Bought with Samuel G Proctor, Jr • Proctor & Greene Real Estate
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371 Elm Street Milford, NH 03055
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Key Details
Sold Price $215,000
Property Type Commercial
Sub Type Hospitality,Investment
Listing Status Sold
Purchase Type For Sale
Square Footage 3,176 sqft
Price per Sqft $67
MLS Listing ID 4393420
Year Built 1930
Annual Tax Amount $11,239
Tax Year 2014
Lot Size 0.760 Acres
Property Description
A great opportunity for an owner-operator or investor. Established 12 room motel "The Milford Motel," established and operated continuously for over 50 years. Detached Owner/Manager's living quarters in need of renovation due to recent garage fire, but with some work, offers separate owner or manager's quarters while managing abutting but separate motel. Facility could use some up grading, but currently has a steady clientele and is mostly full at all times. At this price, a buyer could live and work in the same location and derive a very handsome income for his/her efforts. Absentee owner is highly motivated!!!!
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning Commercial
Interior
Heating Electric, Gas - Natural, Oil
Flooring Carpet, Other, Vinyl, Wood
Exterior
Exterior Feature Vinyl Siding
Parking Features On-Site, Parking Spaces 11 - 20, Paved
Garage Description On-Site, Parking Spaces 11 - 20, Paved
Roof Type Shingle - Asphalt
Building
Foundation Other, Poured Concrete
Sewer Public
Water Public
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