Price Reduced 8.33%
Listing courtesy of Champion Realty Group, Keller Williams Gateway Realty Phone: 603-883-8400
Price History
$599,900
10/16/2024
$549,900
11/11/2024
50 North Spring Street, Concord, NH, 03301
5 beds
4 Full baths
1880
New Englander
2,761 sqft
Huge Price Reduction! Prime investment opportunity in the heart of downtown Concord! This charming and well-maintained 4-unit New Englander offers excellent income potential. The property consists of one large 3-floor unit featuring 2 spacious bedrooms, 1.5 baths, a formal living room, dining room, bonus room, and plenty of storage space, perfect for an owner-occupant or perfect for a high-end tenant. Additionally, there are two comfortable 1-bedroom units and a cozy studio, ideal for consistent rental income. Tenants enjoy a shared outdoor patio area, along with a private rear yard and garden space for relaxation or gardening enthusiasts. The utility room provides laundry access for all tenants, and the garage is currently used for owner storage but offers potential for other uses. Roof (12 years old), a modern heating system (12 years old), a 4-year-old water heater, and a fully updated electrical system. The property is served by public water and sewer and natural gas. With the option to separate utilities for increased rental value, a fresh coat of paint, and minor repairs, this property is poised to offer a worry-free investment or a fantastic owner-occupied opportunity. Walking distance to all of downtown Concord’s amenities, restaurants, and shops, this is the ideal location for urban living with small-town charm. Don’t miss out on this rare find!
Status:
Active
Type:
Multi-family
Units:
4
Zoning:
RD
Frontage:
50
Garage:
1-car Garage
Heating:
Natural Gas, Hot Water
Cooling:
None
Basement:
Exterior Access
Parking:
Off Street, Parking Spaces 3
Acreage:
0.14
Est. Taxes:
$9,842
Lot Description:
City Lot,In Town
MLS #:
5018781