39 South Barnstead Rd. Center Barnstead, NH 03225. This is like 2 Luxurious Huge Houses in 1 property for same price range as 1 single family house! $650,000 for this HUGE 2-UNIT MULTIFAMILY 6 HUGE BR & 4 FULL BA. Turn-Key Move-in Ready condition. Great for an owner-occupant or for an investor looking for a CASH COW with only 2 units to manage. $66,000 Annual Gross Rent would be $52,775 Annual Net Profit = 8.12% Cap Rate!!! Fully Renovated inside & outside 4 Years ago in 2022. Luxurious cosmetics and features throughout. Roof, Vinyl Siding, Windows, Heating, Cooling, & Electrical Systems, Appliances, Floors, paint, Kitchens, Bathrooms, etc. White Shaker Cabinets & Quartz Counter-tops in both Kitchens and All 4 Full Bathrooms. Most of the 6 Bedrooms are so Huge they can fit over 2+ KING Size Beds in each Bedroom. 2nd Floor Apt. # B has Central Air. 1st Floor Apt. # A has Mini-Splits. Separate Utilities. The 3rd Floor is an Unfinished Walk-up Attic with Day-light windows and lights. Great Location in the Village of Center Barnstead! 12 minutes to Lake Winnepesaukee Alton Bay. 1 Hour to Nashua & Salem, NH. 20-25 minutes to Concord. 50 mins to the Sea-Coast. Some of the Renovations 4 Years ago: top-to-bottom cosmetics throughout these Huge 3BR/2BA Apts. 1 Acre. Eat-in kitchens. Lots of closets. Washer & Dryer in each unit. Water filtration system.. 4 year New PEX plumbing, flooring, quartz-counters, kitchen appliances, paved driveway. Access to NH's Lakes Region: The Suncook River runs through Center Barnstead with access via campgrounds & boat launches. Lower Suncook Lake, Upper Suncook Lake, Crystal Lake, Halfmoon Lake. ***UPDATE: SELLER NOW HAS A PLACE TO MOVE TO.*** Listing Agent is related to the Seller. The Owner-Occupied 1st Floor Apt. # A is wired for a generator. Very nice portable generator is negotiable.
Operating Expenses : Insurance,Other,Trash
Annual Expenses
Taxes: $8,791
Income
Gross Income | $66,000
NetIncome | $52,775
Appliances : Electric Water Heater | Separate Water Heater
Construction: Wood Frame | Vinyl Siding
Year Built: 1900
Style: Duplex | Modern Architecture | Multi-Family
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 5974
Above Grade Sq.Ft.: 3446
Basement: Bulkhead | Interior Stairs | Sump Pump | Unfinished | Interior Access
Exterior Color: Blue
Roof: Architectural Shingle
Seasonal: No
Heating: Baseboard | Forced Air | Hot Air | Wall Units | Mini Split
Cooling: Central AC | Mini Split
Electric: Circuit Breaker(s) | Generator Ready
Utilities: Cable at Site | Propane
Electric Meters: 5
Gas_Meters: 2
Water: Drilled Well | Private
Sewer: Leach Field | Private | Septic
Land Information
Level | Open | Street Lights
Lot size: 1 acres
Zoned: 400 VI)
Surveyed: Unk
Flood Zone: No
Road Frontage: 690
Driveway: Paved