30 Elm St, Whitefield, NH

Name: 30 Elm St, For Sale in Whitefield - Zoocasa
Brand: Rune Stone Realty
SKU: 5109363
Price: 892500 USD

House

For Sale

Listed price in listed location currency (USD).

$892,500

000

MLS® 5109363

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size 7498 sqft

Garage

Taxes $7,949

Days Active 10

Lot Size 0.21 Acres

Approx. Age 1860

Avg. Price Per Sqft $119

MLS® Number 5109363

Property Address: 30 Elm St, Whitefield, NH, 03598-3036

Average square foot calculated using Size range provided by listing agent.

Description

An excellent opportunity to acquire a 10-unit multifamily portfolio in Whitefield, New Hampshire, consisting of an 8-unit multifamily property and an adjacent duplex. Significant capital improvements and renovations have already been completed, while meaningful value-add potential remains for the next owner. Property Highlights 10 total units across two adjacent lots: 8-unit multifamily property & Adjacent 2-unit duplex 7 of the 8 units have been renovated 1 unit is ready for renovation, providing an opportunity to implement the new owner's vision 9 out of 10 units are currently occupied Current in-place rents: $10, 325/month Pro-forma rents: $13, 100/month Approximately $2, 775/month of additional rental upside Basement of the 8-unit has been completely rebuilt, including: New main carrying beam, structural supports and floor joists New water heaters New oil tank in 8 Unit Recent exterior improvements include a new roof and vinyl siding Substantial renovation work has already been completed, reducing the amount of heavy lifting required to capture additional upside Value-Add Opportunity The property offers an attractive combination of existing cash flow, completed improvements, and remaining upside. With seven of the eight units renovated in the 8 unit and significant structural and exterior improvements already completed, an investor can focus on lease-up, renovation of the remaining unit, and continued rent optimization. The property is being offered below the in-hand appraisal value for the completed project, creating the potential for immediate value and additional upside through execution of the remaining improvements.

MLS® Number5109363

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1860

BasementNo Tenant Access

DrivewayOff Street, On Site, Parking Spaces 1 - 10

Garage Spaces

HeatPropane, Oil, Electric

A/CNone

Extras

Map

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