Bought with Gabriel Bilc • Affordable Real Estate LLC
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17-19 MAIN ST Ashland, NH 03217
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Key Details
Sold Price $279,900
Property Type Commercial
Sub Type Investment,Multi-Family,Opportunity,Other,Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4684823
Sold Date 07/27/18
Year Built 1862
Annual Tax Amount $3,814
Tax Year 2017
Property Sub-Type Investment,Multi-Family,Opportunity,Other,Retail
Property Description
With 35k deownpayment, owner will facilitate a commercial private mortgage and close in 7 days. Income from 5 apartments is 4,350 per month which means 52,200 gross income per year, without the restauant. After paying expenses , in appx one year will make the 35k initial deposit back, win-win situation . Two beautiful historic brick buildings, solid investment, Apartment/Condo, Restaurant and Retail business located at the foot of the White Mtns. and between 2 of NH's biggest lakes, all roads lead to this spot. This property has it all . There is something about the sturdy look of Brick & Granite that adds a measure of sophistication to the ambiance. Good opportunity to run a Restaurant / Pub style operation or go with an artsy Breakfast & Lunch Café & Retail store combo. There are 2 buildings (1.) Is the Rest/pub and (2.)Building attached with a total of 5 apartments. All units are in nice shape. Restaurant has new windows throughout and property has been well insulated. The strong cash flow from the 5 apartment rentals takes the pressure off of the monthly payment and expenses from the restaurant or the whole property. Endless opportunities and possibilities .......Maybe an Air B&B! The location is a 10 ! Broker interest.
Location
State NH
County Nh-grafton
Area Nh-Grafton
Zoning COMMERCIAL
Rooms
Basement Entrance Interior
Basement Concrete Floor, Partially Finished, Walkout
Exterior
Exterior Feature Brick
Building
Sewer Public
Water Public
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