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79-81 Main StreetPeterborough, NH 03458Price: $150,000

  • Price: $150,000
  • Est. Mortgage of $/month
  • 12 Days on Market
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Federal 30-year interest rate: 2.78% last updated on Jul 22, 2021
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  • $150,000List Price
  • 0.06Acreage

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Listed by Cathy Cambal-Hayward of BHG Masiello Peterborough
Attention Investors and Contractors! Opportunity for great ongoing revenue stream and quick return on investment. Three story downtown apartment building with architectural plans available for complete renovation for three units. First floor designed for 2 BR/1 BA apartment. Second and third floor designed for two 3 BR/1 BA apartments, each with additional office space, interior and exterior exits. Roof only 10 years old. Sale comes with 28 brand new Pella 350 replacement windows and screens to be installed by the supplier. First floor is gutted, studs-in. This is an R2, Level 3 renovation. New insulation, heating and plumbing systems are required. Structurally, very sound, with roof and vinyl exterior in great shape. Gross revenue potential of approximately $65k/yr. Location and purpose makes buyer eligible to apply for Community Revitalization Tax Relief Incentives. Experienced investors will recognize the income and tax break potential and quick ROI. Walk to everything! Building being sold as-is.

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Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated July 26, 2021.

 

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