Do Real Estate on the Go!
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Do Real Estate on the Go!
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Listed by: Laurie Norton Team | BHGRE Masiello Bedford (603) 625-2800
$615,000
-- Bed
- -- Bath
2,936sqft
5 Ormond St, Concord, NH 03301
$615,000
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Multi Family
Built in 1829
$-- HOA
13,068 sqft lot
$209/sq.ft
Description
Excellent opportunity to start, or add to your investment portfolio! Fully occupied multifamily featuring two legal residential units plus an additional income-producing studio, generating approximately $60,000 in gross annual rental income. The property includes one full bathroom and 3 - three-quarter baths enhancing tenant functionality and supporting strong rental performance compared to typical two-unit properties in the area. Qualified buyers may assume the existing FHA mortgage with an approximate balance of $271,000 at ~3% interest, creating significant monthly payment savings versus current market financing rates. This rare low-rate assumption materially improves ...
Continue ReadingProperty Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1829
HOA Fees
-
Finished Area
2,936 sqft
Lot Size
13,068 sqft lot
Basement Area
- sqft
MLS Name
NEREN/Prime MLS
MLS Number
5075525
MLS Status
(30) Under Contract - Pending
Days on Market
18
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