17 Old Fremont Rd, Raymond, NH, NH 03077

Property Description

11% GRM. Established cash flow - Two-family in residential area. Unit A is 2BR 2BA and includes finished lower level. Unit B is 2BR 1 BA. Untapped potential in 864 square foot garage with walk up attic (currently not rented). Owner's former unit A on the first floor has 7 rooms - quality remodeled kitchen and main bathroom, updated flooring, lighting and 2 rooms added in the basement. Second bathroom off one of the bedrooms. Second floor unit B in good condition with 5 rooms, fully remodeled bathroom with laundry hookups. Set on .71 acres, with driveway access from side street and very large parking lot. Town Water, Private Septic. Generator hookup for Unit A. New oil tank, pex piping, new electric panels 200 amp and 100 amp in the house, 200 amp in garage. Rented at $2,750 and $2,450 incl h/hw. $62,400 rental income and $18,562 expenses. Quick access to Route 101, downtown, Patuckaway State Park and local favorite Tuckaway Tavern.