If you want to maximize this Legal Duplex property a solid move would be I would furnish it, rent it to students for 8 months, and put it on Air B&B for the summer months. Considering students will pay about $850 x6 = $5100 ( monthly) plus utilities per room Air B&B should fetch an average or $500.00 ($250.00 per Unit) 20 nights rented = $10,000 Per month gross income. This property could quickly become one of your top producing properties in your portfolio. The main floor offers an open concept floor plan, nice kitchen with a peninsula, 2 beds and 3 rd room that could be a den, bedroom or dining room also the laundry is located in a closet just off the kitchen. The Basement offers a large living area, open concept kitchen and laundry ample storage and 3 good sized bedrooms. The property also has a large deck, detached garage and a huge lot that has potential for redevelopment or to legally add a 3 and 4 th unit. (id:47423)
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Detailed Information
Bedrooms
6
Bathrooms
2
Lot
60 x 150 ft
Listing Contract Date
2024-10-01
Location Description
BATH TO PORTSMOUTH
Ownership Type
Freehold
# of Parking Spaces
3
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
A1
Building
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
1958
Cooling Type
Central air conditioning
Exterior Finish
Brick
Heating Type
Forced air
Stories Total
2
Type
Duplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Detached Garage
Land
Total Size
under 1/2 acre
Sewer
Municipal sewage system
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