Active Under Contract
The Atlantic Real Estate Network
*INVESTORS TAKE NOTICE* Three story apartment complex in downtown Haverhill, NH. Centrally located on Main Street in the village of Woodsville, NH near the Vermont and New Hampshire border along the Connecticut River with a high traffic count on Central Street. The large commercial space and 14 residential apartment units are fully occupied with positive cash flow. A great opportunity to purchase an income producing investment property with roughly, a potential, 10% cap rate. With the possibility of an additional 1-2 units that could be added later with some minor renovations, creating an even greater net income. Many updates include several fully renovated units, updated electrical with circuit breaker boxes for each individual unit. The Peerless boiler heating system and water heater are in excellent working condition, newer roof, fire alarm system and sprinklers throughout the building, cameras covering the property for a safe comfortable environment for the tenants, most of which have occupied the property for many years. Excellent occupancy rates historically. In addition to the main property, included is the adjacent lot used primarily for parking exclusively for the tenants. This parking lot has new pavement and is a fantastic asset to the building. With housing demands at an extreme high and supply at an all time low, this would make a great investment piece to add to you rental portfolio. Please allow 72 hours notice, minimum, for all showings.
Listing Office The Atlantic Real Estate Network
Updated 4:21PM - 1/18/2022
Listing Agent Jennifer Impey
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