12 East Side Dr, Concord

$179,900

0 Beds
0 Baths
1,944 Sqft
5 Acres
0 Garages

Great investment opportunity. TWO separate condos, rehabbed as displayed in photos. When completed the projected rents are to be $1,000 per unit per month or $24,000 annually. The renovations of each of the units will include all new stainless steel appliances. New kitchen, Bath room with all fixtures, new windows throughout, flooring will be laminate. All units are located at Regency Hills Estates Condominiums in Concord NH. All renovations will be completed prior to closing as the photos depict and as seen in our Model unit 3-5. The model is vacant and EZ to show. Our model unit, 3-5 is on the first floor has a deeded carport and is available as well and can be bundled into the purchase for an additional $89,900 The units being sold are: 3-6 and has deeded carport and is on the 1st level and the a unit in building 2 unit 22 top floor, deck but no carport. These two units can also be purchased "as-is" as well for $80,000 each (not renovated). Rents being being paid by current tenants are $850 and $890 or $1,740 per month or $20,880 annually. They are currently both occupied and will only be shown as a contingency in a sales agreement. All units condo fees are $279 mo and taxes of $1,264 per year for each unit. (see non-public remarks for showing instructions) SHOW MODEL UNIT 3-5 ONLY

Rod Clermont, RE/MAX Innovative Properties.

Essential Information
MLS® #4799513
Price$179,900
Bathrooms0.00
Square Footage1,944
Acres5.00
Year Built1985
TypeMulti-Family
Sub-TypeMulti-Family
StyleGarden
StatusActive
Community Information
Address12 East Side Dr
AreaConcord
CityConcord
CountyMerrimack
StateNew Hampshire
Zip Code03301
Amenities
UtilitiesCable
ParkingOn-Site
Interior
HeatingBaseboard
CoolingWall Units
# of Stories1
Stories1
Exterior
ExteriorBrick
Lot DescriptionLevel
RoofShingle - Asphalt
ConstructionWood Frame
FoundationConcrete
School Information
DistrictConcord School District SAU #8
ElementaryBroken Ground School
MiddleRundlett Middle School
HighConcord High School
Additional Information
Date ListedMarch 26th, 2020
Days on Market67
ZoningRH
Listing Details
AgentRod Clermont
OfficeRE/MAX Innovative Properties
Property History
Price Increased from $169,800 to $179,900
Price Reduced from $254,900 to $169,800
Price Reduced from $425,000 to $254,900
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Listing information last updated on June 2nd, 2020 at 5:36pm EDT.