Real Estate for Sale

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Merrimack, NH

$215,000

MLS #: 2634960

Property Summary:

Investment opportunity. This condo unit has existing income w/ solid tenant. Property is a 2,219 SF condo unit located just off Route 3. Income is $22,190 per year w/ low expenses. 3 years remaining on lease. Two other condo units available if additional investment is desired. Huge parking area & nice facility. Signage on street.

Property Summary
Property Type Commercial City Merrimack, NH
Parking 21+ Spaces Use Office Condo
Lot Size 1.48 Year Built 1998
Available SQFT 2219 Construction Wood Frame
Property Detailed Information
List Agent Reiff, Scott of Prudential Verani Realty-CSD
Taxes $0
Basement None
Exterior Vinyl Siding
Floors Other
Fuel Propane
Heating / Cooling Hot Air, Forced
Sale Includes Other
Transportation NA
Utilities Public Sewer, Other, Public Water
Lot Description NA
Neighborhood Map
Community Summary
Population
27,012
Population Growth (since 1990)
22.0%
Population Density (people per sq. mile)
806
Median Age
38.0
Median Household Income
$87,557
Household Size (people)
3.0
Households with Children
37.5%
Median Travel Time to Work (minutes)
21.0
Real Estate Market Information
Median Home Sale Price
$205,000
Annual Turnover Rate
10.0%
In current residence 5+ years
47.0%
Median years in residence
5.0
Homes Owned
84.1%
Homes Rented
10.3%
Homes Vacant
5.5%
Climate
Minimum Temperature in January (deg F)
12.1
Maximum Temperature in January (deg F)
33.4
Minimum Temperature in July (deg F)
59.1
Maximum Temperature in July (deg F)
82.5
Annual Precipitation (inches)
45.4
Community Information
Closest Major Airport
MANCHESTER
Distance to Closest Major Airport (miles)
7
Closest 2-year Public College
NH COMM TECH COLLEGE NASHUA
Distance to Closest 2-year Public College (miles)
4
Closest 4-year Public College
THOMAS MORE COLL OF LIB ARTS
Distance to Closest 4-year Public College (miles)
4
Community Characteristics
Significant Percentage of Family Households, Stable Population, Low Residential Turnover
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