2008 wakefield

Incredible opportunity for an investor in low tax Wakefield, NH. This 8 unit multi-family has a potential cap rate of 8.7% and the potential to net close to a 100K yearly with the new rental rates. The entire building went through extensive renovations within the last 5-7 years. Recent improvements throughout include are pointed foundation, newer roof, updated plumbing, electric, & a Buderus heating system. This property has seven 1 bedroom units, and one 2 bedroom unit. Each unit has been tastefully updated to keep up with modern trends while also maintaining a classic New England colonial feel. Units have updated kitchens which include granite countertops, vinyl replacement windows and many units have wood floors and cathedral ceilings. Common laundry room located in the walkout basement space is set up and ready for 3 sets. Plenty of storage in the walkout basement for the owner or can be set up for tenants. Each unit is metered separately for electric. Come see why this property has had a 100% occupancy rate.