the clerkin agency
802-295-1355

Multi Family For Sale $849,999 14 Highland Avenue Hanover NH 03755


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Price Change! reduced by $99,901 down 12% on October 16th 2017
$849,999 | $328 per sq.ft.
A 3  Unit Multi Family Home, in Hanover NH With 1 - Two Bedroom Units | 2 - Three Bedroom Units MLS# 4653933



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Listed by Lisa Berry Lisa Berry Properties on August 16th 2017


DESCRIPTION


Hanover Investment Property, in the Hanover/Dresden School District. Walking distance to Dartmouth College and downtown Hanover. 3 unit multi-family home with detached garage, could potentially be converted into condos or a single family home with an in-law suite. Front door opens to a foyer with private entrances to Units 1 & 2. Built in 2005 with 100% rental history. .47 acre lot with private back yard. Paved driveway has room for minimum 6 cars. Unit 1 has been continuously rented since 2008, Unit 2 since 2010. Both Units have 3 bedrooms each and 1.5 baths. They have an open concept with bright sunny rooms. Sliding doors in the dining room open to a deck in the private backyard. Due to long term tenancy, the rent for these units is below market value at $2227.84 each. Current lease expires 7/31/18 and has a 3% increase clause upon renewal. Unit 2 has new flooring in the dining room as well as a new electric stove. Each unit has a washer and dryer. Unit 3 has 2 bedrooms, 1 large full bathroom with new flooring and a bonus room. The living/dining/kitchen combo with 9 foot ceilings make this unit feel extra spacious. Utility room includes washer & dryer and lots of storage. Kitchen has a lot of cabinets along with a built in workstation and built in over the stove microwave. Also includes itís own large patio with space for outdoor furniture and grill. This unit is currently owner occupied and has the potential for additional rental income.

Sale Includes : Building

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Phone: 802-295-1355
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UNIT 1 INFORMATION

Beds: 3
Baths: 2
Rooms: 6
Tenant Pays : Electric,Internet Service,TV Serivce
Rent : 2227.89 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 2 INFORMATION

Beds: 3
Baths: 2
Rooms: 5
Tenant Pays : Electric,Internet Service,TV Serivce
Rent : 2227.89 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 3 INFORMATION

Beds: 2
Baths: 1
Rooms: 5

CONSTRUCTION

Wood Frame | Year Built: 2005
No. of Floors:3
Total Sq.Ft. Finished: 3732
Above Grade Sq.Ft.: 2592
Below Grade Sq.Ft.: 1140
Price Per SQ.FT. 327.93
Basement: Finished | Full
Foundation: Poured Concrete
Heating: Baseboard
Cooling: None
HeatFuel: Gas - LP/Bottle
WaterHeater: Gas - LP/Bottle
Electric: 150 Amp | Circuit Breaker(s)
Trash: Private
Electric Meters: 3
Gas_Meters: 1
Style: Multi-Family
Exterior Features: Deck | Patio | Shed
Exterior: Vinyl Siding
Roof: Shingle - Asphalt
Water: Public
Sewer: Metered
Garage Type Detached
Garage And Parking: Garage | Off Street
Seasonal: No

LAND LOT INFORMAITION

Lot Description: City Lot
Lot size: 0.43 acres
Zoned: Residential
Surveyed: Unk
Flood Zone: No
Roads: Paved
Road Frontage: 1
Driveway: Paved

PROPERTY INFORMATION

Taxes $11,090

AREA INFORMATION

School District: Hanover Sch District SAU #70
Elementary School: Bernice A. Ray School
Middle School: Frances C. Richmond Middle Sch
High School: Hanover High School

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802-295-1355
The Clerkin Agency, P.C.
565 Maple Street, White River Junction, Vermont. 05001
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Copyright © 2017 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. 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 October 24th, 2017

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