343 Main Street
Property Description
Fully Entitled 6-Unit Multi-Family | Value-Add | Ready for Rehab Rare opportunity to acquire a pre-approved 6-unit multi-family asset with moderate rehab and strong upside. The unit mix includes one 2-bedroom/1.5 bath, two 2-bedroom/1-bath units, two 1-bedroom/1-bath units, and one large studio, all positioned to achieve full market-rate rents upon completion. Originally built in 1986 as a mixed-use retail and residential property, the asset's highest and best use has evolved into a fully residential income-producing investment. The property is well-positioned for a streamlined development process, with full architectural plans in place, including demolition and construction schedules, and all town approvals secured-ready for immediate permit pull. A local builder has already provided a rehab estimate and is prepared to begin work. Additional value can be realized through a large unfinished basement and a two-car garage, offering potential for storage or supplemental rental income. The site also provides ample on-site parking to support tenant demand. Situated in the heart of the village within walking distance to Triple Elm Coffee shop, Bruchetti's Pizza, A and M Sandown Market, Rockingham Rail Trail, Post Office, Library, Town Beach, the historic Sandown Train Depot and the Sandown Meeting House.
Broker Details
Keller Williams Realty Metropolitan (603) 232-8282
MLS ID: 619041
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $995,000 |
| No. of Units: | 6 |
| Year Built: | 1986 |
| Lot Size: | 5,968.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $165,833 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 6 |
ID: 3yd-NNERENNH-5087806
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