79-83 King RdChichester, NH 03258

Property Details for 79-83 King Rd

Year built

2023

Lot size

10.78 AC

Property size (Sq ft)

8,944 SF

Property type

Other commercial real estate

Property subtype

Other specialty 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.

Location Insight

City

Chichester

County

Merrimack

State

New Hampshire

Latitude

43.2548

Longitude

-71.424

FAQs

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