Bought with Nora Polanco • EXP Realty
$360,000
$360,000
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7 Island ST Wilton, NH 03086
6 Beds
3 Baths
2,781 SqFt
Key Details
Sold Price $360,000
Property Type Multi-Family
Sub Type Duplex,Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,781 sqft
Price per Sqft $129
MLS Listing ID 4840747
Sold Date 02/17/21
Style Duplex,Multi-Family
Bedrooms 6
Full Baths 3
Construction Status Existing
Year Built 1880
Annual Tax Amount $4,911
Tax Year 2020
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Duplex,Multi-Family
Property Description
10% CAP RATE CASH COW. Annual Gross Rent is $42,000 - $4,911 Taxes - $942 Insurance=Annual Net Profit of $36,147. Beautiful Waterfront Luxurious Modern Cosmetically Renovated Huge 2 Unit, located in great Single Family House Neighborhood walking distance to downtown Village. Each Unit has 3 Bedrooms that pay $1,750 each month nothing included ($3,500 monthly=$42,000 annual). Tenants pay their Separate Utilities. Tenants Mow, Rake, Shovel maintain yard & driveway. Public Water & Sewer avg $110+/- a month. Each unit has their own brand new 1 year old Washer & Dryer, that I own. All other Appliances are 1 year old matching Stainless Steel Whirlpool Fridges, Ovens, Dishwashers. Newer Hardwood, Tile, & Vinyl Hard-surfaced Floors. Apt # A (1st Floor) has 3 BR 1.5 BA 1,527 sq ft, Peninsula Style Kitchen Island, Walk-in Closet in Master Bedroom, Huge Living Room with Cathedral Ceilings, post & beam, ceiling fans. Walks out to huge over-sized deck over-looking the low Souhegan River West that's dam controlled, so no flooding. Apt # B (Townhouse 2nd & 3rd Floor) has 3 BR 1,254 sq ft. Whole house has Dual Thermal Pane Vinyl Windows. White picket fenced yard great for tenants. Shed has Electricity. Listing Agent is Seller. No Owner-Occupied Buyers, since Tenants have Leases, so investors only. Buyer Proof of Cash or 25% Conventional Loan Pre-Approval Letter required to show. See my other personal Multifamily's For Sale at 9 Gibbons Ln Greenfield, NH & 99 Lake Shore Dr Northwood, NH.
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning RD
Body of Water River
Rooms
Basement Entrance Interior
Basement Concrete Floor, Stairs - Interior, Unfinished
Interior
Heating Electric, Oil
Cooling None
Flooring Ceramic Tile, Hardwood, Vinyl
Exterior
Exterior Feature Vinyl Siding, Wood Siding
Garage Description Driveway, Parking Spaces 6+, Paved
Utilities Available Cable, High Speed Intrnt -AtSite, Internet - Cable
Waterfront Description Yes
View Y/N Yes
View Yes
Roof Type Shingle - Asphalt
Building
Lot Description Landscaped, River Frontage, Sidewalks, Street Lights, Water View, Waterfront
Story 2.5
Foundation Brick, Concrete, Granite, Stone
Sewer Public
Water Public
Construction Status Existing
Schools
School District Wilton School District
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