Great investment opportunity available now at Heritage View. 10 unit apartment building on 12 acres now for sale on Route 25 in Rumney. Many upgrades have been completed since 2004 including a metal roof, all interior/exterior windows replaced, outdoor wood boiler installed, and most vinyl replaced with tile in the kitchen and bathrooms. The furnace has been regularly serviced, and the septic tank pumped regularly. There is no problem keeping the units rented. When one becomes available, there are multiple inquiries even before advertising. Rents right now are under current market rates and could be raised to increase the profit margin. Most of the acreage is in current use, but if taken out could be used for possible expansion or other uses. Financials available upon request.
Full Property Details
Full Property Details for 597 Route 25
Taxes: $6,516 (2020)
MLS ID: 4862705
Added: 114 day(s) ago
Lease Terms: Unit1=Month to Month, Unit2=Month to Month, Unit3=Month to Month, Unit4=Month to Month, Unit5=Month to Month, Unit6=Month to Month, Unit7=Month to Month, Unit8=Month to Month,
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Listed by Century 21 Mountainside Realty Sold by Century 21 Mountainside Realty
597 Route 25, Rumney, NH 03266 (MLS# 4862705) is a
Multi-Family property with 10 units containing 0 bedrooms and 0 full bathrooms.
597 Route 25 is currently listed for $385,000 and was received on May 25, 2021.
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