Hillsborough NH Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- 2,621
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.7 Acres
- Year built:
- 1900
- Baths:
- 3.00
- MLS#:
- 5019742
ADDITIONAL INFORMATION
"INVESTORS TAKE NOTICE" Welcome to 44 W. Main Street In charming Hillsborough! Currently a 3 Unit Multi-Family with potential for more! The property is Commercially zoned and was once a restaurant, converted back to a multifamily. The 3 level 20x30 barn has many options for either business or more rental units with the proper permits. The roof has new shingles, and the metal portion has been restored and freshly sealed. Plenty of on-site parking and frontage on the Contoocook River. Great income potential! Great in town locationâ?¦WALK to downtown in minutes, and for the commuters be driving on Rte. 202 in 4 minutes. 12-15 Minutes to New England University and Patâ??s Peak and 30 Minutes to Concord, and 40 Minutes to Manchester. This property currently boasts a charming efficiency rental apartment, with a long-term tenant, providing immediate income potential, the other two units are currently vacant. This property would be perfect for the entry level buyer looking to occupy one unit while using the other as income with room to grow, or for the seasoned investor looking to expand their portfolio. Bring your hammer and nails to finish this property off to your preference. THIS PROPERTY IS PRICED BELOW MARKET! Showings begin on 10-26-2024, open house on Saturday 10-26-2024 from 10AM - 1pm.
$1,650,000
626 West Main Street Hillsborough, NH 03244
- Type:
- Multi-Family
- Sq.Ft.:
- 7,186
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 8.82 Acres
- Year built:
- 1830
- Baths:
- 17.00
- MLS#:
- 4999822
ADDITIONAL INFORMATION
CASH COW GREAT INVESTMENT $$$!!! 17 Units Total between existing 13 Unit Motel, + Owners 2 Bedroom Qtrs, Office/common space units, 2 Studio Apts above Garage. High demand for weekly/monthly extended stay occupants due to housing shortage, & lack of other area motel/hotels. Franklin Pierce Lake Views if you clear trees. High traffic count & visibility located at the corner of intersection NH Routes 202/9, Route 31, Routes have names of Franklin Pierce Hwy, West Main Street, 2nd NH Turnpike. Property has 2 Curb Cuts at intersection! 2 Parcels Total 8.82 Acres (626 West Main St. & 128 Dam Rd. Land Parcel). Commercial Zoning on these state highways allows for many options for retail, residential and lots of other uses. Check with Town Zoning. Would make a great Residential or Commercial New Construction Development. Property is 30 miles to Keene & to Concord. Route 202 connects Keene to Seacoast by running through Hillsborough & Concord. Over 11,000+ vehicles daily. Details provided are to the best of Seller's knowledge. Buyers responsible for their own due diligence for any research, inspections, measurements, town or other info verification, etc. Seller & their Agent make No guarantees or warranties. Property SOLD-AS-IS. MLS, NECPE, & on-line marketing subject to updated changes. Basic Financial info available upon request. 25%+ Commercial Loan or Cash. PROOF OF CASH or PRE-APPROVAL or Bank Letter to schedule showing (unless buyer is a national corporation.)
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Hillsborough Real Estate
The median home value in Hillsborough, NH is $363,500. This is lower than the county median home value of $427,300. The national median home value is $338,100. The average price of homes sold in Hillsborough, NH is $363,500. Approximately 71.68% of Hillsborough homes are owned, compared to 5.07% rented, while 23.25% are vacant. Hillsborough real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hillsborough real estate agent to arrange a tour today!
Hillsborough, New Hampshire has a population of 5,962. Hillsborough is more family-centric than the surrounding county with 32.18% of the households containing married families with children. The county average for households married with children is 31.2%.
The median household income in Hillsborough, New Hampshire is $86,895. The median household income for the surrounding county is $86,930 compared to the national median of $69,021. The median age of people living in Hillsborough is 44.3 years.
Hillsborough Weather
The average high temperature in July is 78.7 degrees, with an average low temperature in January of 12.3 degrees. The average rainfall is approximately 48.9 inches per year, with 70 inches of snow per year.