5 Bedroom 3 bath 2,492 sqft
Multi Family - For Sale
All apartments currently let with leases running until 2020
The Money: Cash flow of $10428 per year! money is real - opportunity for live-in no mortgage -payer - entrepreneurs:
Overall Annual Income: $23,700 per year
Annual Costs (taxes, insurance, heat-etc) $7200
Annual Net income $16,500.
Mortgage Costs (assuming 20% down 4.5% apr on a 30 year term)
$506 per month or $6072 per year.
Ground floor -- two bedrooms, spacious living room, updated kitchen and bathroom with bathtub.
Upper floor has one two bedroom apartment with large living room and a one bedroom apartment - both have showers.
Location: The property is Located in Historical Downtown Hinsdale NH within easy reach of Keene, and towns in southwest NH, southeastern Vermont and northwestern Mass.
The property was built in 1849. It has been a church, a meeting house, a retreat and a school. Some of the some historical architectural details such as the tower and staircase.
The heating system was installed in 2009 with a propane powered hot water baseboard heat.
The building has apartments that are Section / Subsidized housing approved.
The current tenants have been living there 2, 1 and 5 years respectively.
Safety: Each apartment has a second means of egress, hardwired smoke and carbon monoxide detectors, and fire extinguishers are installed.
Some parking is available in front of building and municipal lot close-by, and the building is convenient located in walking distance to town amenities.
Propane powered boiler provides hot water baseboard heat. System installed 2009 supplies all three units. Each having their own thermostat. Each unit has its' own Electric Hot Water Heater, stove and refrigerator.
Water and Sewer: Town of Hinsdale
Garbage removal -- Town of Hinsdale trash bag and recycle bin system