Listing Provided Courtesy Of: Old Mill Properties REALTORS - Lorna Platts
Last Updated: 2/24/2017 7:21 PM
Description for 150 Lake Street Bristol, NH 03222
GREAT OPPORTUNITY to own a 7,600 square foot multi-tenant investment property along the gateway to Newfound Lake. Another option: run your business out of one commercial unit, rent the remaining commercial space or convert to another residential unit and let the 3 existing apartments off set carrying costs. Site plan approved for 5 units. Lot is over 3/4 acre of level land with 23 approved parking spaces. More parking could be added in the back of the property. Excellent exposure & visibility with traffic count of 6,700. Two residential units have separate utilities and have been recently updated. Third residential unit is a new studio on the first floor. Property also has a two story 28X32 garage. 8.3% CAP RATE with proforma income.
Public Water Service
Propane, Cable TV, DSL Available
Gas Heat, Forced Air
Exterior / Lot Features
Garage, On Site
Out Building, Central Business District, State Road, Paved Road
Current market conditions for 150 Lake Street
Active Market Trends
Median list price$166,200
Days on market265
Properties for sale26
Sold Market Trends
Median sold price$157,450
Sales to list price9,390.0%
Median sq ft price$79
Arrows indicate 90 day trend
Listing Price History for 150 Lake Street
Bristol Real Estate
Bristol is located in New Hampshire. Bristol, New Hampshire 03222 has a population of 1,823.
The median household income in Bristol, New Hampshire 03222 is $34,375. The median household income for the surrounding county is $53,386 compared to the national median of $53,046. The median age of people living in Bristol 03222 is 42 years.
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