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Brie Stephens

[email protected] +1(603) 819-8071

Listed by Steve Cotran • RE/MAX Area Real Estate Network LTD

$ 2,395,000

Est. payment -/mo

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3 S Shore RD Salem, NH 03079

12 Beds

9 Baths

7,674 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,674 sqft

Price per Sqft $312

MLS Listing ID 5038205

Bedrooms 12

Full Baths 9

Construction Status Existing

Year Built 1880

Annual Tax Amount $13,283

Tax Year 2024

Lot Size 1.800 Acres

Acres 1.8

Property Description

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.

Location

State NH

County Nh-rockingham

Area Nh-Rockingham

Zoning APT 8+Up MDL-01

Body of Water Lake

Rooms

Basement Entrance Walkout

Basement Dirt

Interior

Cooling None

Flooring Carpet, Hardwood, Laminate, Vinyl Plank

Exterior

Garage Description Driveway, Off Street, On-Site, Parking Spaces 11 - 20, Paved

Utilities Available Cable - Available

Waterfront Description Yes

View Y/N Yes

Water Access Desc No

View Yes

Roof Type Flat

Building

Story 3

Foundation Concrete, Granite

Sewer Public

Architectural Style Apartment Building