Listed by Matthew Martel with RE/MAX Northern Edge Realty LLC 603-752-0003

Active

5 Glen Avenue

Berlin NH, 03570

$299,900


$67.44 per sqft

Active

3 Beds

2 Baths

4,447 sqft

Multi-family

Built in 1905

Step into this captivating 4447 square foot brick building offering two commercial spaces, two apartments, and an additional versatile space, all nestled in a high-exposure downtown area with excellent signage opportunities for any business. The property features ample off-street parking, including a 2-car garage and adjacent municipal parking, as well as a fenced-in patio area off the lovely 2-bedroom owner's quarters. With its current layout and expansive space, it's well-suited for a business with owner's quarters and additional rental income. Alternatively, the front office space and additional space could be converted into apartments, offering adaptable possibilities. The property currently includes central air in the front retail/office space, an owner-occupied 2-bedroom, 1st floor apartment, and a nail salon ($500 a month rent) in the 2nd commercial space. The 2nd floor apartment tenant is paying $800 a month for rent. The property offers a wide range of potential uses, such as developing a remarkable 4-unit property with a commercial rental. Alternatively, you could utilize the front office/retail space for your business, reside in the owner's quarters, continue renting out the 2nd apartment and nail salon, and make use of the additional space for storage, and to enhance your living quarters.

4991317

MLS ID

April 15, 2024

Listed

May 14, 2024

Updated

Map

5 Glen Avenue
Berlin NH, 03570

Interior Features

Bedrooms

3


Total Bathrooms

2


Floor Description

Carpet, Laminate, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Central AC


Heating

Yes


Heating Description

Baseboard, Forced Air, Hot Air, Hot Water, Oil

Exterior/Building Features

Lot Size

0.28 Acres


Exterior Features

Patio, Storage


Lot Features

Commercial Zoning, Near Shopping, Near ATV Trail


Roof

Rolled, Shingle - Asphalt


Sewer

Public

Other Property Details

Area Name

NH-Coos


Taxes

$4,982


Tax Frequency

Annually


Days on Market

25


Garage

Yes


Garage Spaces

2


Parking

Auto Open, Driveway, Garage, Off Street, On-Site, Paved, RV Access/Parking


View

No


Pool

No


Buyer Agency Compensation

3%

Listed by Matthew Martel with RE/MAX Northern Edge Realty LLC 603-752-0003

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