Listing Provided Courtesy Of:
Robert Young with RE/MAX Synergy.
53 Concord Street Belmont, NH
$ 425,000
Property Attributes
  • MLS#4850791
  • TypeMulti-Family
  • CountyBELKNAP
  • CityBelmont
  • AreaBelknap
  • Zip03220
  • StyleApartment Building
  • Year Built1930
  • Taxes$ 7871
  • Price$ 425,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage6725
  • Lot Size0.54 Acres
Listing Provided Courtesy Of:
Robert Young with RE/MAX Synergy.
Data Source:
Northern New England Real Estate Network (NNEREN) - 85 - NH
Property Description

Investor special & the numbers work! This Mixed use Auto garage + 3 residential apartments in Historic Belmont Village is available for sale for the first time in over 40 years! This building with the owners unit & extra garage has the ability to gross over 60k in rents, and TENANTS PAY ALL. This property has potential for over 10% Cap rate, agents please refer to the Listing packet for more details. Commercial loan or cash preferred as this property will not qualify for FHA/VA financing. Seller willing to finance with minimum 30% down payment. All items on the lot are open for negotiation and can be included in the sale, seller will need 60 days to remove all items from yard & interior. For the convenience of the tenants, assisted showings will be held weekends on Saturdays & Sundays only between the hours of 12-5, beginning 3/20. Please use Showingtime to schedule.

Price History
3/15/2021 Listed $425,000

General Features

Assessment Amount 310600
Basement Yes
Block 032
Construction Insulation-Foam
Construction Status Existing
Cooling None
Electric 220 Volt
Flood Zone No
Garage Yes
Heating Forced Air, Stove - Wood
Listing Area NH-Belknap
Net Income 41729
Price Per Sq Ft 114.56
Road Frontage Yes
Roof Shingle
Sewer Public
Status Active
Stories 2
Style Apartment Building
Tax Year 2019
Trash Municipal
Type Multi-Family
Utilities Cable - Available, High Speed Intrnt -AtSite
Water Public
Water Heater Free Standing
Year Built 1930
Zoning Village

Interior Features

Basement Access Type Walkout
Basement Description Concrete
Heating Fuel Kerosene, Wood
Sqft-apx Fin Above Grade 3710
Sqft-apx Total 6725
Sqft-apx Total Finished 3710
Sqft-apx Unfn Below Grade 3015
Total 2 Br Units 1
Total 3+ Br Units 2
Total Number of Units 5
Unit 1 Bedrooms 2
Unit 2 Bedrooms 3
Unit 3 Bedrooms 3
Unit 5 Rooms 1

Exterior Features

Unit 1 Baths 1
Unit 2 Baths 2
Unit 3 Baths 1
Driveway Concrete
Exterior Vinyl Siding, Wood Siding
Foundation Concrete
Garage Capacity 6
Garage Type Under
Lot 000
Lot Description Rolling
Lot Size Area 0.54
Road Frontage Length 12
Roads None
Unit 4 Style Auto body shop
Unit 5 Style Auto body shop


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 03220

Statistics provided by Inside Real Estate

AVG $360K
AVG $6,210
AVG 56
Year Built
AVG 1953
AVG 26
Data Provided by Walkscore ® not using MLS data

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