List Price: $1,550,000 | $216 per sq.ft. Multi Family A 17 Unit Multi Family Home
With 16 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Listed Monday Apr 28, 2025 | MLS# 5038254
626 West Main Street Hillsborough NH
Listed by Nick Turmel Tri-State Realty, LLC
4/28/2025 NEW LISTING. $$$ CASH COW GREAT INVESTMENT! 20%+ CAP RATE Potential. 17 Units Total: 13 Unit Motel, 2 BR Owners Qtrs, Office/common space units, 2 Studio Apts above Garage. 8.82 TOTAL ACRES includes 128 Dam Road Land Parcel. High demand for weekly extended stay occupants due to housing shortage, & lack of other area motel/hotels. Franklin Pierce Lake Views if you clear trees. High traffic count & visibility located at corner of intersection NH Routes 202/9, Route 31, Routes have names of Franklin Pierce Hwy, West Main Street, 2nd NH Turnpike. Property has 2 Curb Cuts at intersection! 2 Parcels Total 8.82 Acres (626 West Main St, & pics don't show lot lines for 128 Dam Rd. Land Parcel). Commercial Zoning on these state highways allows for many options for retail, residential & lots of other uses. Check with Town Zoning. Property is 30 miles to Keene & to Concord. Route 202 connects Keene to Seacoast running through Hillsborough & Concord. Over 11,000+ vehicles daily. Details provided are to the best of Seller's knowledge. Buyers responsible for their own due diligence for any research, inspections, measurements, town or other info verification, etc. Seller & their Agent make No guarantees or warranties. Property SOLD-AS-IS. MLS, NECPE, & on-line marketing subject to updated changes. Financial info available upon request. CASH ONLY or Cash-like Hard Money Loan. PROOF OF CASH or Hard-Money PRE-APPROVAL required to schedule showing. ***NO OWNER-FINANCING.***
Annual Expenses

Taxes: $13,184
Income
Construction: Wood Frame
Year Built: 1830
Style: Apartment Building | Freestanding | Hotel | Multi-Family | Other
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 9726
Above Grade Sq.Ft.: 7186
Basement: Crawl Space | None | Slab
Foundation: Slab - Concrete
Exterior Color: White
Roof: Shingle - Asphalt
Garage And Parking: Parking Spaces 21+ | Paved
Seasonal: No
Heating: Propane | Electric
Cooling: Other
Electric: Circuit Breaker(s)
Utilities: Cable | Cable - At Site | Cable - Available | Multi Phone Lines
Electric Meters:
Water: Drilled Well | Private
Sewer: Private | Septic
Land Information
Corner | Country Setting | Curbing | Level | Major Road Frontage | Mountain View | Neighbor Business | Open | Trail/Near Trail | View | Walking Trails | Wooded | Near Country Club | Near Golf Course | Near Paths | Near Shopping | Near Skiing | Near Snowmobile Trails | Near Hospital | Near ATV Trail
Lot size: 8.82 acres
Zoned: COMM-N)
Surveyed: Unk
Flood Zone: No
Road Frontage: 1011
Driveway: Paved


Docs Available : Aerials | Deed | Other | Plot Plan | Property Disclosure | Tax Map
Block - 0
Taxes $13,184
Assesed Value Not Reported
Schools
School District: Hillsboro/Deering SAU #34
Elementary School: Hillsboro-Deering Elementary
Middle School: Hillsboro-Deering Middle
High School: Hillsboro-Deering High School

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