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112 E Broadway StreetSalem, NH 03079MLS Number 4844076

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Federal 30-year interest rate: 3.02% last updated on Mar 4, 2021
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Active with Contract
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  • 0.38Acreage
  • 1800Year Built
  • 4,690Square Feet
  • 15Map
Here is a fantastic opportunity to add to your investment portfolio. This 6 unit mixed use building is the home of the US Post Office as well as a long standing local business together with 4 residential units with recent upgrades. This unique blend of tenants offers an investor security knowing that the diversity of the tenants offers greater probability of constant cash flow and maximum occupancy. This property is offering a great return at 7.6% cap rate and a cash on cash return of apx 13% to 14% with a 25% down payment.
Listed by Stephan Coufos of Coco, Early & Associates The Andovers

Driving Directions

Gilman Real Estate
Gilman Real Estate
Office: 603-772-0808
39 Front St
Exeter, NH 03833

More Info

Basic Information

  • StatusActive With Contract
  • Modification Date03/06/2021
  • TypeInvestment, Multi-Family, Office, Retail
  • Broker NameCoco, Early & Associates The Andovers
  • Listing Agent NameStephan Coufos
  • Lister Office NameCoco, Early & Associates The Andovers
  • MLS Number4844076
  • MLS StatusActive Under Contract

Water Body

  • Docks1

Location

  • Building Number112
  • StreetE Broadway Street
  • TownSalem
  • StateNH
  • Zip03079
  • CountyRockingham
  • Map15

Exterior

  • ExteriorVinyl

Utilities

  • FuelElectric, Gas - LP/Bottle
  • Heating CoolingElectric, Hot Water

Building

  • Year Built1800
  • Units6
  • Square Feet4,690
  • BasementConcrete Floor, Exterior Access, No Tenant Access
  • Garage Spaces

Property

  • Acreage0.38
  • Parking Spaces
  • Property TypeCommercial Sale
  • Lot Sqft16,553

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Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 March 6, 2021.

 

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