Price: | $550,000 | Status: | Active |
Taxes: | $6,600 | Lot Size | 5.9 |
WHAT AN OPPORTUNITY-First off, this offering includes 10 condominium units in one building, 5 on the first floor and 5 on the second floor. This is a converted motel and each unit is 320 square feet with a bathroom, kitchenette and enclosed porch overlooking, and steps away from the Pemigewasset River in a beautiful, private and wooded site. All 10 units are rented in a neat package with good income figures and good return on your investment, whether you pay cash or finance, with a Capitalization Rate of 9.6%. Want your own place in the New Hampshire White Mountains? Convert some units for your own use and rent out the rest to offset expenses with a positive cash flow. Super convenient location right off I-93, 4 miles from Plymouth State University, 5 miles from shopping, 16 miles to Waterville Valley Resort and 18 miles to Loon Mountain. Financials available upon request.
Listed by Thomas Tremblay of Coldwell Banker LIFESTYLES- Lincoln.
Copyright ©2021 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 who may be interested in purchasing. Data last updated 4/20/2021 3:05:51 AM