Excellent 14-Unit Investment Opportunity - North Walpole, NH Discover a solid, income-producing property that checks all the boxes for both stability and future upside! These two side-by-side apartment buildings offer a total of 13 well-maintained units and a 14th unit to be finished. The owners have already completed updates in nearly every apartment, featuring modern kitchens, fresh paint, new flooring, and other thoughtful improvements--only one unit remains ready for your finishing touch. With long-term attentive tenants, these buildings run smoothly and enjoy an excellent reputation in the neighborhood. Additional highlights include a one-car garage that can generate extra income and a huge unfinished area spanning two upper floors--perfect for adding a spacious new apartment or two smaller units. Current rents include some utilities, but with the individual meters that are already installed, there's potential to transition to tenant-paid utilities and further increase your net operating income. This is a turnkey investment with strong performance, proven stability, and clear pathways for growth.
Construction: Wood Frame
Year Built: 1892
Style: Apartment Building
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 14862
Above Grade Sq.Ft.: 11690
Basement: Dirt | Exterior Access
Roof: Metal | Asphalt Shingle
Seasonal: No
Heating: Propane
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable at Site
Electric Meters:
Gas_Meters: 14
Water: Public
Sewer: Public
Land Information
Level
Lot size: 0.33 acres
Zoned: residential)
Surveyed: Unk
Flood Zone: No
Road Frontage: 118
Driveway: Gravel