2-bath unit with about 1,700 square feet. Two units have patios, the rest have decks. All units are in great condition and produce strong cash flow. Recent improvements include a new septic system for one building and a newer drilled well, tree removal, driveway regrading and other items. Radiant heat on the 1st level and baseboard hot water on the 2nd level in all units by propane. Gross annual income is approximately $118,000. Tenants pay their own utilities and can enjoy the common area at the river. Conveniently located just off Route 113 and close to town, this property combines a strong return with long-term potential.

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$121 USD /SF

# OF UNITS

5

PRICE/UNIT

$199,800

CAP RATE

8.74%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime Investment Opportunity!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2003

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.26 AC

LAND SF

142,006 SF

ZONING

TAMWOR

APN/PARCEL ID

TAMW-000415-000076

ASK ABOUT THIS PROPERTY

Gerard CostantinoCostantino Real Estate LLCMore Info
603-520-1875

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Gerard CostantinoCostantino Real Estate LLCMore Info
603-520-1875

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