$1,350,000 ($115.48 per sqft)

Est. Mortgage $6,475/mo *

Quick Pre-Approval

Listing courtesy of Robert Inman, RE/MAX Town & Country 603-357-4100


5 - 9 Merchant Street, Walpole, NH, 03609

5 - 9 Merchant Street, Walpole, NH, 03609

0 beds

1892

Apartment Building

11,690 sqft

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.


Status:

Active

Type:

Multi-family

Units:

14

Zoning:

residential

Frontage:

118

Garage:

1-car Garage

Heating:

Propane

Cooling:

None

Basement:

Dirt, Exterior Access

Acreage:

0.33

Est. Taxes:

$25,351

Lot Description:

Level

MLS #:

5069029


Community Info

School Info

Walk Score

Mass Transit

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