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Brie Stephens

[email protected] +1(603) 819-8071

Listed by Gerard Costantino • Costantino Real Estate LLC

$ 1,300,000

Est. payment -/mo

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527 Tamworth RD Tamworth, NH 03886

13 Beds

12 Baths

7,700 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,700 sqft

Price per Sqft $168

MLS Listing ID 5047200

Bedrooms 13

Full Baths 12

Construction Status Existing

Year Built 2003

Annual Tax Amount $14,270

Tax Year 2024

Lot Size 3.290 Acres

Acres 3.29

Property Description

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 $104,000. 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.

Location

State NH

County Nh-carroll

Area Nh-Carroll

Zoning TAMWOR

Body of Water River

Rooms

Basement Slab

Interior

Cooling None

Exterior

Garage Description Off Street

Utilities Available Cable - At Site

Water Access Desc Yes

Roof Type Metal

Building

Story 2

Foundation Slab - Concrete

Sewer Leach Field - On-Site, On-Site Septic Exists, Private, Septic, Septic Design Available

Architectural Style Apartment Building

Construction Status Existing

Schools

Elementary Schools Kenneth A. Brett School

Middle Schools A. Crosby Kennett Middle Sch

High Schools A. Crosby Kennett Sr. High

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Moultonborough, NH