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Listed by Anthony Dolan • Dolan Real Estate • Cell: 603-359-9881
$ 950,000
Est. payment | /mo
8 Beds
5 Baths
3,826 SqFt
$ 950,000
Est. payment | /mo
8 Beds
5 Baths
3,826 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,826 sqft
Price per Sqft $248
MLS Listing ID 5115746
Bedrooms 8
Full Baths 5
Construction Status Existing
Year Built 1900
Annual Tax Amount $5,370
Tax Year 2024
Lot Size 1.400 Acres
Acres 1.4
Property Description
An exceptional opportunity to acquire an established five-unit multifamily investment in desirable New London, New Hampshire. Situated on approximately 1.4 acres along a quiet dead-end road, this property combines the appeal of a peaceful residential setting with convenient access to Pleasant Lake, downtown New London, Interstate 89, and the Upper Valley. With a history of full occupancy and low tenant turnover, the property offers an established rental income stream and attractive potential for future growth. The five residential units include two one-bedroom apartments and three two-bedroom apartments, providing a desirable mix of rental accommodations. Current rents offer an opportunity for increased revenue over time, further strengthening the property's long-term investment potential. Residents enjoy proximity to local shopping, dining, recreation, and the amenities of the Lake Sunapee Region, along with convenient commuting access to employment centers throughout the Upper Valley. Whether expanding an existing real estate portfolio or establishing a cornerstone investment, 112 Hillcrest Road presents a compelling combination of location, income stability, and future upside in one of New Hampshire's desirable communities.
Location
State NH
County Nh-merrimack
Area Nh-Merrimack
Zoning R1 W/O
Rooms
Basement Crawl Space
Interior
Cooling None
Exterior
Utilities Available Cable
Roof Type Asphalt Shingle
Building
Story 3
Sewer Private, Septic
Architectural Style Multi-Family
Construction Status Existing
Schools
Elementary Schools Kearsarge Elem New London
Middle Schools Kearsarge Regional Middle Sch
High Schools Kearsarge Regional Hs
School District Kearsarge Sch Dst Sau #65
