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192 Parade Road, Barnstead, NH 03218
$580,000
192 Parade Road, Barnstead, NH 03218View this property at 192 Parade Road, Barnstead, NH 03218
192 Parade RoadBarnsteadNH03218
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Property Description
Welcome to the perfect WATERFRONT investment opportunity! Generating over $60,000 in NET INCOME/year, this outstanding 5-unit rental property offers an excellent return on investment and is sure to captivate seasoned investors and aspiring landlords alike. Situated in a desirable location on the Suncook River Reservoir, this property has a history of steady income. Let's explore the unique features and benefits of this remarkable investment: 2 of the 5 units are in the main duplex style building plus there are 3 stand alone units. Each unit has amazing views and access to the reservoir. Tenants are responsible for all their own utilities, including heat and there is ample parking. Updates include new flooring, roofing for some units. This incredible 5-unit rental property presents an exceptional opportunity for investors seeking a lucrative venture in the real estate market. Don't miss your chance to own this one of a kind property - envision your prosperous future! Showings begin, by appointment only on FRIDAY, JUNE 9, 4-6pm & SATURDAY, JUNE 10 from 2-4pm
Full Property Details
Full Property Details for 192 Parade Rd
General
- Sold For: $580,000
- Taxes: $5,523 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: 4955891
- Added to Site: 332 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- 3/4 Bathrooms: 4
Exterior
- Exterior Features: Deck, Shed, Windows - Double Pane
- Color: Tan/White
Parking
- Parking: Parking Spaces 1 - 10
Location
- County: Belknap
- Condo Project Name: Monthly
- Driving Directions: GPS to 192 Parade Road, Barnstead.
Heating & Cooling
- Cooling Type: None
- Heating Type: Direct Vent, Hot Water
- Heating Fuel: Gas - LP/Bottle
- Furnaces: 5
- Water Heater: Electric
- Water Heaters: 5
Utilities
- Sewer: Private
- Water: Private
- Separate Meters: Yes
Structural Information
- Architectural Style: Detached, Duplex, Freestanding, Tiny Home
- Construction Status: Existing
- Construction: Wood Frame
- Exterior Const.: Vinyl Siding, Wood
- Basement: Yes
- Basement Entrance: Walk-up
- Basement Desc.: Concrete Floor, Crawlspace
- Roof: Shingle - Architectural
- Stories/Levels: 2
- Finished Total: 2,900 Sq. Ft.
- Finished Above Grnd: 2,900 Sq. Ft.
- Year Built: 1965
Unit Information
- 1 Bedroom Units: 3
- 2 Bedroom Units: 2
- Units w/Refrigerators: 5
- Units w/Range/Oven: 5
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,560
- Frontage: Yes Road Frontage
- Frontage Feet: 700
- Street/Road Desc.: Public
- Driveway/Sidewalk: Dirt
- Zoning: SUNCOOK RV RES
- Lot Description: Level, Water View, Waterfront
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Front Type: Reservoir
- Water Front Name: Suncook River Reservoir
- Water Front Owned: 1
Financial Considerations
- Price Per Sq. Ft.: $205.17
- Tax Amount: $5,523
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Lot Number: 27
Listed by KW Coastal and Lakes & Mountains Realty, Alyson Mueller
Sold by KW Coastal and Lakes & Mountains Realty/Laconia, Shannon L. Casey
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Schools
Schools serving 192 Parade Rd
School Districts:Barnstead School District, Prospect Mountain School District
Rating | Name | Grades | Distance |
---|---|---|---|
91 Maple St, Ctr Barnstead, NH 03225 | PK-8 | 1.2 mi | |
242 Suncook Valley Rd, Alton, NH 03809 | 9-12 | 7.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 192 Parade Rd
Date
Details
Price
Change
Source
8/21/2023
Sold
$580,000
-2.52%
MLS
6/06/2023
Listed
$595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
192 Parade Road, Barnstead, NH 03218 (MLS# 4955891) is a Multi-Family property that was sold at $580,000 on August 21, 2023. Want to learn more about 192 Parade Road? Do you have questions about finding other Multi-Family real estate for sale in Barnstead? You can browse all Barnstead real estate or contact a Coldwell Banker agent to request more information.