40 Louise Drive
40 Louise Drive
Litchfield, NH 03052
$890,900
Price
8
Beds
4
Baths
2,912 Sq. Ft.
$306 / Sq. Ft.
2,912
Sq. Ft.
$306
per Sq. Ft.
Description
If you are looking for a simple, unique, manageable rental property in a great location, you don't need to look any further! This 1960 built four unit apartment building is an ideal Investor or Owner Occupant property! All rents are below market value & leases end this fall or sooner! All units are 2 bedroom apartments with comfortable living space, applianced kitchens, neutral interiors & 2 doors to the common hallway. Tenants manage their electricity costs with separate meters for each unit....If you are looking for a simple, unique, manageable rental property in a great location, you don't need to look any further! This 1960 built four unit apartment building is an ideal Investor or Owner Occupant property! All rents are below market value & leases end this fall or sooner! All units are 2 bedroom apartments with comfortable living space, applianced kitchens, neutral interiors & 2 doors to the common hallway. Tenants manage their electricity costs with separate meters for each unit. The full basement features daylight windows, walk-out access, storage closets & laundry hookups for each unit to have their own washer & dryer. The double wide driveways accommodate 2 parking spaces per unit & there's a nice large yard for outdoor enjoyment. This well-maintained property ensures a clean & peaceful living environment, within a residential setting, in a small town while still being close to Route 102 for easy commuting & access to nearby amenities. Schedule your private showing with advance notice to fully appreciate the value and potential this property offers.
- Listed by Cynthia Surette • RE/MAX Innovative Properties • Cell: 603-860-5212
Property Details for 40 Louise Drive
Parking
Driveway, Off Street, Parking Spaces 5 - 10
ZoningR
Location
Listing Courtesy of RE/MAX Innovative Properties
Add your commute
LISTING UPDATED: 04/20/2024 10:19 AM
Property Details for 40 Louise Drive
| Status | Active |
|---|---|
| MLS # | 4957672 |
| Days on Market | 317 |
| Taxes | $8,219 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1960 |
| Lot Size | 0.91 AC / 39,639 SF |
| County | Hillsborough County |
Location
Listing Courtesy of RE/MAX Innovative Properties
Add your commute
Building Information for 40 Louise Drive
Stories3Residences4Year Built1960Building Size-Lot Size0.91 AC / 39,639 SF
Payment Calculator
$5,547 per month
30 year fixed, 7.25% Interest
Principal and Interest
$4,862
Property Taxes
$685
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 40 Louise Drive
Summary
Location and General Information
- Area Description: Neighborhood
- City: Litchfield
- County: NH-Hillsborough
- Road Frontage: Yes
- Seasonal: No
- State: NH
- Street Designation: Drive
- Map: 5
- Zip Code: 03052
Taxes and HOA Information
- Tax - Gross Amount: $8,219.00
- Tax Year: 2023
- Taxes TBD: No
School Information
- School - High: Campbell High School
- School - District: Litchfield Sch Dst SAU #27
- School - Elementary: Griffin Memorial School
- School - Middle/Jr: Litchfield Middle School
Parking
- Garage: No
- Garage Capacity: .00
- Driveway: Common/Shared, Paved
Virtual Tour
- Property Panorama Virtual Tour: https://tour.neren.com/40-Louise-Drive-Litchfield-NH-03052/unbranded
Property
Lot Information
- Block: 0
- Lot: 86
- Lot - Sqft: 39640.0
- Lot Features: Country Setting, Landscaped, Level, Subdivision, Wooded
- Lot Size Acres: 0.91
- Road Frontage Length: 217.0
- Square Feet Apx Finished Above Grade: 2912.0
- Square Feet Apx Finished AG Source: Assessor
- Square Feet Apx Finished Below Grade: 0.0
- Square Feet Apx Finished BG Source: Assessor
- Square Feet Apx Total: 4368.0
- Square Feet Apx Total Finished: 2912.0
- Square Feet Apx Unfinished Above Grade: 0.0
- Square Feet Apx Unfinished AG Source: Assessor
- Square Feet Apx Unfinished Below Grade: 1456.0
- Square Feet Apx Unfinished BG Source: Assessor
Property and Assessments
- Current Use: No
- Property Class: Multi-Family
- Construction Status: Existing
- Easements: No
- Flood Zone: No
- Foundation: Concrete
- PreConstruction: No
- ROW - Parcel Access: No
- Surveyed: Yes
- Year Built: 1960
Utilities
- Electric: 200 Amp, Circuit Breaker(s)
- Sewer: Leach Field, Septic
- Water Source: Drilled Well, Private
- Utilities: Cable - Available
- Total Gas Meters: 0
- Total Electric Meters: 9
- Separate Utilities: Yes
- Internet: Internet - Cable
Interior and Exterior Features
Exterior Features
- Color: White
- Construction Materials: Wood Frame, Vinyl Siding
- Features - Exterior: Outbuilding, Shed
- Roads: Paved, Public
- Roof: Shingle
- Total Ranges: 4
Interior Features
- Appliances: Water Heater – Electric
- Basement: Yes
- Basement Access Type: Interior
- Basement Description: Concrete, Concrete Floor, Daylight, Full, Stairs - Exterior, Stairs - Interior, Storage - Assigned, Storage - Locked, Storage Space, Unfinished, Interior Access, Exterior Access, Stairs - Basement
- Total Full Baths: 4
- Flooring: Carpet, Vinyl
- Heat Fuel: Electric
- Heating: Electric
- Cooling: None
- Total Refrigerators: 4
- Total Rooms Above Ground: 16
- Total Stories: 3
- Total Water Heaters: 4
- Trash: Other, Tenant
Multi Family
Income & Expenses Information
- Gross Income: $67,200.00
- Net Income: $54,224.00
- Operating Expense Incl: Insurance, Maintenance, Other, Snow Removal
- Operating Expense: $3,609
Multi-Family Information
- Total Units: 4
- Total 1 BR Units: 0
- Total 2 BR Units: 4
- Total 3+ BR Units: 0
- Total Heat Units: 4
Unit Information
Unit 1
- Unit 1 Style: Garden
- Unit 1 Baths: 1
- Unit 1 Bedrooms: 2
- Unit 1 Lease Term: Annual
- Unit 1 Level Number: 1
- Unit 1 Rental Amt Freq: Monthly
- Unit 1 Status: Leased
- Unit 1 Rooms: 4
- Unit 1 Rental Amount: $1,400.00
- Unit 1 Tenant Pays: Electric, Heat
- Unit 1 Info: Range - Electric, Refrigerator, Smoke Detector
Unit 2
- Unit 2 Lease Term: Annual
- Unit 2 Style: Garden
- Unit 2 Baths: 1
- Unit 2 Rooms: 4
- Unit 2 Status: Leased
- Unit 2 Level Number: 1
- Unit 2 Rental Amt Freq: Monthly
- Unit 2 Bedrooms: 2
- Unit 2 Rental Amount: $1,400.00
- Unit 2 Tenant Pays: Electric, Heat
Unit 3
- Unit 3 Lease Term: Annual
- Unit 3 Baths: 1
- Unit 3 Rooms: 4
- Unit 3 Level Number: 2
- Unit 3 Rental Amt Freq: Monthly
- Unit 3 Status: Leased
- Unit 3 Style: Garden
- Unit 3 Bedrooms: 2
- Unit 3 Rental Amount: $1,400.00
- Unit 3 Tenant Pays: Electric, Heat
Unit 4
- Unit 4 Lease Term: Annual
- Unit 4 Level Number: 2
- Unit 4 Rental Amt Freq: Monthly
- Unit 4 Style: Garden
- Unit 4 Rooms: 4
- Unit 4 Baths: 1
- Unit 4 Bedrooms: 2
- Unit 4 Status: Month to Month
- Unit 4 Rental Amount: $1,400.00
- Unit 4 Tenant Pays: Electric, Heat
Rental
Rent Information
- Total Leases: 4
Property History for 40 Louise Drive
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 40 Louise Drive
Taxable ValueLand$159,800Additions$232,700Total$392,500
Tax Record2023$8,219 ($685 / month)
Home Facts
Baths4Total Finished SqFt3,147 SqFtAbove Grade Finished SqFt3,147 SqFtStories2Lot Size39,814 SqFtStyleMulti-Family Dwelling (2-4)Year Built1960ZoningRESCountyHILLSBOROUGHAPNLTCH M:00005 L:000086 S:000000
Schools near 40 Louise Drive
This home is within Litchfield School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 4 | |||
| Public - | 5 to 8 | |||
| Public - | 9 to 12 | |||
| Private - | PK to 12 |
Rating | School | Distance |
|---|---|---|
Griffin Memorial School PublicPK to 4 | ||
Litchfield Middle School Public5 to 8 | ||
Campbell High School Public9 to 12 | ||
Tabernacle Christian School PrivatePK to 12 |
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.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of RE/MAX Innovative Properties
Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. 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 04/30/2024 11:46 PM
