288 Main StreetAlton, NH 03809MLS Number 4847092

  • Sale Price: $460,000
  • 3 Days Since Sale
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Federal 30-year interest rate: 2.94% last updated on May 13, 2021
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288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809288 Main Street Alton NH 03809
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  • 3Bathrooms
  • 2,424Square Feet
  • 1.69Acreage
  • 1870Year Built
CONTINUE TO SHOW FOR BACK UP OFFERS - Fully leased 3-unit multi-family just a short walk from Alton Bay (Lake Winnipesaukee) and approx 15 minutes from Gunstock Mountain! Long term tenants with excellent rental history! Current leases are in place and total $41,160 per year. Comprised of two 2-Bedroom units and one 1-Bedroom unit. Tenants pay their own electric bills (and hot water tanks are electric) and the landlord pays the heat (FHA via propane). The property is serviced by public water and septic is private via a 5.5 Bedroom septic system that was installed new in April of 2017. In addition to the income derived from the three apartments, this property also comes with a 3,000 square foot (50x30) commercial storage building that offers additional income in the form of boat storage fees averaging $2,100 per year. The lower level is unfinished garage space and the upper level of this building offers two separate unfinished spaces with approximately 750 square feet each. These spaces are not being utilized or rented. With two separate driveway cuts, electric and water service, along with an over-sized 1.69 acre lot, this building might offer some level of conversion potential. The sellers and their agent have no specific information on this potential and offer no guarantees so buyers should explore this on their own. Owner occupy or invest in NH's spectacular Lakes & Mountain region!
Listed by Jamieson Duston of Bean Group / Portsmouth

Listing Sold by Brick & Barn Real Estate Group/Seacoast

Driving Directions

Big Lake Realty
Big Lake Realty
36 Country Club Road
Suite 926
Gilford, NH 03249

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More Info

Basic Information

  • StatusSLD
  • Property TypeMulti-Family
  • List Price$495,000
  • MLS Number4847092
  • MLS StatusClosed
  • Sale Date05/12/2021

Exterior

  • ExteriorClapboard, Combination, T1-11, Vinyl Siding
  • RoofShingle - Architectural
  • Exterior ColorBeige

Utilities

  • Heat FuelGas - LP/Bottle
  • Heat SystemForced Air
  • UtilitiesOther
  • WaterPublic
  • Water HeaterElectric, Tank
  • ElectricCircuit Breaker(s)
  • SewerSeptic

Location

  • TownAlton
  • StateNH
  • Zip03809
  • CountyBelknap
  • ZoningRC
  • Flood Zone Y/NNo

Property

  • Acreage1.69
  • GarageLeased
  • Parking Spaces4
  • Lot28
  • Square Feet2,424
  • APX Fin AG Sqft2,424
  • Road Frontage190
  • RoadsPublic
  • Lot DescriptionRental Complex, Sloping

Other

  • Taxes$3,760
  • Seasonal Y/NNo
  • Unit 1 Deposit$1,200
  • Unit 2 Rent Amount$1,100
  • Unit 3 Rent Amount$1,130
  • View Count12

Building

  • Year Built1870
  • Building ConstructionWood Frame
  • StyleApartment Building, Cape, Conversion, Multi-Family
  • Units3
  • Unit 1 Bath2
  • Unit 1 Bedrooms2
  • Unit 1 Floor Location1
  • Unit 1 Total Rooms5
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 2 Floor Location1
  • Unit 2 Total Rooms4
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 3 Floor Location2
  • Unit 3 Total Rooms3
  • # of 1 Bedrooms1
  • # of 2 Bedrooms2
  • Bathroom3
  • Total Baths3
  • BasementApartments, Stairs - Interior, Unfinished
  • FoundationFieldstone, Granite
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Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 May 15, 2021.

 

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