Listing courtesy of Gerard Costantino, Costantino Real Estate LLC 603-539-3200
527 Tamworth Road, Tamworth, NH, 03886
31 rooms
13 beds
6 Full baths
2003
Apartment Building
7,700 sqft
Prime Investment Opportunity!! Don’t miss this well-maintained and professionally managed 6-unit apartment complex set on over 3 acres with more than 500 feet of frontage along the Swift River. The property includes five 2-bedroom, 2-bath townhouse-style units, each approximately 1,200 square feet, and one spacious 3-bedroom, 2-bath unit with about 1,700 square feet. Two units have patios, the rest have decks. All units are in great condition and produce strong cash flow. Recent improvements include a new septic system for one building and a newer drilled well, tree removal, driveway regrading and other items. Radiant heat on the 1st level and baseboard hot water on the 2nd level in all units by propane. Gross annual income is approximately $121000. Tenants pay their own utilities and can enjoy the common area at the river. Conveniently located just off Route 113 and close to town, this property combines a strong return with long-term potential.
Status:
Active
Type:
Multi-family
Units:
6
Zoning:
TAMWOR
Heating:
Baseboard, Hot Water, Radiant
Cooling:
None
Basement:
Slab
Parking:
Off Street
Acreage:
3.29
Est. Taxes:
$14,270
Assessment
$988,900
Lot Description:
Country Setting,River,River Frontage,Secluded,Waterfront,Wooded,Rural
Waterfront:
Yes
Elementary School:
Kenneth A. Brett School
Middle School:
A. Crosby Kennett Middle Sch
High School:
A. Crosby Kennett Sr. High
MLS #:
5047200