98-100 River St contains a total of 7-units comprised of one (1) commercial unit and six (6) apartments. The apartments consist of (4) 2-bedroom units and (2) 3-bedroom units. The commercial space is leased to Upscale Cutz Barbershop, who just started the 4th year of their 5-year lease. The building features separately metered heat, hot water, and electric paid by the tenants for all units. The property is located on the Merrimack River on the Western edge of Downtown and just 0.2-miles from the train station. The property has a current cap rate of 7.41%. Please note property is in a flood zone. Initial offers due by 5:00PM Friday 2/7. Best & Final offers due by 5:00PM Tuesday 2/11.
6,804 Sq Ft
4,826 Sq Ft Exterior Space
Investment
$8,452 Annual Tax
Built in 1912
MLS/Listing ID 73330695
11 Stories
7 Units
Waterfront
Construction - Stone
River
Scenic View
Rubber
Lot - Flood Plain
Listing Courtesy of HORVATH & TREMBLAY, SPENCER NORTON - 781-776-4524
Source of Data: MLS PROPERTY INFORMATION NETWORK