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Owner could hold 2nd mortgage for up to 10%, for qualified buyer.Your $99K is what you need. Money-maker 15 unit,15-Car parking at rear, white vinyl siding,newer windows. major renovations, new electric heat, new roof, new pergo & w/w in most apts. Tenants pay heat & util.;master key.Seller is a NH LIC.RE broker. $131,000+/- income when filled based on average rent..but Some apts bigger than others, renting for more: (three now leased:$900.,Two at $866.). Apts will be all leased by closing. $23,799.. expenses $107,000. NOI. 10% C.R. $55,542 for P&I at 80% mortgage,25 yrs, today's rates. 6,942 2nd mort $44,516 net cash or 43% return on investment of your $99K...NOT BAD!.Exp. Updated: w/s $4800, Ins $2803.;elec $180,plow $1200. yrly

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Listed by Joan Blais of BHHS Verani Londonderry
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