Century 21 McLennan & Company
Century 21 McLennan & Company
Bob Barcelos, Century 21 McLennan & CompanyPhone: (978) 852-8411
Email: [email protected]
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listing
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Listed by: Steve Cotran from Re/max Area Real Estate Network LTD, 603-626-5000
Multi-FamilyFor Sale
$2,395,000
3 S Shore Road
Salem, NH 03079
MLS: Prime MLS
7,674Sq Ft
Est. Mortgage
$12,463/mo

Excellent location just a few minutes from I93 exit 2 on a large 1.8 acre lot in a low density single family neighborhood. This 9 unit building on city sewer has a large welcoming back yard, extra land and ample paved parking a short walk from Canobie Lake which you can see from the 3rd floor. The building will be occupied and stabilized. 6 apartments have been completely renovated with new kitchens granite tops and sleek stainless steel appliances, new baths, new or refinished hardwood flooring, LED lighting, new decks, sliding doors and windows. Each apartment has separate heat and electric and produces an 8% capitalization rate. There is a large large U=shape driveway and ample parking area. Unit 9 is a 2 bedroom freshly renovated town-home style unit with sliders to a rear deck, new kitchen, bath, appliances, refinished wood flooring. Principals of selling entity are licensed real state agents.

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Information courtesy of Re/max Area Real Estate Network LTD is subject to verification and is not guaranteed.
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