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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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25-39 Front St , Pembroke, NH 03275
$1,595,000
Est. Payment: $3,544.44/mo
20 Bed
3 Bath
7680 Sqft
Status: Pending | Days on site: 35
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House Description

Rare opportunity to acquire an eight-unit multifamily portfolio in the heart of Pembroke’s Suncook Village. Offered together, 25-31 Front Street and 33-39 Front Street are two abutting four-unit properties situated on ±0.4 acres total, located opposite the Emerson Mills Condominiums and very close to the scenic Suncook River. Both buildings have undergone substantial improvements under current ownership, with all eight units having been renovated and several heating and hot water systems having been replaced. The portfolio is comprised of four 2BR/1BA garden-style apartments and four large 3BR+/1BA townhouse-style apartments, with a mix of occupied and vacant units offering immediate income as well as owner-user or value-add flexibility. Utilities are separated, with each unit responsible for its own electric, natural gas heat, and hot water. The properties offer ample off-street parking, and 33-39 Front Street also includes a two-stall garage currently rented for additional income. Suncook’s growing market is being discovered as a convenient midpoint between Manchester and Concord, located only 5 minutes off I-93 and less than 20 minutes from both cities. This is a strong opportunity to acquire a renovated multifamily portfolio in an increasingly desirable rental market. Owner is a licensed New Hampshire real estate salesperson.

Highlights

Listed by Matthew Lefebvre , 603-554-2309 Downtown Realty , 603-554-2309.

Property Type

Multi-Family

Lot/Acreage
0.4

Year Built

1850

County

Merrimack

Listing ID

5097324

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:20
  • Bathrooms:3
  • Full Bathrooms:
  • 1/4 Bathrooms:3
Above Ground Sq Ft:7680
Basement:Yes,Unfinished

Exterior Features

Lot:Existing
Zoning:B-1A
Roof:Asphalt Shingle
Sewer:Public
Principal Interest
$3,544
Taxes
$1,695

Home Price

$1,595,000

Loan Details

30 yrs
%

Down Payment

20%
$319,000
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Monthly Price:
$3,544.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,544.44 $1,695.00 $0.00 $5,239.44
Yearly $42,533.33 $20,340.00 $0.00 $62,873.33
Total $1,276,000.00 $610,200.00 $0.00 $1,886,200.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Pembroke, NH).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.