42 + 44 Gilford East Drive, Gilford, NH, 03249 | $1,300,000

Outstanding investment opportunity on just over 2 acres in a prime Gilford location! This well-maintained mixed-use property offers exceptional income potential with two spacious buildings, 7 total units, and multiple revenue streams. The property includes 3 residential rental units with 7 bedrooms and 6 baths and 4 office/business spaces, all with separate utilities, offering flexibility and ease of management. Additional highlights include a 2-car garage, drilled well, public sewer, and natural gas. Ample paved parking, landscaped and level lot with 396 feet of road frontage, and high-visibility signage add to the appeal. Situated near Laconia Municipal Airport, Lake Winnipesaukee, and Gunstock Mountain, this location benefits from strong traffic flow and proximity to major regional attractions and thriving local businesses. All units are currently rented, offering immediate income and stability. With its flexible layout, prime location, and mix of residential and commercial spaces, this property offers endless possibilities—whether you’re looking to diversify your portfolio, establish a business presence, or simply invest in one of Gilford’s most dynamic areas. A rare and versatile opportunity that’s ready to go from day one!

Features

  • Rooms: 20
  • Bedrooms: 7
  • Baths: 6 full
  • Style: Apartment Building,Freestanding,Multi-Family,Multi-Level
  • Year Built: 1982
  • Garage: 2-car Garage
  • Heating: Natural Gas,Baseboard,Electric,Hot Water,Multi Zone
  • Cooling: Wall AC Units
  • Basement: Daylight,Finished,Full
  • Approx Sq. Feet: 7,346
  • Acreage: 2.04
  • Est. Taxes: $9,368
  • Lot Desc: Major Road Frontage,Mountain View,Neighbor Business,Near Shopping
  • Elem. School: Gilford Elementary
  • Middle School: Gilford Middle
  • High School: Gilford High School
  • School District: Gilford Sch District SAU #73
  • MLS#: 5057812
  • Website: https://www.raveis.com
    /eprop/5057812/42_44gilfordeastdrive_gilford_nh?source=qrflyer
©2025 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/9/2025

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Charles.Sanders@raveis.com

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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Our Insurance Division:

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42 + 44 Gilford East Drive, Gilford, NH, 03249

$1,300,000

Charles Sanders

Licensed Real Estate Salesperson

William Raveis Real Estate

Phone: 631.702.3083

Charles.Sanders@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,040,000 $1,040,000 $1,040,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 6.000% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.294% 6.133% 6.058%
Monthly Tax Payment $781 $781 $781
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,743 $6,235 $8,706
Total Monthly Payment $6,649 $7,141 $9,612

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.