Adam Dow Real Estate

143 Jaffrey RoadMarlborough, NH 03455Price: $425,000

  • Price: $425,000
  • 131 Days on Market
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Federal 30-year interest rate: 6.42% last updated on Mar 16, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $425,000List Price
  • 3.2Acreage
Listed by Rochelle Bunton of Bean Group / Keene (Off: 800-450-7784)

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A GREAT INVESTMENT!! Currently has an 8.7% cap rate, and that is with a below-market residential rent. With current market rent, cap rate should be over 10! Single family home, detached garage and commercial space on one lot. Lot is zoned Commercial C-2. House is 1,402 ft2 with 4-5 nicely sized bedrooms and a full bath. Second floor does have lower ceilings. Hardwood floors in much of the house and nice fireplace. All buildings have been well maintained by the current owner. 2,784 ft2 commercial building presently houses a machining business with both shop and office space. Current tenant is planning to vacate by end of February. The commercial building has mini-splits that provide heating and cooling, as well as a forced hot air furnace for backup heat. 3-phase electricity and a loading dock!! There is also a 2 car detached garage that is set-up for a heating source and compressed air and an 8' door. All roofs have been replaced within the last 5 years. Private drilled well with public sewer. Live onsite and run your business, or rent the house out for additional revenue! Buyer to complete all due diligence.

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Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 March 27, 2023 11:53 PM EDT

 

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