Exclusive Listings
281 South Rd, Kensington, NH
2 dwellings: a 4 bedroom, 3 bathroom residential home and a detached, 3-level 7,000+ sqft commercial garage
Asking: $1,050,000
A rare opportunity to own a well-maintained multi-purpose income-producing property with a 2,800 sqft 4-bedroom residential home and a detached 7,900 sqft 3-level commercial building/garage all on 1.66 acres and zoned both residential & commercial. The 1st level of the home features the sun-filled living room with cathedral ceilings, kitchen, dining room, 1 bedroom, 1 full bathroom and mudroom. The 2nd level is home to 2 more full bathrooms & 3 more bedrooms, including the primary suite with vaulted ceilings, skylights, jacuzzi tub and laundry room. Additionally, there is a 1,568 sqft partially finished basement with media room and full bar, along with a 1,232 sqft attic. The home also boasts a large back deck overlooking the flat yard and 26'x48" above ground pool. New hardwood floors have been installed in the living room, loft and primary bedroom... The detached 7,900 sqft commercial building was built to commercial standards in 2005 features 3 levels, a large warehouse, finished office with A/C, service bay, restroom, heat, 200 amps, 220V outlets, 8-10 foot ceilings, thermopane glass/vinyl windows, 2 garage doors, 2 pass doors and large wired network. It's perfect for the auto enthusiast or business owner (auto-body, storage, contractor, HVAC, electrician, retail, converted BnB/AirBnB etc). Or lease out the commercial space to earn rental income. You're just 7 miles to Hampton Beach, 17 miles to Portsmouth, 2 miles to Route 95 and 1 mile to The Brook Casino & Sportsbook.
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54 High St, Amesbury, MA
2-family, 6 beds, 2 baths, 3,360 sqft
Asking: $680,000
Exclusive off-market multi-family opportunity. A large cash-flowing 2-family investment property on an oversized lot just 0.3 miles from downtown Amesbury. Both units feature 3 bedrooms, 1 full bath, large kitchen, living room & approximately 1,680 sqft expanding 2 levels.
Projected Annual Cash Flow (year 1): $15,684
Cap Rate: 8.3%
Cash-on-Cash Return: 8.6%
***Assuming 7% 30-year mortgage with 25% down payment. These are projections and not investment advice***