A GREAT INVESTMENT!! Currently has an 8.7% cap rate, and that is with a below-market residential rent. With current market rent, cap rate should be over 10! Single family home, detached garage and commercial space on one lot. Lot is zoned Commercial C-2. House is 1,402 ft2 with 4-5 nicely sized bedrooms and a full bath. Second floor does have lower ceilings. Hardwood floors in much of the house and nice fireplace. All buildings have been well maintained by the current owner. 2,784 ft2 commercial building presently houses a machining business with both shop and office space. Current tenant is planning to vacate by end of February. The commercial building has mini-splits that provide heating and cooling, as well as a forced hot air furnace for backup heat. 3-phase electricity and a loading dock!! There is also a 2 car detached garage that is set-up for a heating source and compressed air and an 8' door. All roofs have been replaced within the last 5 years. Private drilled well with public sewer. Live onsite and run your business, or rent the house out for additional revenue! Buyer to complete all due diligence.

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Basic Information

StatusACT
Modification Date01/27/2023
TypeBusiness, Industrial, Office
List Price$425,000
Broker NameBean Group / Keene
Listing Agent NameRochelle Bunton
Lister Office NameBean Group / Keene
MLS Number4937252
MLS StatusActive

Utilities

FuelOil
Heating CoolingForced Air, Mini Split

Location

Building Number143
StreetJaffrey Road
TownMarlborough
StateNH
Zip03455
CountyCheshire
Map3

Property

Acreage3.2
Parking Spaces
Property TypeCommercial Sale
AreaCommercial Zoning
Lot Sqft139,392
Road Frontage366

Other

AC percent65
View Count1

Building

Year Built1950
ConstructionWood Frame
NumberOfUnitsInCommunity3
FoundationConcrete
BasementConcrete, Full, Unfinished, Walkout, Interior Access, Exterior Access, Stairs - Basement
Garage Spaces

Exterior

ExteriorVinyl Siding, Wood Siding
RoofMetal, Shingle - Asphalt

Water Body

Docks1

Legal

Taxes$7,493
NOI44550
OtherStructuresBuilding Only, Land/Building
ZoningC-2 RT

School Name	Distance	Type	Grades

Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 April 2, 2023 12:43 AM EDT

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Your Questions & Comments I found a listing on "Galloway Real Estate" which you may be interested in:

143 Jaffrey RoadMarlborough, NH 03455MLS Number 4937252

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