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USANHSalem3 S Shore Rd
3 S Shore Rd, Home with 14 bedrooms, 9 bathrooms and 20 parking in Salem NH | Image 1
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$2,385,000

3 S Shore Rd, Salem, NH

Real Estate

For Sale

$--,---,---
14920
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 7674 sqft
Garage No
Taxes $13,222
Days Active 7
Lot Size 
Approx. Age 1880
Avg. Price Per Sqft $310
MLS® Number 73389898

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

An exciting investment opportunity with you. Located just minutes from I-93 Exit 2 in a low-density single-family neighborhood, this well-maintained 9-unit apartment building sits on a spacious 1.8-acre lot and is connected to city sewer. The property boasts a large and inviting backyard, ample paved parking, and extraland, all within a short walk of Canobie Lake, which offers seasonal views from the third floor. The building is currently occupied and stabilized, presenting an immediateincome stream. Six of the apartments have been recently and completely renovated, featuring modern kitchens with granite countertops and stainless steel appliances, updated bathrooms, refinished or new hardwood flooring, energy-efficient LED lighting, and new decks, sliding doors, and windows. Each unit is separately metered forheat and electricity and the property currently yields a strong 8% capitalization rate. The property also features a large U-shaped driveway providing ease of access.Show Description
MLS® Number73389898
Laundry Level
Central VacNo
FireplaceNo
Acreage1.8
Exterior
GarageNo
Approx. Age1880
BasementFull
DrivewayPaved Drive, Off Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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