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Opportunity knocks in the heart of Alton! This versatile 13-room property offers exceptional potential for investors, business owners, or owner-occupants seeking income-producing possibilities. Currently utilized as a multi-family residence, the property is approved for up to four units, including two residential units and two commercial office spaces. Prominently situated on Main Street with outstanding visibility and signage exposure, this location is ideal for professional offices, retail services, or a live-work setup. The flexible floor plan offers endless possibilities and could continue as a multi-unit property, be reimagined as a spacious single-family home, or potentially accommodate a single-family residence with an in-law apartment. Live in one unit while generating rental income from the others, operate your business on-site while maximizing cash flow, or customize the layout to suit your unique needs and vision. Conveniently located in downtown Alton, you'll enjoy a walkable lifestyle with easy access to schools, local businesses, restaurants, and Lake Winnipesaukee. Whether you're looking to expand your investment portfolio, establish a business presence, or create a one-of-a-kind residence, this property offers flexibility, visibility, and outstanding potential in a prime in-town location.
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 6/27/2026Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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$624,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $499,920 | $499,920 | $499,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.866% |
| Monthly Tax Payment | $244 | $244 | $244 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,994 | $3,119 | $4,118 |
| Total Monthly Payment | $3,330 | $3,455 | $4,454 |
* 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.