This well-cared for four-unit apartment building is an excellent investment opportunity. The property features one 3-bedroom unit and three 2-bedroom units. Located conveniently near Newmarket's downtown area, residents have easy access to local amenities and services. The building generates an impressive annual gross rent of $96,360 plus additional revenue can be earned from the on-site laundry. Ample parking is available for tenants, enhancing the overall appeal and convenience of the property. With increasing rental demand on the seacoast and rising construction costs, properties like this are expected to continue appreciating in value. This makes apartment buildings a sound investment for those looking to benefit from a growing rental market. Please note: showings for the property will be held as group showings on weekends. Interested parties are kindly requested not to disturb the current tenants.
0.53 Private Acres Lot Size
investment
Built in 1910
MLS/Listing ID 5076690
4 Units
Style - Colonial
Construction - Wood Frame
Construction - Vinyl Siding
Stone
Heating - Zoned
Heating - Oil
Heating - Hot Water
Heating - Baseboard
Granite