Current Use by Public Records
- Specialty properties
Property Details for 79-83 King Rd
- Year built
- 2023
- Lot size
- 10.78 lot acres
- Property type
- Specialty properties
- Property subtype
- Mixed-use properties
Description
This exceptional investment opportunity in Chichester, NH, presents a meticulously crafted portfolio of five units spread across 10.78 acres. The property includes a stunning 2,910 sq ft single-family home, a duplex featuring two 3-bedroom units, and a 2,000 sq ft accessory dwelling unit (ADU), all constructed in 2023 and renovated in 2024. The main residence boasts high ceilings, hardwood floors, a gourmet kitchen with stainless steel appliances and quartz countertops, a stone gas fireplace, and a luxurious bathroom. The ADU, completed in late 2023, offers modern finishes and a separate driveway. Each duplex unit provides three bedrooms, two bathrooms, recessed lighting, stainless steel appliances, and central AC, along with individual fenced yards and playgrounds. A heated garage adds further value. The entire property is currently 100% occupied, generating a 7.97% cap rate. With a total of 8,944 square feet across four buildings and three stories, this Class A property offers ample parking and storage. The permitted zoning is RES, and the low taxes, combined with its proximity to Concord, NH, make this a highly desirable investment. This is a rare opportunity to acquire a turnkey, high-performing multifamily portfolio in a sought-after location. The asking price is $2,399,900, with a price per square foot of $268.33.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chichester
- County
- Merrimack
- State
- New Hampshire
- Longitude
- -71.424
- Latitude
- 43.2548
