13 East Rd, Weare, NH 03281

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Building Details:

• Year Built: 1972

13 East Rd is located in Weare, NH.

Consistent money maker. Many upgrades and steady, solid tenant history for this 8 unit apartment building. Long-term tenants and ease of operation make this a wise investment for less experienced investors, yet offering exceptional return on investment for experienced owners. Great parking. PUBLIC SEWER. Overlooks wide open fields. Recently replaced many systems. Location just off of Rte 114. Manchester suburb w/strong growth patterns. Most units have been renovated and updated. Currently has on-site maintenance person. He is open to working the new owner to continue to utilize his services, if new owner desires. Coin operated laundry adds to income for owner and convenience to tenants. *** Rear four units have completely separate utility meters. Current owner is including utilities, but new owner could find some savings in having tenants pay their own utilities. This property is an excellent alternative to typical apartment buildings in Manchester, Concord and Nashua, since turnover is much less and tenant quality has proven to be higher. Gross rental income of $72,207 and Net Operating Income (NOI) of $45,032.