19 Newton Rd Plaistow, NH 03865
Multifamily property with value-add potential in Plaistow, New Hampshire.
Property size:
10,578 SFProperty Features for 19 Newton Rd
General Information
- Size
- 10,578 SF
Building Details
- Year built
- 1980
Source:
Nerealtyadvisors
Listing Agent: Brad Carlson
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Plaistow Multifamily Investment Opportunity
The Newton Road Apartments, located in Plaistow, NH, are available for sale. The property includes four separate buildings: three 2,964 SF four-unit buildings with identical floor plans constructed in 1980, and one 1,686 SF single-family home built in 1990. The unit mix consists of twelve two-bedroom apartments and one three-bedroom single-family home. All units are tenant-at-will with below-market rents. All utilities are separate and paid by the tenants. Value can be added by upgrading units and raising rents to market rate. All buildings use private septic and private well water. The single-family home connects to its own septic system, while the other three buildings connect to a larger system. The current owner recently completed a $15,000 upgrade to the well water system with filtration and pump systems. The offering includes two lots: a 6.87-acre lot at 19 Newton Rd, Plaistow, NH, and a 5.9-acre lot on Lovers LN, Haverhill, MA. Plaistow, New Hampshire, in Rockingham County, offers a blend of rural charm and suburban convenience. It provides access to commuting routes while maintaining a community-oriented atmosphere. Plaistow features residential areas, local businesses, and recreational spaces.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Single family properties
Location Insight
- Map
- Local Demand
- City
- Plaistow
- County
- Rockingham
- State
- New Hampshire
- Longitude
- -71.0631991
- Latitude
- 42.8111318
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Multifamily property with value-add potential in Plaistow, New Hampshire.
Where is this apartment building located?
The property is located at 19 Newton Rd Plaistow, NH.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: - Value-add opportunity through unit upgrades and rent increases to market rate.; - Twelve two-bedroom apartments and one three-bedroom single-family home provide a diversified income stream.; - New well water filtration and pump system upgrade.