Listed by with Lamacchia Realty, Inc.

Pending

1 & 2 Kirlin Place

Pelham NH, 03076

$3,950,750


$6.61 per sqft

Pending

598,079 sqft

Commercial

Built in 1995

Age restricted housing opportunity! Welcome to a remarkable real estate opportunity w/ a sprawling almost 14-acre property abutting a serene town forest, complete with two well-maintained buildings boasting a total of 22 spacious apartment units.**Included are building expansion plans & comprehensive septic plans, allowing you to tap into the potential for additional units or amenities, enhancing the property's income-generating capabilities, are included.**Adding an extra layer of financial security, 10K SF of the land is currently leased by a cell company with a rent of $78,000 per year. This long-term lease arrangement provides a consistent and substantial additional income stream, offering you stability as an investor.** With four 2-bedroom units and eighteen 1-bedroom units, this offering presents an enticing blend of versatility and rental income potential. Nestled against the backdrop of a picturesque town forest, this property provides residents with a unique connection to nature, offering an oasis of tranquility while still being conveniently accessible to all the amenities and conveniences of city living. The two existing buildings on this expansive property provide a substantial source of rental income, with a diverse mix of unit sizes catering to various tenant needs.**Whether you're an experienced investor or looking to start your real estate portfolio, this opportunity promises a steady stream of income. Schedule a viewing and explore the endless possibilities!

4974045

MLS ID

October 13, 2023

Listed

March 14, 2024

Updated

Map

1 & 2 Kirlin Place
Pelham NH, 03076

Interior Features

Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard, Electric

Exterior/Building Features

Lot Size

13.73 Acres


Lot Features

Abuts Conservation, Commercial Zoning, Rural


Sewer

Septic Shared

Other Property Details

Area Name

NH-Hillsborough


Taxes

$40,623


Tax Frequency

Annually


Days on Market

133


Garage

No


Parking

Assigned, Parking Spaces 21, Paved, Visitor


View

No


Water Source

On-Site Well Exists, Shared


Pool

No


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

2/23/2024

Pending

2/20/2024

Active

10/25/2023

Pending

Listed by with Lamacchia Realty, Inc.

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