Incredible opportunity for an investor in low tax Wakefield, NH. This 8 unit multi-family has a potential cap rate of 8.7% and the potential to net close to a 100K yearly with the new rental rates. The entire building went through extensive renovations within the last 5-7 years. Recent improvements throughout include are pointed foundation, newer roof, updated plumbing, electric, & a Buderus heating system. This property has seven 1 bedroom units, and one 2 bedroom unit. Each unit has been tastefully updated to keep up with modern trends while also maintaining a classic New England colonial feel. Units have updated kitchens which include granite countertops, vinyl replacement windows and many units have wood floors and cathedral ceilings. Common laundry room located in the walkout basement space is set up and ready for 3 sets. Plenty of storage in the walkout basement for the owner or can be set up for tenants. Each unit is metered separately for electric. Come see why this property has had a 100% occupancy rate.

Copyright 2023 New England Real Estate Network, Inc. All rights reserved. This display of listings may or may not be the entire Compilation from the NEREN database, and NEREN does not guarantee the accuracy of such information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated February 1, 2023 10:09 AM EST.

Listing Tools

Property Details of 2008 Wakefield Road

Property Details

Property Details

Basic Information

Interior Features

Interior Features

Basement

Exterior Features

Exterior Features

Map Location

Driving Directions

Island Real Estate

Listing Tools

$/month over payments

Success!

Hi there! How can we help you?

Success!

Send to a friend

Property Details of 2008 Wakefield Road

Property Details

Property Details

Basic Information

Interior Features

Interior Features

Basement

Exterior Features

Exterior Features

Map Location

Driving Directions

Success!

Hi there! How can we help you?

Success!

Hi there! How can we help you?

Success!

Hi there! How can we help you?

Island Real Estate