Trevor Garvey
This listing was posted on RealtyWW.
$1,000,000
Rumford St, Concord, Home For Sale
Price:
$1,000,000
Location:
140 Rumford St, Concord, NH
Description:
Welcome to this remodeled three-family gem with an in-law suite in Concord, NH. This updated property offers exceptional living spaces, significant rental income, and a prime location. Please note, this is a cash-only deal. The property features a spacious three-bedroom, two-bath unit rented for $2, 750 per month, with a lower-level two-bedroom in-law suite subleased for $2, 250 per month, totaling $5, 000 in monthly rental income. The remodeled front first-floor three-bedroom, one-bath unit generates $2, 500 per month. Additionally, the executive four-bedroom, two-bath unit is occupied by a long-term tenant who subleases three rooms to friends, bringing in $4, 500 per month with utilities and WiFi included. All units are furnished, ensuring immediate comfort for tenants. Total monthly income from this property is $12, 000, with an annual gross income of $144, 000. Approved for condo conversion by the city, it offers a lucrative development opportunity. Its also ideal for an owner-occupier with in-laws, providing $7, 000 in rental income to assist with mortgage payments. The property includes a variance for a nine-car parking lot and a large, fenced-in yard. Renovated from top to bottom, it features new plumbing, electrical wiring, LED lighting, on-demand hot water units, and new furnaces in three units. The bathrooms are tastefully tiled for a modern living experience. This property is a must-see for investors and prospective homeowners alike. With steady rental, rare opportunity!For more details: https://realtyww.info/homes_concord-d527160/for-sale_i73716347
Property Type:
Single-Family Houses
Posted:
July 6 on RealtyWW
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More About this Listing: Rumford St, Concord, Home For Sale
Rumford St, Concord, Home For Sale is a Single-Family Homes for Sale at 140 Rumford St in Concord NH. Find other listings like Rumford St, Concord, Home For Sale and listings near 140 Rumford St by searching Oodle Classifieds for Single-Family Homes for Sale in Concord NH.
Rumford St, Concord, Home For Sale is a Single-Family Homes for Sale at 140 Rumford St in Concord NH. Find other listings like Rumford St, Concord, Home For Sale and listings near 140 Rumford St by searching Oodle Classifieds for Single-Family Homes for Sale in Concord NH.