• 129 ROUTE 27, Raymond, NH 03077

For Sale

Multi-Family

For Sale

This property is available for sale
0.58
Acres
$400,000
Sale Price
  • Year Built
    1960
  • Total Building Size
    5,976 RSF
  • Overview

    Rte 27 is Raymond's main road and property has a very good central location with visibility Incredible opportunity to purchase a 5-unit apartment building. A 2,988 SF 2 story building on 0.58 Ac on Rte. 27 Raymond serviced by septic and town water. Large paved parking lot, newer roof in 2019, good size back yard area, storage for tenants use in the other areas of the building garage and basement. Currently 2 occupied units on 2nd floor 1-Br. Rents are $750 and $725. Owner has recent change of use approvals to upgrade the ground floor into 3-units, 1-Bd each for a total of 5-units. Building was formerly a daycare and the owner will provide the following: • Current Site Plan • Stamped Architectural Dwg. for 3 new units • Septic Plan for Replacement system - current system is operating fine; this is a required shelf plan in the event the current system needs to be replaced • Town of Raymond Performance Agreement for the approvals for a 5-unit apt. building

Contact or Call

Property Details

5-Unit Multi-Family, a Value Add Investment

Rte 27 is Raymond's main road and property has a very good central location with visibility Incredible opportunity to purchase a 5-unit apartment building. A 2,988 SF 2 story building on 0.58 Ac on Rte. 27 Raymond serviced by septic and town water. Large paved parking lot, newer roof in 2019, good size back yard area, storage for tenants use in the other areas of the building garage and basement. Currently 2 occupied units on 2nd floor 1-Br. Rents are $750 and $725. Owner has recent change of use approvals to upgrade the ground floor into 3-units, 1-Bd each for a total of 5-units. Building was formerly a daycare and the owner will provide the following: • Current Site Plan • Stamped Architectural Dwg. for 3 new units • Septic Plan for Replacement system - current system is operating fine; this is a required shelf plan in the event the current system needs to be replaced • Town of Raymond Performance Agreement for the approvals for a 5-unit apt. building

  • Property Type
    Multi-Family
  • Year Built
    1960
  • Sale Price
    $400,000
  • Total Building Size
    5,976RSF
  • Total Acres
    0.58
  • Building Class
    B
  • Sale Status
    Available
  • Property ID
    2018829