This is a very exciting, and potentially a very profitable offering, with an extremely low per-unit development cost. Currently this parcel consists of two existing duplexes built in 2015, as well as the potential to develop an "Open Space Conservation/Cluster Development" as allowed in the town of Middleton Zoning Regulations/Article 10. There is a lot line adjustment currently pending which will increase the size of Map 22/Lot 5 from 5.1 acres to approx. 9 acres; and a preliminary meeting with the Planning Board indicated the possibility of a minimum of 10 additional units seemed feasible depending on whether a common septic and a common well were installed vs. individual septic systems and wells. The maximum density shall be determined by State and Town site loading regulations for sewage disposal systems. There is no minimum parcel lot size except as required by the State to accommodate sewage disposal systems and lot sizes may vary based on soil capability to accommodate sewage systems as determined by State and Town Regs. The town may consider single family homes, duplexes, quadplexes, etc. All the units are fully rented and were constructed with high end finish: granite kitchens, tile baths, hardwood and tile flooring. Tenants pay their own utilities.
Listed by Bill Ryan of Keller Williams Lakes & Mountains Realty
Unique property recently used as a retreat/conference center. 36 bedrooms, town water and sewer on 18.6 acres. Zoning board variance or requested exception maybe required depending on the intended use of the property.
Grandfathered- Six Family with 5 car garage/detached - Solid income wit long term tenants - Strict 48-hour notice to show - Solid investment - Newer rubberroof - 11.64% Cap-rate - Perfect 1031 exchange. It is all about the neighborhood. Also see MLS 4629797
6 unit multifamily building in downtown Meredith. Good rental history of positive cash flow and solid tenant rental history. Mix of 1, 2 and 3 bedroom units. Building also has laundry room on site. Excellent investment property in high demand area. Financials will be given out with signed confidentiality statement.
Listed by Stephen Gorman of Peabody and Smith Realty
Laconia, NH 03246 - The location for a rental property can't be beat! The time to make an offer is NOW...There are two buildings, a total of six units, and it sits right across the street from Memorial Park with tennis courts and baseball fields. One of the buildings is a four-unit building, Colonial style, and the other is a two-unit building, Cottage style. The return for this property shows somewhere between a 6 and an 8 cap rate depending on if you continue the management company or not. The buildings and the grounds are in really great shape. The property is fully leased with good, quiet tenants. This is a really great investment today and will make for a better investment as time marches forward.
4 Unit Investment property in picturesque setting in beautiful Wolfeboro NH located a short walk to downtown for restaurants and shopping. 2+ acres of level land features stone walls, circular paved driveway, nice landscaping and lawns and many recent updates. Circa 1895 gambrel home features 3 finished levels, 1 unit in each level, charming wrap around porch, low maintenance vinyl siding and town water and sewer. Owner occupies the freestanding, well maintained converted barn which has private septic and well and retains a "life estate" in which she agrees to lease at $900/per month rent plus all utilities. Great investment opportunity in the heart of the Lakes Region. First time listed in over 50 years!
Listed by Lisa Williams of Wolfeboro Bay Real Estate, LLC
Waterfront 4 unit Multi family, fully occupied dwelling. Maintain as an investment property or owner occupy. Vintage wood trim and built ins throughout inner units. Off street parking and view of river with 89 ft of river frontage. Boat access to Lake Opechee. In less than 8 minutes you can walk to Opechee Park. Convenient to downtown amenities. Exit the front door and across the street you can hop on the WOW walking trail. Broker Interest.
Listed by Dina Condodemetraky of Dina S Condodemetraky, R.E. Broker
This 7 unit apartment building has ample parking and is conveniently located. An easy acquisition for good cash flow. Most of the apartments have been renovated and it is easy to lease. This building may be available as part of a larger portfolio for a package deal.
Listed by Steve Cotran of RE/MAX Area Real Estate Network LTD
Laconia - Four-family - in great neighborhood. Solid income from long term occupancy. Fully insulated, new roof in 2015. Near schools - shopping. Good solid investment, cap rate of 9.70%, 1031 exchange or live-in. Lots of parking. Also see MLS 4629772
Two Homes, One lot. Opportunity abounds with these two ranches on 7 acres in low tax Tuftonboro. Both homes currently rented and are in immaculate condition. Either live in one, rent out the other, rent both out and operate as a business, investment, etc...or a perfect situation for family who need to be close by. Very well constructed homes, a nice blend of tile and hardwood floors, gas fireplace, lots of light. The lower level in the bigger of the two homes is ready to be finished with plenty of windows. A very private setting with plenty of acreage and frontage to possibly subdivide. Come take a look...
Listed by Shawn Snyder of Maxfield Real Estate/Wolfeboro
Great possibilities just over the Meredith NH town line in Center Harbor NH for an investment in your future. Do you have a business that needs a new home? There is a show room with lots of glass could have many uses. Two service bays, carport, two offices, and a half bath all on ground level. There is a one bedroom apartment with open concept on the lower level and a second floor apartment that would be ideal for owner occupied quarters.Plenty of storage. This property is set to generate good income for the straight out investor too. Bring your ideas to the property and we can look around.
12% Cap Rate, for this Lakes Region rooming house. Mostly long-term tenants, many Vets. Lots of updates; easy to run. 4 baths, 2 kitchens. rents could be raised, as utilities are included and there's a low vacancy rate in town. long-time owner has it running smoothly, and in-house mgr could remain. Convenient walking distance to stores, Lake Winnipesaukee, downtown Lakeport. Near Irwin's Marine.
Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 21, 2019.
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