53 N Spring St

2,178 Sq. Ft.
$135 / Sq. Ft.
2,178
Sq. Ft.
$135
per Sq. Ft.

Description

Who doesn't appreciate a spacious parking area PLUS a FOUR car garage? This three family building has much to offer all on its own BUT add in the fact that it has ample paved parking and its value is enhanced even more. Two of the garage units are rented out on a monthly basis. Tenants pay heat, electricity and hot water. ALL units are rented with leases in place. The first floor has THREE bedrooms, one bath and laundry; the second floor has TWO bedrooms, one bath and laundry and the third unit is...Who doesn't appreciate a spacious parking area PLUS a FOUR car garage? This three family building has much to offer all on its own BUT add in the fact that it has ample paved parking and its value is enhanced even more. Two of the garage units are rented out on a monthly basis. Tenants pay heat, electricity and hot water. ALL units are rented with leases in place. The first floor has THREE bedrooms, one bath and laundry; the second floor has TWO bedrooms, one bath and laundry and the third unit is a studio with its own bath. Location is a priority and this property is walking distance to many Concord landmarks, Main St., and the UNH Law Center. The bottom line...your NOI is over $28,000. annually, which would be a positive addition to any investor's portfolio. Listing agent is related to Seller.
  1. Listed by Debbie Kelley • BHHS Verani Londonderry

Sold By LAER Realty Partners/Beauchemin & Assoc.

Property Details for 53 North Spring Street

Parking
Driveway, Garage, Paved
Zoning
RD
LISTING CLOSED: 06/16/2017 12:00 AM

Property Details for 53 North Spring Street

StatusClosed
MLS #4617570
Days on Market83
Taxes$5,904 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1900
Lot Size0.13 AC / 5,662 SF
CountyMerrimack County
Add your commute

Building Information for 53 North Spring Street

Stories2Residences3Year Built1900Building Size-Lot Size0.13 AC / 5,662 SF

Payment Calculator

$1,986 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,494

Property Taxes

$492

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 53 North Spring Street

Summary
Location and General Information
  • City: Concord
  • County: NH-Merrimack
  • Directions: Head North on Centre Street from downtown Concord, and take a left onto North Spring Street. Blue house located on right.
  • Latitude: 43.206043449711800
  • Longitude: -71.541880982803406
  • Road Frontage: TBD
  • Seasonal: No
  • State: NH
  • Street Designation: Street
  • Map: 43
  • Zip: 03301
Taxes and HOA Information
  • Tax Expenses: $5,904.00
  • Tax - Gross Amount: $5,904.00
  • Tax Year: 2016
  • Taxes TBD: Yes
School Information
  • School - District: Concord School District SAU #8
Parking
  • Garage: Yes
  • Garage Capacity: 4.00
  • Driveway: Paved
Property
Lot Information
  • Block: 8
  • Lot: 7
  • Lot - Sqft: 5663.0
  • Lot Size Acres: 0.13
  • Square Feet Apx Finished Above Grade: 2178.0
  • Square Feet Apx Finished AG Source: Public Records
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Total: 3192.0
  • Square Feet Apx Total Finished: 2178.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished AG Source: Public Records
  • Square Feet Apx Unfinished Below Grade: 1014.0
  • Square Feet Apx Unfinished BG Source: Public Records
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Easements: Unknown
  • Flood Zone: No
  • Foundation: Block, Brick
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1900
Utilities
  • Electric: 200 Amp, Circuit Breaker(s), Combo
  • Sewer: Public
  • Total Gas Meters: 3
  • Total Electric Meters: 4
Interior and Exterior Features
Exterior Features
  • Color: Blue
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
Interior Features
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Bulkhead, Sump Pump, Unfinished
  • Total Full Baths: 3
  • Flooring: Hardwood, Tile
  • Heat Fuel: Electric, Gas - Natural
  • Heating: Wall Units
  • Cooling: None
  • Total Refrigerators: 3
  • Total Stories: 2
  • Total Water Heaters: 3
  • Trash: Curbside
Multi Family
Income & Expenses Information
  • Gross Income: $37,800.00
  • Expenses - Annual: $8,876.00
  • Expenses - Insurance: $908.00
  • Expenses - Snow: $480
  • Net Income: $28,924.00
  • Expenses - Water: $984.00
  • Expenses - Miscellaneous: $600.00
  • Operating Expense Incl: Insurance, Maintenance, Other, Snow Removal, Water/Sewer
Multi-Family Information
  • Total Units: 3
  • Total 1 BR Units: 1
  • Total 2 BR Units: 1
  • Total 3+ BR Units: 1
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 3
  • Unit 1 Lease Term: Annual
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Rooms: 5
  • Unit 1 Rental Amount: $1,250.00
  • Unit 1 Tenant Pays: Electric, Heat, Hot Water
Unit 2
  • Unit 2 Lease Term: Annual
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 4
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 2
  • Unit 2 Rental Amount: $1,070.00
  • Unit 2 Tenant Pays: Electric, Heat, Hot Water
Unit 3
  • Unit 3 Lease Term: Annual
  • Unit 3 Baths: 1
  • Unit 3 Rooms: 1
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Bedrooms: 1
  • Unit 3 Rental Amount: $650.00
  • Unit 3 Tenant Pays: Electric, Heat, Hot Water
Rental
Rent Information
  • Total Leases: 3

Property History for 53 North Spring Street

DateEvent & SourcePriceAppreciation
Jun 16, 2017

Sold (Public Record)

Public Record #599352452

$294,000

+45.7% / yr

Jun 16, 2017

Sold

New England Real Estate Network #4617570

$294,000—
Jun 16, 2017

Pending

New England Real Estate Network #4617570

—
DateEvent & SourcePrice
06/16/2017

Sold (Public Record)

Public Record #599352452

$294,000

+45.7% / yr

06/16/2017

Sold

New England Real Estate Network #4617570

$294,000
06/16/2017

Pending

New England Real Estate Network #4617570

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 53 North Spring Street

Taxable ValueLand$90,300Additions$225,700Total$316,000
Tax Record2025$9,199 ($767 / month)
Home Facts
Baths3Total Finished SqFt2,178 SqFtAbove Grade Finished SqFt2,178 SqFtUnfinished Basement SqFt1,014 SqFtStories2Lot Size5,663 SqFtStyleTriplexYear Built1900Year Renovated1900ZoningRDCountyMERRIMACKAPNCNCD M:6444Z B:66

Schools near 53 North Spring Street

This home is within Concord School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 13
Public - 1 to 5
Rating
School
Distance
Christa Mcauliffe School
PublicK to 5

Rundlett Middle School
Public6 to 8

Concord High School
Public9 to 13

Rumford School
Public1 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
–
3
1
1,729
5,663
–
–
2
2,609
10,454
–
3
1
1,201
4,792
$262,000
–
2
2,748
6,098
–
2
1
1,200
4,356

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Verani Londonderry

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