List Price: $465,000 | $167 per sq.ft. Multi Family
Price Change! Reduced by $13,900 down 3% on July 27th 2026
A 3 Unit Multi Family Home
With 1 One Bedroom Units , 2 - Two Bedroom Units ,0 - Three Bedroom Units
Listed Friday May 1, 2026 | MLS# 5086619
518 Province Road Gilmanton NH
Listed by Mary Duquette NH Brokerage LLC
PRICE REDUCED! Now $31,500 Below Assessed Value! Instant Equity from Day One. This turnkey commercial/multifamily property presents an outstanding investment opportunity with immediate income potential. With established leases already in place, you'll benefit from cash flow from day one while building long-term equity. Ideally located in the heart of Gilmanton, directly across from the town offices and local businesses, 518 Province Road offers outstanding visibility, convenience, and strong rental appeal. The property features three separately metered units, creating multiple income streams and added flexibility. The commercial unit is home to a charming country store and features beautiful wood floors, an oversized walk-in refrigerator, and a newly renovated bathroom. The second unit is a spacious two-bedroom, two-level apartment with two bathrooms, an additional bonus room, a private deck, and a beautifully landscaped backyard retreat. This unit is occupied by long-term tenants. The third unit is a one-bedroom, open-concept apartment with a ¾ bath and a private deck and is currently owner-occupied. Both residential units include their own private laundry. Extensive updates have already been completed, including a new roof, updated plumbing, electrical, drywall, and insulation in the commercial space and second-floor apartment. Additional improvements include a new water pump, pressure tank, and hot water heater, along with a newer water filtration system installed in 2024, providing peace of mind and reducing future maintenance costs. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this well-maintained mixed-use property offers strong cash flow, significant recent capital improvements, and excellent long-term investment potential. Proof of funds or lender pre-approval is required prior to scheduling a showing.
Annual Expenses

Taxes: $7,562
Income

UNIT 1

Beds: 2
Baths: 2
Rooms: 6
Info : Deck,Dishwasher,Dryer,Electric Range,Refrigerator,Smoke Detector
Tenant Pays : Electric,Heat
Rent : 1800.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 2

Beds: 1
Baths: 1
Rooms: 4
Level: 2nd Floor
Info : Deck,Dryer,Mudroom,Electric Range,Refrigerator,Wood Stove,Washer
Signed Lease : No
Construction: Asbestos Exterior | Clapboard Exterior | Combination Exterior
Year Built: 1930
Style: Apartment Building | Gambrel | Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 3703
Above Grade Sq.Ft.: 2784
Below Grade Sq.Ft.: 768
Basement: Bulkhead | Partially Finished | Interior Stairs | Interior Access
Roof: Architectural Shingle
Seasonal: No
Heating: Oil | Pellet Stove | Electric
Cooling: Wall AC Units
Electric: 200+ Amp Service | Circuit Breaker(s)
Utilities: Cable Available | Telephone Available
Electric Meters:
Water: Drilled Well | Private
Sewer: 1500+ Gallon | Concrete | Leach Field | Private | Septic
Land Information
Corner | Landscaped | In Town | Near Snowmobile Trails
Lot size: 0.44 acres
Zoned: Commercial/Residential)
Surveyed: Unk
Flood Zone: No
Road Frontage: 271
Driveway: Paved


Block - 000
Taxes $7,562
Assesed Value Not Reported
Schools
School District: Gilmanton Sch Dsct SAU #79
Elementary School: Gilford Elementary
Middle School: Gilmanton School
High School: Gilford High School

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