50 North Spring ST Active Save Request In-Person Tour Request Virtual Tour
Concord,NH 03301
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,761 sqft
Price per Sqft $199
MLS Listing ID 5018781
Bedrooms 5
Full Baths 5
Construction Status Existing
Year Built 1880
Annual Tax Amount $9,842
Tax Year 2023
Lot Size 6,098 Sqft
Acres 0.14
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
Basement Exterior Access
Interior
Heating Gas - Natural
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
Construction Status Existing