$1,425,000
12
Beds
6/1
Baths
6,804
Living Area
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Property Description
98-100 River St contains a total of 7-units comprised of one (1) commercial unit and six (6) apartments. The apartments consist of (4) 2-bedroom units and (2) 3-bedroom units. The commercial space is leased to Upscale Cutz Barbershop, who just started the 4th year of their 5-year lease. The building features separately metered heat, hot water, and electric paid by the tenants for all units. The property is located on the Merrimack River on the Western edge of Downtown and just 0.2-miles from the train station. The property has a current cap rate of 7.41%. Please note property is in a flood zone. Initial offers due by 5:00PM Friday 2/7. Best & Final offers due by 5:00PM Tuesday 2/11.
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Highlights
- Has View: Yes
- Property Class: Residential Income
- Stories: 5
- Year Built: 1912
- Levels: 5
- Property Type: 5-9 Family
- Total Rooms: 28
- Status: Closed
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Additional Details
- Construction: Stone
- Lot Features: Flood Plain, Other
- SqFt Source: Public Record
- View: Scenic View(s)
- Year Built Source: Public Records
- Foundation: Other
- Roof: Rubber
- Total Number of Units: 7
- Year Built Details: Approximate
- Zoning: Cg
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Amenities
- Waerfront: Yes
- Waterfront Features: Waterfront, River
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $655,700
- Taxes: $8,452
- Tax Year: 2025
- Total Rent: $11,950
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Listing information provided courtesy of Horvath & Tremblay.
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