PRICE INCREASE FOR NEW 50 YEAR WARRANTY ROOF AND NEW ROOF SHEATHING PLYWOOD. Investors, flippers, and contractors take notice! Check out this incredible deal, with a great cap rate, in one of the hottest markets in Strafford county! There is unlimited potential, with potential gross income over $42,000 annually, and current expenses below $6,000. Where else can you find three units for only $55,633 a piece? Bring your toolbox and painting supplies, and bring this tired investment back to life. This is the perfect property to execute the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy. Rehab the property and complete a cash out refinance with your built-in sweat equity, then repeat the process again with your refinance proceeds utilized for your next project. This investment consists of two residential units and a commercial unit. The lower level consists of large open-space rooms, perfect for a growing business. The second floor boasts two residential units with two bedrooms each. The unit on the right includes a bonus room and an attic that is perfect for storage. Enjoy the red suede kitchen, accompanied by its stunning brick walls and wood-frame panels. This investment offers many advantages including separate utilities, plenty of parking out back, and more! That is not all: The location cannot get any better, as tenants are located in the heart of downtown and are only a short distance from the Cocheco River, restaurants, convenience stores, and major routes.
4840449
Residential - Multi-Family, 2 Story
1920
NH-Strafford
0.11
Acres
Public
2
Asphalt
Public Sewer
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Data Provided by ATTOM Data Solutions
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
Transit Score
Bike Score
Data Provided by Walk Score®
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Data Provided by ATTOM Data Solutions
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