GOFFSTOWN BEAUTY! Solid 8-Unit building! PRIME location: Center of town, across from Town Park, between 2 churches. 5 commercial on sidewalk level; 2nd floor: 3 apts. Aluminum-sided, Mansard-style,commercially-shingled roof. 12+ car parking plus on-street. 3rd floor finished,heated, for possible rental storage space or future development.) Same owners: 50 years. Only 3 owners since built. Long-term tenants (TAWs,but they'd like to be on leases). 2 new Trio-brand boilers,w/superstore hot water, heats entire building very efficiently; rents include heat,hot water, electric. Owner will pay for new, larger water taps coming into bldg in summer, 2017, when town plans to repave sidewalks,streets,etc. (Not on Historic Register: owner's choice). Ideal for investor, with many updates & improvements done. Sturdy beams & framework made of rare chestnut wood (thus,bug-free). Income: $82,200.: Expenses: $32,717.; NOI $49,483. (9% Cap rate) 80% financing avail,4-1/2%+/- int.rate; 25 yr term,w/reviews. 20% return on cash down.
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