82 South State Street, Concord, NH 03301

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Wendy E. K.

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Building Details:

• Year Built: 1900

82 South State Street is amulti-family property for lease in Concord, NH.

Great Investment Property in Downtown Concord. The property consists of four (4) one bedroom apartments and one (1) retail unit in the front of the building just rented! There is a large parking lot to the rear of the property. This is on the corner of South State Street and Downing Street with excellent visibility!

Two (2) of the one-bedroom apartments are already leased. One tenant pays $625 per month and the other one-bedroom is rented at $675 per month. Both of these tenants are on a month-to month (TAW). + The other two (2) one-bedroom apartments have just been newly redone and are about to be rented at $700 per month.

All the one-bedroom tenants pay their own separately metered utilities, to include heat, electricity and hot water.

The Landlord pays the water/sewer for the entire building.

Retail Unit lease consisting of 900 +/- SF commences May 13, 2016 and rent shall be $750 per month plus Tenant to pay separately metered utilities. This retail unit has been all redone to include new outlets, suspended ceiling, electric panel, 2 x 4 LED lighting, plank vinyl flooring and portable A/C units. Lease is for one year with one year option - rent to be determined for option term.

Insurance is $4,871 per year and real estate taxes are $7,045.52 per year.
This ideal Investment Property won't last!!

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