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204-208 N Main Street, Concord, NH 03301
$1,475,000
204-208 N Main Street, Concord, NH 03301View this property at 204-208 N Main Street, Concord, NH 03301
204-208 N Main StreetConcordNH03301
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Property Description
The Property consists of four adjacent parcels of land and three two-story buildings with ten total units comprised of two commercial units, five 2-Bedroom units, two 1-Bedroom units, and one 1+ Bedroom unit. The Property features ample off-street parking and offers a stable income stream with significant upside in the existing residential rents, and through the lease up of the vacant 1,800 sq ft commercial unit. 204 N Main Street contains five units comprised of one commercial tenant (Gaslighter), three 2-Bedroom units, and one 1-Bedroom unit. 204.5 N Main Street contains two units comprised of one 2-Bedroom unit and one 1-Bedroom unit. 206 N Main Street is a 0.06-acre lot that has recently been converted into an attractive patio and green space for the commercial and residential tenants. 208 N Main Street contains three total units comprised of one commercial tenant (vacant), one 2-Bedroom unit, and one 1+ Bedroom unit. In total, Eight of the ten units are separately metered for electric, heat, and hot water, which the tenants pay directly. The landlord is responsible for heat and hot water in two units (204.5 1 & 2), common area electric, and domestic water and sewer. Over the past year, the Property has undergone significant capital improvements and renovations. On average more than 11,700 vehicles pass by the Property each day along N Main Street (US Route 3). Additionally, the municipal bus line has a stop approximately 300 feet from the Property.
Full Property Details
Full Property Details for 204-208 N Main St
General
- Sold For: $1,475,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 4979289
- Added to Site: 147 day(s) ago
Parking
- Parking: Off Street
Location
- County: Merrimack
Heating & Cooling
- Cooling Type: None
- Heating Type: Electric, Gas Heater
- Heating Fuel: Electric, Gas - Natural
- Water Heater: Gas
Utilities
- Sewer: Public
- Water: Public
- Separate Meters: Varies
Structural Information
- Construction Status: Existing
- Construction: Wood Frame
- Exterior Const.: Aluminum, Vinyl Siding
- Basement: Yes
- Basement Entrance: Interior
- Basement Desc.: Unfinished
- Roof: Shingle - Asphalt
- Stories/Levels: 2
- Finished Total: 10,295 Sq. Ft.
- Finished Above Grnd: 10,295 Sq. Ft.
- Year Built: 1930
Unit Information
- 1 Bedroom Units: 3
- 2 Bedroom Units: 5
Lot Features
- Lot Size (Acres): 0.5
- Lot Size (Sq. Ft.): 21,780
- Frontage: Yes Road Frontage
- Frontage Feet: 126
- Street/Road Desc.: Public
- Driveway/Sidewalk: Paved
- Zoning: CU
- Lot Description: Level
Financial Considerations
- Price Per Sq. Ft.: $150.56
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Block: Z
- Lot Number: 84
Listed by Horvath & Tremblay LLC, William Peck
Sold by Horvath & Tremblay LLC, William. Peck
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Schools
Schools serving 204-208 N Main St
Rating | Name | Grades | Distance |
---|---|---|---|
17 N Spring St, Concord, NH 03301 | K-5 | 0.6 mi | |
152 South St, Concord, NH 03301 | K-5 | 1.6 mi | |
51 S Curtisville Rd, Concord, NH 03301 | PK-2 | 1.9 mi | |
144 South St, Concord, NH 03301 | 6-8 | 1.6 mi | |
14 Allen St, Penacook, NH 03303 | 6-8 | 5.1 mi | |
89 Whitehall Rd, Hooksett, NH 03106 | 6-8 | 12.5 mi | |
170 Warren St, Concord, NH 03301 | 11-12 | 1 mi | |
55 Falcon Way, Bow, NH 03304 | 9-12 | 4 mi | |
106 Village St, Penacook, NH 03303 | 9-12 | 5.1 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 204-208 N Main St
Date
Details
Price
Change
Source
3/08/2024
Sold
$1,475,000
-4.84%
MLS
12/04/2023
Listed
$1,550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
204-208 N Main Street, Concord, NH 03301 (MLS# 4979289) is a Multi-Family property that was sold at $1,475,000 on March 08, 2024. Want to learn more about 204-208 N Main Street? Do you have questions about finding other Multi-Family real estate for sale in Concord? You can browse all Concord real estate or contact a Coldwell Banker agent to request more information.