This unique mixed-use property is comprised of 8 units, with 7 residential multifamily apartments and one retail/commercial unit occupied by a successful Mexican restaurant. The restaurant has a long-term lease in place with options to extend. Tastefully renovated, the property is situated on arguably the best corner in downtown Greenfield. The landlord owns the restaurant equipment, which is included in the sale. The property features a full coin-operated laundry room for tenants, plenty of parking, additional storage space, and signage in front. It is a corner location with exceptional visibility from the lighted intersection. After a complete overhaul in 2011, the units have been well-maintained. The recent improvements include a new heating system, paint, electrical, and plumbing upgrades, as well as new plumbing fixtures. Additionally, there is a fourplex next door at 771 Forest Rd (MLS#4994335) that could be purchased together with this property, making it an excellent opportunity for a 1031 exchange.
Immerse yourself in the picturesque town of Greenfield, NH. Surrounding the property is a serene and welcoming community. Positioned within easy reach of Manchester and Nashua, the area strikes the ideal balance between peaceful rural living and urban accessibility - appealing to prospective multifamily, low-rise, or garden investors. Residents can enjoy outdoor pursuits at nearby Crotched Mountain Ski and Ride or explore the charming local shops and eateries that infuse the area with small-town charm. With its inviting atmosphere and proximity to essential amenities, the location holds significant appeal for investors seeking to capitalize on the potential of this tranquil and thriving neighborhood.