Multi-family homes in Alton

74 Lamper Road Alton NH 03809

Alton, NH74 Lamper Road

Price$549,900

Est. Mortgage: $/month

Active With Contract

MLS Number 4971681

  • Multifamily
  • Units 2
  • Bathroom 3
  • Acreage 3.67
  • Square Feet 3,215

Great owner occupied or investment property! Welcome to this unique home where options and opportunity awaits!. Utilize as a Spacious 3 bedroom 3 bath home or 2 bedroom 2 bath home with an 880 sq. Ft., first floor, 1 bedroom 1 bath IN-LAW APARTMENT WITH SEPARATE ENTRANCE and separate electric, cable and internet! Excellent source of a second income! This home has an approved 4 bedroom septic system...great for expansion! Situated on 3+ acres with 440' of frontage on the Merrymeeting River and at the end of a short private road! Kayak, canoe, fish or boat from your front yard! The home has had series of renovations to include new windows throughout, flooring, LED lighting, sheetrock, roof, siding etc. The in-law suite, 2nd floor and kitchen addition where all newly added in 2000! Efficient propane fired Monitor heater with a Pellet stove in the kitchen area as well as a wood stove in the front porch keeps this house cozy warm! The property also offers a covered patio, 5 outbuildings, dual fuel stove, 2 separate laundry hook ups and oversized walk in tile shower in the In-Law! This will make a nice primary home, weekend getaway or rental! Only .5 miles to the Alton Traffic Circle!! Alton Bay on Lake Winnipeasaukee is only a few minute drive! 30 Minutes to Gunstock and 40 mins to Portsmouth!

Listed by Jeffrey Hertel of Northern Exposure Real Estate,Inc.

$
$
%
$/month over payments
Federal 30-year interest rate: 6.9% last updated on Feb 22, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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288 Main Street Alton NH 03809

Alton, NH288 Main Street

Price$535,000

Est. Mortgage: $/month

Active With Contract

MLS Number 4971856

  • Multifamily
  • Units 3
  • Acreage 1.68
  • Square Feet 2,496
  • Utilities Other

(Agents, see non-public remarks) Wonderful 3-unit multifamily with excellent value-add potential, just a short walk to Lake Winnipesaukee and Alton Bay. This property is fully leased and has excellent rental history. The three units combined currently gross $56,400 annually. Rents in the 2BR, and 1BR + office units are below market. In addition to the three units, there is a large 30'x50' outbuilding on site that is currently vacant. The garage below is being rented out for storage at $350/month (also below market). There are three furnaces that could be zoned so that each unit is paying their own heat ($6k savings). With the property being zoned Residential Commercial (up to six units), buyers should look into the possibility of adding more units in the outbuilding space. It is perfectly set up to accommodate two 750 sqft, 1-2 BR units, or one large unit. According to the zoning ordinance for residential commercial, you're allowed a unit for every 15,000 sqft of land. With the lot being 73,180 sqft there should be enough acreage to expand, especially with the new 2000 + 500 gal septic system that was installed in 2017.

Listed by Sam Harding of Duston Leddy Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 6.9% last updated on Feb 22, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 February 26, 2024 10:23 AM EST