List Price: $1,200,000 | $256 per sq.ft. Multi Family A 6 Unit Multi Family Home
With 0 One Bedroom Units , 6 - Two Bedroom Units ,0 - Three Bedroom Units on Mad River with 242 ft. of Water Frontage Listed Sunday Jul 7, 2024 | MLS# 5003799
With 0 One Bedroom Units , 6 - Two Bedroom Units ,0 - Three Bedroom Units on Mad River with 242 ft. of Water Frontage Listed Sunday Jul 7, 2024 | MLS# 5003799
Back Yard
Unit #6, enrtry porch
Unit #6, upper floor
Unit #6, BR 1
Unit #6, BR 2
Unit #6, back porch
Unit #2, entry porch
Unit #2, BR 1
Unit #2, BR 2
Unit #2, back porch
Unit #4, entry porch
Unit #4, BR 1
Unit #4, BR 2
Unit #4, back porch
Coin-op Laundry in basement
Gym in basement
Basement access exterior stairway
Basement access doors
Excellent investment opportunity at the gateway of the White Mountains. Easterly views, frontage on the Mad River, only 10 minutes to Waterville Valley and 5 minutes to Welch-Dickey trailhead and the WMNF Eddy! Substantial upgrades done in the past 5-6 years including full renovations of 5 of 6 units, all appliances replaced, all 3 boilers replaced, parking lot repaved, new commercial coin-op laundry in basement (for additional monthly income), new well pump. Full occupancy with several having long rental history. 4 units with signed leases slated for a rate increase to $1,500 in Sept/October. Assisted showings required. Minimum 48hrs notice, please. Drive-bys are ok, but please don't pull in/park in parking area unless arriving for scheduled showing.
Sale Includes : Additional Buildings | Equipment | Land/Building
Operating Expenses : Heat,Insurance,Other,Sewer,Snow Removal,Trash,Utilities,Water,Water/Sewer
Sale Includes : Additional Buildings | Equipment | Land/Building
Operating Expenses : Heat,Insurance,Other,Sewer,Snow Removal,Trash,Utilities,Water,Water/Sewer
Annual Expenses
Taxes: $8,484
Taxes: $8,484
Income
Gross Income | $102,000
Gross Income | $102,000
Appliances : Water Heater – Off Boiler
UNIT 1
Beds: 2
Baths: 1
Rooms: 5
Sq.Ft.: 780
Level: 1
Info : Appliances Included,CO Detector,Deck,Dishwasher,Heat Included,Hot Water,Microwave,Porch,Range - Electric,Refrigerator,Smoke Detector
Tenant Pays : Cooling,Electric,Insurance,Internet Service,TV Service
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 2
Beds: 2
Baths: 1
Rooms: 5
Sq.Ft.: 780
Level: 1
Style : Single level flat
Info : Appliances Included,CO Detector,Deck,Dishwasher,Heat Included,Hot Water,Microwave,Porch,Range - Electric,Refrigerator,Smoke Detector
Tenant Pays : Cooling,Electric,Insurance,Internet Service,TV Service
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 3
Beds: 2
Baths: 1
Rooms: 5
Sq.Ft.: 780
Level: 1
Style : Single level flat
Info : Appliances Included,CO Detector,Deck,Dishwasher,Heat Included,Hot Water,Microwave,Porch,Range - Electric,Refrigerator,Smoke Detector
Tenant Pays : Cooling,Electric,Insurance,Internet Service,TV Service
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 4
Beds: 2
Baths: 1
Rooms: 5
Sq.Ft.: 780
Level: 2
Style : Single level flat
Info : Appliances Included,CO Detector,Deck,Dishwasher,Heat Included,Hot Water,Microwave,Porch,Range - Electric,Refrigerator,Smoke Detector
Tenant Pays : Cooling,Electric,Insurance,Internet Service,TV Service
Lease Term : Annual
Status : Leased
UNIT 5
Beds: 2
Baths: 1
Rooms: 5
Sq.Ft.: 780
Level: 2
Style : Single level flat
Info : Appliances Included,CO Detector,Deck,Dishwasher,Heat Included,Hot Water,Microwave,Porch,Range - Electric,Refrigerator,Smoke Detector
Tenant Pays : Cooling,Electric,Insurance,Internet Service,TV Service
Lease Term : Annual
Signed Lease : Yes
UNIT 6
Beds: 2
Baths: 1
Rooms: 5
Sq.Ft.: 780
Level: 2
Style : Single level flat
Info : Appliances Included,CO Detector,Deck,Dishwasher,Heat Included,Hot Water,Microwave,Porch,Range - Electric,Refrigerator,Smoke Detector
Tenant Pays : Cooling,Electric,Insurance,Internet Service,Trash,TV Service
Lease Term : Annual
Signed Lease : Yes
Status : Leased
Construction: Wood Frame | Clapboard Exterior | Wood Siding
Year Built: 1990
Style: Multi-Family | Multi-Level
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 7020
Above Grade Sq.Ft.: 4680
Basement: Concrete | Concrete Floor | Full | Stairs - Exterior | Storage - Locked | Storage Space | Unfinished | Walkout | Exterior Access
Foundation: Concrete | Slab w/ Frost Wall
Year Built: 1990
Style: Multi-Family | Multi-Level
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 7020
Above Grade Sq.Ft.: 4680
Basement: Concrete | Concrete Floor | Full | Stairs - Exterior | Storage - Locked | Storage Space | Unfinished | Walkout | Exterior Access
Foundation: Concrete | Slab w/ Frost Wall
Exterior Features:
Porch - Covered | Storage
Exterior Color: Brown
Roof: Shingle - Asphalt
Garage And Parking: Parking Spaces 11 - 20 | Paved | Unassigned
Seasonal: No
Porch - Covered | Storage
Exterior Color: Brown
Roof: Shingle - Asphalt
Garage And Parking: Parking Spaces 11 - 20 | Paved | Unassigned
Seasonal: No
Heating: Oil | Baseboard | Hot Water | Multi Zone
Cooling: None
Electric: Circuit Breaker(s)
Trash: Municipal
Utilities: Cable - Available | Telephone Available
Electric Meters: 6
Gas_Meters: 0
Water: Community | Deeded | Drilled Well | Public Water - On-Site | Shared
Sewer: 1500+ Gallon | Private
Cooling: None
Electric: Circuit Breaker(s)
Trash: Municipal
Utilities: Cable - Available | Telephone Available
Electric Meters: 6
Gas_Meters: 0
Water: Community | Deeded | Drilled Well | Public Water - On-Site | Shared
Sewer: 1500+ Gallon | Private
Land Information
Hilly | Mountain View | River | River Frontage | Trail/Near Trail | View
Lot size: 6 acres
Zoned: GENERA)
Surveyed: Yes
SurveyedBy: Roy A Saybourn
Flood Zone: No
Roads: Gravel | Paved | Public
Road Frontage: 583
Driveway: Paved
Hilly | Mountain View | River | River Frontage | Trail/Near Trail | View
Lot size: 6 acres
Zoned: GENERA)
Surveyed: Yes
SurveyedBy: Roy A Saybourn
Flood Zone: No
Roads: Gravel | Paved | Public
Road Frontage: 583
Driveway: Paved
Docs Available : Deed | Lease Agreements | Property Disclosure | Survey | Tax Map
Easement - Unknown
Block - 27
Taxes $8,484
Assesed Value Not Reported
Schools
School District: SAU 2 and 48
Elementary School: Thornton Central School
Middle School: Thornton Central School
High School: Plymouth Regional High School
School District: SAU 2 and 48
Elementary School: Thornton Central School
Middle School: Thornton Central School
High School: Plymouth Regional High School
PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion
of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the
nature of the relationships brokers have or may have with customers and clients. Each state requires that a disclosure form be presented to
consumers for their review and acknowledgment at the appropriate time. These forms can be accessed here:
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM