A fantastic opportunity to invest in the Lakes Region!

Multi-Family for Sale
Catylist Listing ID: 30749834
Property Subtypes: Mixed Use, Other
Number of Units: 4 Units
Building Size (RSF): 3,794 SF
Gross Land Area: 4.30 Acres
Sale Price: $596,000
Unit Price: $149,000 Per Unit
Property Use Type: Investment, Business
Usable Size (USF): 3,794 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2021

Overview / Comments

Gilford, NH 03249 - This is a fantastic opportunity to invest in the Lakes Region! This roomy updated 1700s Colonial currently houses 4 residential units and an in-home business which the owners have successfully run for many years. The location is ideal with 4.3 level acres across from Beans and Greens - a popular farm stand. The house includes almost 4,000 square feet of space with a 700+- square foot heated garage. It's minutes from Lake Winnipesaukee, Bank of NH Pavilion, Weirs Beach, Gunstock Recreation Area and offers so many investment options. The residence has a total of 8 bedrooms and 5 baths which can easily be configured to accommodate different living arrangements. The main level as a large living unit with 3 bedrooms, 2 baths, and a private deck. The second level has a 3 bedroom apartment which could easily be added to the main unit. There are 2 additional 1 bedroom, first floor units in an attached ell. The 3-car garage accommodates the owners in-home business. Zoning will allow for numerous commercial and residential uses including a bed & breakfast, Air B&B, agricultural uses, storage, home occupation and more. Additional features include solar panels for reduced energy costs, beamed ceilings, fully applianced rental units, gorgeous landscaping, 2+ acres of fields and unsurpassed exposure and road access for your in-home business.

Additional Details

Nearest MSA: Laconia
County: Belknap
Zoning: LR
Exterior Description: Vinyl siding, solar panels
Parking Type: Surface
Parking Description: Gravel lot
Total Parking Spaces: 20
Heat Type: Oil
Heat Source: Baseboard
Fuel: Oil
Air Conditioning: Other
Internet Access: Cable
Zoning Description: Limited Residential will allow for various options including some commercial uses. See attached.
Lot Frontage: 468
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 8,500 20,430
Median Age: 47.65 44.26
Households: 3,713 8,858
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