626 Upper Mad River RD Active

Thornton,NH 03285

$ 1200000

12 Beds

6 Baths

4680 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,680 sqft

Price per Sqft $256

MLS Listing ID 5003799

Bedrooms 12

Full Baths 6

Construction Status Existing

HOA Fees $83/ann

Year Built 1990

Annual Tax Amount $8,484

Tax Year 2023

Lot Size 6.000 Acres

Acres 6.0

Property Description

Excellent investment opportunity at the gateway of the White Mountains. Easterly views, frontage on the Mad River, only 10 minutes to Waterville Valley and 5 minutes to Welch-Dickey trailhead and the WMNF Eddy! Substantial upgrades done in the past 5-6 years including full renovations of 5 of 6 units, all appliances replaced, all 3 boilers replaced, parking lot repaved, new commercial coin-op laundry in basement (for additional monthly income), new well pump. Full occupancy with several having long rental history. 4 units with signed leases slated for a rate increase to $1,500 in Sept/October. Assisted showings required. Minimum 48hrs notice, please. Drive-bys are ok, but please don't pull in/park in parking area unless arriving for scheduled showing.

Location

State NH

County Nh-grafton

Area Nh-Grafton

Zoning GENERA

Body of Water River

Rooms

Basement Entrance Walkout

Basement Concrete,Concrete Floor,Full,Stairs - Exterior,Storage - Locked,Storage Space,Unfinished,Walkout,Exterior Access

Interior

Heating Oil

Cooling None

Flooring Carpet,Laminate,Tile

Inclusions Additional Buildings,Equipment,Land/Building

Exterior

Garage Description Parking Spaces 11 - 20,Paved,Unassigned

Utilities Available Cable - Available,Telephone Available

Waterfront Yes

Waterfront Description No

View Y/N No

Water Access Desc Yes

View No

Roof Type Shingle - Asphalt

Building

Story 2

Foundation Concrete,Slab w/ Frost Wall

Sewer 1500+ Gallon,Private

Construction Status Existing

Schools

Elementary Schools Thornton Central School

Middle Schools Thornton Central School

High Schools Plymouth Regional High School

School District Sau 2 And 48

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