25-39 Front St, Suncook, NH 03275

Description

Rare opportunity to acquire an eight-unit multifamily portfolio in the heart of Pembroke’s Suncook Village. Offered together, 25-31 Front Street and 33-39 Front Street are two abutting four-unit properties situated on ±0.4 acres total, located opposite the Emerson Mills Condominiums and very close to the scenic Suncook River. Both buildings have undergone substantial improvements under current ownership, with all eight units having been renovated and several heating and hot water systems having been replaced. The portfolio is comprised of four 2BR/1BA garden-style apartments and four large 3BR+/1BA townhouse-style apartments, with a mix of occupied and vacant units offering immediate income as well as owner-user or value-add flexibility. Utilities are separated, with each unit responsible for its own electric, natural gas heat, and hot water. The properties offer ample off-street parking, and 33-39 Front Street also includes a two-stall garage currently rented for additional income. Suncook’s growing market is being discovered as a convenient midpoint between Manchester and Concord, located only 5 minutes off I-93 and less than 20 minutes from both cities. This is a strong opportunity to acquire a renovated multifamily portfolio in an increasingly desirable rental market. Owner is a licensed New Hampshire real estate salesperson....