Vermont and New Hampshire Real Estate

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35-39 Sugar Maple Lane

Chesterfield, NH 03462

$409,000

MLS# 4439400

Leah Robinson

Listed by Bh&g - The Masiello Group

About this property

This seven apartment offering is truly turnkey. New roof on both buildings, freshly painted last year, newer septic systems (two), and most apartments recently refurbished. Mechanicals all in good shape. Very low turnover rate-most renters have been in place 2-3 years or more. On a pre-tax basis typically generates about $40,000 of free cash flow for a cap-rate near 10%. With gross rents about $63,000 and everything done, this is unquestionably the best value in Cheshire County. Owner financing available for 20 years with 35% down.

 

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