Listing courtesy of Steve Cotran, RE/MAX Area Real Estate Network Phone: 603-626-5000
3 S Shore Road, Salem, NH, 03079
27 rooms
12 beds
9 Full baths
1880
Apartment Building
7,674 sqft
Excellent location just a few minutes from I93 exit 2 on a large 1.8 acre lot in a low density single family neighborhood. This 9 unit building on city sewer has a large welcoming back yard, extra land and ample paved parking a short walk from Canobie Lake which you can see from the 3rd floor. The building will be occupied and stabilized. 6 apartments have been completely renovated with new kitchens granite tops and sleek stainless steel appliances, new baths, new or refinished hardwood flooring, LED lighting, new decks, sliding doors and windows. Each apartment has separate heat and electric and produces an 8% capitalization rate. There is a large large U=shape driveway and ample parking area. Unit 9 is a 2 bedroom freshly renovated town-home style unit with sliders to a rear deck, new kitchen, bath, appliances, refinished wood flooring. Principals of selling entity are licensed real state agents.
Status:
Active
Type:
Multi-family
Units:
9
Zoning:
APT 8+Up MDL-01
Frontage:
396
Heating:
Hot Water
Cooling:
None
Basement:
Dirt
Parking:
Driveway, Off Street, On-Site, Parking Spaces 11 - 20, Paved
Acreage:
1.8
Est. Taxes:
$13,283
Lot Description:
Level
MLS #:
5038205