Excellent Upper Valley investment opportunity! This well-maintained six-unit multifamily property features a desirable mix of 3 one-bedroom apartments and 3 two-bedroom apartments, ideally situated in the heart of Wilder. The property sits directly across from the bus stop and offers convenient access to major employers and amenities -- just 9 minutes (4.2 miles) from Dartmouth College and 17 minutes (7.1 miles) from Dartmouth Hitchcock Medical Center. Residents enjoy walking access to two nearby parks and a coin-operated laundry on-site. The property includes a rare in-town developable lot, currently partially used for parking, which presents a unique opportunity for future expansion or redevelopment -- potentially for additional apartments. The property has seen substantial upgrades, including modernized systems and updates to several units, ensuring continued strong rental performance in a highly sought-after rental market. This is a turnkey, income-producing asset with solid existing cash flow and excellent long-term development potential in a prime Upper Valley location. Listing agent has an ownership interest in the property.
Operating Expenses : Heat,Insurance,Maintenance,Sewer,Snow Removal,Trash,Utilities,Water,Water/Sewer
Annual Expenses
Taxes: $11,184
Income
Gross Income | $114,004
NetIncome | $86,307
Appliances : Water Heater off Boiler
Construction: Wood Frame | Aluminum Siding
Year Built: 1918
Style: Apartment Building
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 7236
Above Grade Sq.Ft.: 2924
Below Grade Sq.Ft.: 294
Basement: Apartment(s) | Partially Finished | Interior Stairs | Walkout | Basement Stairs
Exterior Color: white
Roof: Asphalt Shingle
Seasonal: No
Heating: Baseboard
Cooling: None | Individual
Electric: Circuit Breaker(s)
Trash: Tenant
Utilities: Cable | Propane | Satellite | Phone
Electric Meters: 7
Water: Public
Sewer: Public
Land Information
Sidewalks | In Town | Neighborhood | Near Public Transportatn | Near School(s)
Lot size: 0.5 acres
Zoned: VR-C)
Surveyed: Unk
Flood Zone: No
Road Frontage: 240
Driveway: Gravel