157 Main Street
Marlborough, NH 03455
Listing #: 4252499
This is the multifamily/commercial investment you've been waiting for. Building is fully occupied, in wonderful - well maintained and improved condition, and is optimally located on a Main Street corner on busy Rt 101. In addition to the storefront and two residential units, there is rental income from 6 parking spaces leased to the abutter, currently generating $1100/yr with a 50yr lease in place. Come see this money maker, you won't be disappointed. Calculating all actual expenses plus 3% each for reserve and repairs, and adding a 5% management fee, this property still yields roughly a $18600 net profit. Don't wait.
TAXES & FEES
Taxes: $4,597 (2012)
Basement (Crawl Space, Partial)
City Lot, Commercial Zoning, Level, Village
Approximate Gross Living Area: 2351 Sq. ft.
Construction: Wood Frame
Year Built: 1860
Total Number of Bathrooms: 3
Approximate Acres: 0.2300
Parking Capacity: 6
Parking Description: 6+ Parking Spaces
Garage Capacity: 0
Electrical: 100 Amp,Circuit Breaker
Heating: Baseboard,Hot Water
Water Source: Public
Copyright 2013 Northern New England Real Estate Network, Inc. All rights reserved.
This information is deemed reliable but not guaranteed.
The data relating to real estate for sale on this web site comes in part from the IDX Program of NNEREN.
Listing Agency: BHG Masiello Keene , Listing Agent: Chris Thompson Data last updated: Dec 7 2013 12:13 AM.