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!
Construction: Wood Frame | Clapboard Exterior
Year Built: 1916
Style: Apartment Building | Multi-Family | Multi-Level | New Englander | Top Floor | Tri-Level
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 1848
Above Grade Sq.Ft.: 1848
Basement: Dirt | Stairs - Interior | Unfinished | Interior Access
Foundation: Brick
Exterior Color: beige
Roof: Shingle - Asphalt
Seasonal: No
Heating: Electric | Hot Water | Multi Zone
Cooling: None | Other
Electric: 3 Phase
Utilities: Other
Electric Meters:
Water: Public
Sewer: Public
Land Information
Mountain View | River Frontage | Sidewalks | Ski Area | Stream | Trail/Near Trail | View | Walking Trails | Water View | In Town | Mountain | Near Paths | Near Shopping | Near Skiing | Near Snowmobile Trails
Lot size: 0.48 acres
Zoned: residential)
Surveyed: Unk
Flood Zone: No
Road Frontage: 24
Driveway: Paved