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Berlin Multifamily Investment Opportunity

712 2Nd Avenue, Berlin, NH 03570

For Sale
$69,000

Partially renovated multifamily property ready for completion in Berlin, NH.

Property Size2,736 SF
Price / SF$25.22
Days on Market212

Property Features for 712 2Nd Avenue

General Information

Standard status Active
Size 2,736 SF
Property subtype Residential Income
Zoning RG

Taxes and HOA fees

Annual Taxes $3,461

Amenities

Finished, Unfinished, Walk-Out Access
Other
Gambrel

Building Details

Building Size 2,736 SF
Year Built 1910
Stories 2
Listed By: Ashley Rioux
Source: Evrealestate
Added: Apr 12 Changed: Oct 25 Last Checked: Nov 8 at 6:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ashley Rioux

Rey
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Investment Insights

Based on property information with market context.

This multifamily property has undergone significant structural improvements, including complete reframing that has passed inspection. The interior has been fully gutted to the studs, and a new main carrying beam with new lally columns, floor joists, and subflooring has been installed throughout. All interior partitions have been reconstructed according to plan. Both the front and rear roof sections have been rebuilt with new framing and sheathing. New windows have been installed with reworked openings to enhance natural light and improve each unit’s layout. This property is positioned as a long-term investment opportunity.

Key Highlights

  • Fully reframed and passed framing inspection.
  • Major structural improvements completed, including a new beam, columns, joists, and subflooring.
  • Interior gutted to studs and reconstructed per plan.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

394
Businesses Nearby

Demographics for 03570, NH

9,429
Population
4,372
Households
2.2
Avg Household Size
45
Median Age
14%
College-Educated
85%
High-School Grad
137.4 sq mi
ZIP Area
69
Density / Sq Mi
$43,972
Median Household Income
$34,612
Median Earnings
$804
Median Rent
$113,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Multifamily properties in Berlin, NH

$83.08 Jul
$85.31 Aug
$81.65 Sep
$80.73 Oct

Properties on Market for Multifamily properties in Berlin

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Partially renovated multifamily property ready for completion in Berlin, NH.
Where is this multifamily property located?
The property is located at 712 2Nd Avenue Berlin, NH.
What is the asking price?
The asking price for this property is $69,000.
What are key features of this property?
This property features: Fully reframed and passed framing inspection.; Major structural improvements completed, including a new beam, columns, joists, and subflooring.; Interior gutted to studs and reconstructed per plan.
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