111 Main Street, Kingston, NH, 03848 | $2,199,900

A rare and very unique investment & business opportunity. This multi-family rental property 'complex" is comprised of 5 buildings that generate a consistent ROI and with some additional creativity and change, can have even greater earning potential! A mix of 11 1-Bedroom Units, a Single Family 2 BR building with full basement, an additional building that the first floor can be utilized as an Office or Property Management building, with a heated full 2-Car Under Garage, large workshop and small Office area below. Finish it off with an additional building with a full Carport or Boat Storage, a side storage area, and all the parking that its tenants need and more! Don't miss out on this once in a life-time opportunity, in a small quaint town, with local, natural attractions, close to shopping, easy commuting and great additional growth potential! Request an opportunity to see this Unique property today! Assisted Showings Only! Please use Showing Time for all appointment inquiries. Showings start on Friday, March 29. Note: Please Reference Separate 40+ Acre Land Lot (MLS #4989544) that exists behind this property. Owner is open to Package Offers

Features

  • Baths: 13 full
  • Units: 12
  • Style: Apartment Building
  • Year Built: 1950
  • Garage: 2-car Garage
  • Heating: Electric,Forced Air
  • Cooling: Wall AC Units
  • Basement: Concrete,Concrete Floor
  • Approx Sq. Feet: 10,375
  • Acreage: 3.7
  • Est. Taxes: $18,863
  • Lot Desc: Country Setting,Level,Rental Complex,Sloping,Street Lights,Trail/Near Trail,Walking Trails,Wooded
  • Elem. School: Daniel J. Bakie School
  • Middle School: Sanborn Regional Middle School
  • High School: Sanborn Regional High School
  • School District: Sanborn Regional
  • MLS#: 4989545
  • Website: https://www.raveis.com
    /prop/4989545/111mainstreet_kingston_nh?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/23/2024
Listing courtesy of The Merrill Bartlett Group   Phone: 603-642-5171
Listing Agent: Jon Beebe

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111 Main Street, Kingston, NH, 03848

$2,199,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,759,920 $1,759,920 $1,759,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.430% 6.851% 6.664%
Monthly Tax Payment $1,572 $1,572 $1,572
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,693 $11,415 $15,331
Total Monthly Payment $12,390 $13,112 $17,028

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.