Excellent location just a few minutes from I93 exit 2 on a large almost two acre lot in a low density single family neighborhood. This 9 unit building on city sewer has a large welcoming back yard, extra land and ample paved parking. Most apartments have been freshly renovated with new kitchens with granite tops and sleek stainless steel appliances, new baths, new or gleaming refinished hardwood flooring, LED lighting, new decks, sliding doors and windows. Each apartment has separate heat and electric and produces an 8% capitalization rate. There is a large large U=shape drive and parking area with a total of three curb cuts on 396 feet of road frontage. Principals of selling entity are licensed real state agents.
Salem is located in New Hampshire. Salem, New Hampshire has a population of 30,158. Salem is less family-centric than the surrounding county with 27.4% of the households containing married families with children. The county average for households married with children is 30.7%.
The median household income in Salem, New Hampshire is $91,276. The median household income for the surrounding county is $101,683 compared to the national median of $69,021. The median age of people living in Salem is 44.4 years.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 14.8 degrees. The average rainfall is approximately 46.8 inches per year, with 59.1 inches of snow per year.
