Price Reduced 8.33%

$549,900 ($199.17 per sqft)

Est. Mortgage $2,709/mo *

Quick Pre-Approval

Listing courtesy of Champion Realty Group, Keller Williams Gateway Realty Phone: 603-883-8400


Price History

$599,900
10/16/2024

$549,900
11/11/2024


50 North Spring Street, Concord, NH, 03301

50 North Spring Street, Concord, NH, 03301

5 beds

4 Full baths

1880

New Englander

2,761 sqft

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!


Status:

Active

Type:

Multi-family

Units:

4

Zoning:

RD

Frontage:

50

Garage:

1-car Garage

Heating:

Hot Water

Cooling:

None

Basement:

Exterior Access

Parking:

Off Street, Parking Spaces 3

Acreage:

0.14

Est. Taxes:

$9,842

Lot Description:

City Lot

MLS #:

5018781


Community Info

School Info

Walk Score

Mass Transit

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