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 not available
Listing
Street
Satellite
Exterior Features
Style Apartment Building, Multi-Family, Multi-Level, New Englander, Top Floor, Tr
Construction Wood Frame, Clapboard Exterior
Siding Wood Frame, Clapboard Exterior
Roof Shingle - Asphalt
Garage No
Garage Description No
Water Public
Sewer Public
Lot Description Level, Mountain View, River, River Frontage, Sidewalks, Ski Area, Stream, Trail/Near Trail, View, Walking Trails, Water View
Interior Features
Heating Electric, Hot Water, Multi Zone
Cooling None, Other
Basement Yes
Fireplaces Description N/A
Year Built 1916
Stories 3
Financial Information
Listing Information
Properties displayed may be listed or sold by various participants in the MLS.