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79 King Rd

3 Unit Apartment Building $999,900 ($333,300/Unit) 7.96% Cap Rate Chichester, NH 03258

Executive Summary

New Construction Duplex Plus a Commercial Garage | Strong 7.96% Cap Rate | Expansive 8.43-Acre Lot | 79 King Road, Chichester, NH - $999,900
Learn More: www.KingRoadNH.com
• Newly constructed Duplex: A rare and highly sought-after side-by-side duplex built in 2023
• Impressive 7.96% cap rate; Low expenses & Separate utilities
• Garage: Includes a garage with heat and electricity, ideal for everyday use.
• Situated on a vast 8.43-acre lot; Separate fenced-in yards with playgrounds, perfect for families with children.
Look no further than this rare, highly sought-after new construction side-by-side duplex built in 2023, offering impressive cash flow with a current 7.96% cap rate. Situated on an expansive 8.43-acre lot, this exceptional property features a commercial garage with heat and electricity, perfect for your business needs. Each unit boasts 3 spacious bedrooms, 2 bathrooms (including a convenient guest bathroom on the first floor), and separate fenced-in yards with playgrounds, ideal for families. With separate utilities to keep expenses low, recessed lighting, stainless steel appliances, and central AC, these units are designed for ultimate comfort and efficiency. The full 9-foot high basements provide ample storage space with laundry facilities, while the paved parking ensures convenience. Enjoy the benefits of a low-tax town to keep your expenses low. Located just 5 minutes from Concord, this property offers plenty of parking for all your tools and equipment. Act fast as this will not last.

Property Facts

Price $999,900
Price Per Unit $333,300
Sale Type Investment
Cap Rate 7.96%
No. Units 3
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Multifamily Dormitory
Lot Size 8.43 AC
Building Size 4,000 SF
No. Stories 2
Year Built 2023

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
6+5 3 - -

zoning

Zoning Code RES
RES
  • Listing ID: 32275120

  • Date on Market: 6/27/2024

  • Last Updated:

  • Address: 79 King Rd, Chichester, NH 03258

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