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Listed by Sarah A Umberger • Coldwell Banker Realty Center Harbor NH • Off: 603-253-4345
$525,000
Est. payment /mo
1,848 SqFt
UPDATED:
12/05/2024 01:46 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,848 sqft
Price per Sqft $284
MLS Listing ID 4994315
Construction Status Existing
Year Built 1916
Annual Tax Amount $3,150
Tax Year 2023
Lot Size 0.480 Acres
Acres 0.48
Property Description
Price improvement with an updated Rider and Rents! Unit 1: $1300/month, Unit 2: $1100/month Unit 3: $900/month, all units are month to month with security deposits to be transferred at closing. Current CAP rate over 5% with significant potential for a better return on this investment. This property is located in a highly coveted area in the White Mountains with a luscious and level 1/2 acre lot along fresh water on the Lost River. Let your creative juices flow in this no zoning town ripe with year round tourism as well as a need for local housing. Maybe it's a ski house for a team or multiple families? Maybe a vacation rental x3? The choice is yours! All 3 units have a full kitchens, appliances and bathrooms, living rooms and bedroom spaces spacious enough for a pull out and Queen bed. Some upgrades cosmetically and hard wired smoke detectors. Paved driveway and easy to landscape. Significant value in the land along a fresh source of water and walking distance to downtown and local businesses. About 3 miles to Loon Mountain Resort and 12 miles to Cannon Mountain. Motivated Seller!
Location
State NH
County Nh-grafton
Area Nh-Grafton
Zoning residential
Body of Water River
Rooms
Basement Entrance Interior
Basement Dirt, Stairs - Interior, Unfinished, Interior Access
Interior
Cooling None, Other
Exterior
Utilities Available Other
Waterfront Description Yes
View Y/N Yes
Water Access Desc Yes
View Yes
Roof Type Shingle - Asphalt
Building
Story 3
Foundation Brick
Sewer Public
Construction Status Existing
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