288 MAIN Street, Alton, NH - 3Units - $495,000

288 MAIN Street, Alton, NH

   Photo 1 of 40   
Price: $495,000 Status: Active w/Contract
Taxes: $3,760 Lot Size 1.69

Comments:

CONTINUE TO SHOW FOR BACK UP OFFERS - Fully leased 3-unit multi-family just a short walk from Alton Bay (Lake Winnipesaukee) and approx 15 minutes from Gunstock Mountain! Long term tenants with excellent rental history! Current leases are in place and total $41,160 per year. Comprised of two 2-Bedroom units and one 1-Bedroom unit. Tenants pay their own electric bills (and hot water tanks are electric) and the landlord pays the heat (FHA via propane). The property is serviced by public water and septic is private via a 5.5 Bedroom septic system that was installed new in April of 2017. In addition to the income derived from the three apartments, this property also comes with a 3,000 square foot (50x30) commercial storage building that offers additional income in the form of boat storage fees averaging $2,100 per year. The lower level is unfinished garage space and the upper level of this building offers two separate unfinished spaces with approximately 750 square feet each. These spaces are not being utilized or rented. With two separate driveway cuts, electric and water service, along with an over-sized 1.69 acre lot, this building might offer some level of conversion potential. The sellers and their agent have no specific information on this potential and offer no guarantees so buyers should explore this on their own. Owner occupy or invest in NH's spectacular Lakes & Mountain region!

Listed by Jamieson Duston of Bean Group / Portsmouth.

Property Features

Property Information

MLS # 
4847092 
Number of Units 

Additional Features

Basement 
Yes 
Baths 
 
BedsTot 
 
Electric 
Circuit Breaker(s) 
Exterior 
Clapboard, Combination, T1-11, Vinyl Siding 
Exterior Features 
 
Finished Sq Ft 
2424 
Footprint 
 
Foundation 
Fieldstone, Granite 
Garage 
Yes 
Heat/Fuel 
Gas - LP/Bottle 
House Color 
Beige 
Road Frontage 
Yes 
Roads 
Public 
Roof 
Shingle - Architectural 
Sewer 
Septic 
Total Rooms 
 
Total Units 

Ask A Question

Mortgage Calculator

Downpayment

Mortgaged Amount:

Interest Rate:

Loan Length:

Monthly Payment:

(Principal + Interest)

Estimated Monthly Taxes:

* All numbers are estimates. Please consult your loan advisor

NEREN Logo

Copyright ©2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of NEREN. 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 who may be interested in purchasing. Data last updated 4/20/2021 3:05:51 AM