Belmont, NH 03220- An incredible investment opportunity for you is available right now. A 4-unit building that was built by this owner in 1988 is in good condition, a great location and filled with caring tenants. Situated on a large open lot this property is easy to maintain, offers plenty of parking and outdoor storage space and is easy to keep full with good people. The present income is $49,200.00 and this owner, who self manages, has expenses of $16,000.00 making this a really great opportunity. Each unit has 2 bedrooms on the first level and a full, walkout basement with space for a family room on one side and utility room w/washer and dryer on the other. 3+/- years ago each apartment got a new oil fired boiler for heat and 8+/- years ago the entire building got new shingles. The rents, $1,025.00 to include heat are below market rate for today however this owner really likes his tenants. One of the tenants has lived here for 28 years, one for 14 years, one for 9 years and one for just over 3 years. That is a good sign. This property is listed however the tenants are working to make their home presentable for you. We will start to show this property on Saturday May 12, 2018.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
