Known to be built in 1889 and once the Ripley family home, owners of The Troy Blanket Mill, who had the longest continuous family ownership of a textile manufacture company in NH. Many of the elegant features remain with the building now attractively serving as the dwelling for 5 families. The grand oak staircase and paneled walls, intricate filigree wood details, tile fireplaces, stain glass windows and hardwood floors are some of the features that standout among the rest. The 3rd story of the building is app. 1250 sq. feet and an open canvas with views over the landscape. All permits are in place for the construction of 2 additional 1-bedroom apartments. There is also a 2-Car garage that is currently used as storage by the owners, but could potentially be rented. The parking is paved and has space for 11 vehicles. The tenants enjoy the quick 10 minute drive into Keene, or the short walk to the Troy Common where there are many activities. This is an investors opportunity to complete the work that has been approved and become owners of a profitable 7 unit apartment house. Projected net annual income including 2 additional apartments and garage rental $65,069.

Listing courtesy of Ruth Blais Thompson of Blais & Associates, Realtors: ?



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, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data Last Updated: 2024-05-03 10:00 AM UTC