Listing courtesy of Nick Gray, Gray Property Group, LLC Phone: 603-637-4812
76 Main Street, Peterborough, NH, 03458
0 beds
1913
Apartment Building
2,786 sqft
Nicely maintained 4-unit multifamily property in Downtown Peterborough consisting of two 2-bedroom units and two 1-bedroom units. This property has been improved by the current owner and features fresh paint, vinyl plank flooring, and mostly updated kitchen/bath fixtures. The four rents average $1,264/unit/month with the landlord paying for heat and hot and cold water, and tenants paying for their own electricity. Further upside income potential exists for a new owner willing to renovate. In total, the property produces ~$61K/year in gross revenue and ~$34K/year in net operating income. The property’s two driveways provide a total of six parking spaces, four assigned spaces and two tandem spaces. Coin-operated laundry machines and four tenant storage units are in the basement. Owner is a real estate licensee.
Status:
Active
Type:
Multi-family
Units:
4
Zoning:
COM
Heating:
Oil, Steam
Cooling:
None
Basement:
Full
Acreage:
0.11
Lot Description:
City Lot
MLS #:
5023188