$2,400,000 ($312.74 per sqft)

Est. Mortgage $11,822/mo *

Quick Pre-Approval

Listing courtesy of Steve Cotran, RE/MAX Area Real Estate Network Phone: 603-626-5000


3 S shore Road, Salem, NH, 03079

3 S shore Road, Salem, NH, 03079

29 rooms

14 beds

9 Full baths

1880

Apartment Building

7,674 sqft

Excellent location just a few minutes from I93 exit 2 on a large almost two acre lot in a low density single family neighborhood. This 9 unit building on city sewer has a large welcoming back yard, extra land and ample paved parking. Most apartments have been freshly renovated with new kitchens with granite tops and sleek stainless steel appliances, new baths, new or gleaming refinished hardwood flooring, LED lighting, new decks, sliding doors and windows. Each apartment has separate heat and electric and produces an 8% capitalization rate. There is a large large U=shape drive and parking area with a total of three curb cuts on 396 feet of road frontage. Principals of selling entity are licensed real state agents.


Status:

Active

Type:

Multi-family

Units:

9

Zoning:

APT 8+Up MDL-01

Frontage:

396

Heating:

Hot Water

Cooling:

None

Basement:

Dirt

Parking:

Driveway, Off Street, On-Site, Parking Spaces 11 - 20, Paved

Acreage:

1.8

Est. Taxes:

$13,322

Lot Description:

Level

MLS #:

5023421


Community Info

School Info

Walk Score

Mass Transit

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