50 North Spring ST Under Contract

Concord,NH 03301

$ 549900

5 Beds

5 Baths

2761 SqFt


Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,761 sqft

Price per Sqft $199

MLS Listing ID 5018781

Bedrooms 5

Full Baths 5

Year Built 1880

Annual Tax Amount $9,842

Tax Year 2023

Lot Size 6,098 Sqft

Property Description

Huge Price Reduction! Prime investment opportunity in the heart of downtown Concord! This charming and well-maintained 4-unit New Englander offers excellent income potential. The property consists of one large 3-floor unit featuring 2 spacious bedrooms, 1.5 baths, a formal living room, dining room, bonus room, and plenty of storage space, perfect for an owner-occupant or perfect for a high-end tenant. Additionally, there are two comfortable 1-bedroom units and a cozy studio, ideal for consistent rental income. Tenants enjoy a shared outdoor patio area, along with a private rear yard and garden space for relaxation or gardening enthusiasts. The utility room provides laundry access for all tenants, and the garage is currently used for owner storage but offers potential for other uses. Roof (12 years old), a modern heating system (12 years old), a 4-year-old water heater, and a fully updated electrical system. The property is served by public water and sewer and natural gas. With the option to separate utilities for increased rental value, a fresh coat of paint, and minor repairs, this property is poised to offer a worry-free investment or a fantastic owner-occupied opportunity. Walking distance to all of downtown Concord’s amenities, restaurants, and shops, this is the ideal location for urban living with small-town charm. Don’t miss out on this rare find!

Location

State NH

County Nh-merrimack

Area Nh-Merrimack

Zoning RD

Rooms

Basement Entrance Walkout

Interior

Cooling None

Flooring Carpet,Laminate,Wood

Exterior

Garage Spaces 1.0

Garage Description Off Street,Parking Spaces 3

Utilities Available Cable - Available,Gas - Underground

Roof Type Metal,Shingle - Asphalt

Building

Story 2

Foundation Concrete

Sewer Public

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