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Price Change! reduced by $50,000 down 10% on December 5th 2024
$525,000 | $284 per sq.ft.
A 3  Unit Multi Family Home, in Woodstock NH With 3 - One Bedroom Units
on Lost River MLS# 4994315




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Listed by Sarah Umberger Coldwell Banker Realty Center Harbor NH Off: 603-253-4345 on May 7th 2024
25 Main Street Woodstock NH 03262


DESCRIPTION


Price improvement with an updated Rider and Rents! Unit 1: $1300/month, Unit 2: $1100/month Unit 3: $900/month, all units are month to month with security deposits to be transferred at closing. Current CAP rate over 5% with significant potential for a better return on this investment. This property is located in a highly coveted area in the White Mountains with a luscious and level 1/2 acre lot along fresh water on the Lost River. Let your creative juices flow in this no zoning town ripe with year round tourism as well as a need for local housing. Maybe it's a ski house for a team or multiple families? Maybe a vacation rental x3? The choice is yours! All 3 units have a full kitchens, appliances and bathrooms, living rooms and bedroom spaces spacious enough for a pull out and Queen bed. Some upgrades cosmetically and hard wired smoke detectors. Paved driveway and easy to landscape. Significant value in the land along a fresh source of water and walking distance to downtown and local businesses. About 3 miles to Loon Mountain Resort and 12 miles to Cannon Mountain. Motivated Seller!
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CONSTRUCTION

Wood Frame | Clapboard Exterior | Exterior Color beige | Year Built: 1916
No. of Floors:3
Total Sq.Ft. Finished: 1848
Above Grade Sq.Ft.: 1848
Apx Below Grade Unfinished Sq.Ft.: 0
Price Per SQ.FT. 284.09
Basement: Dirt | Stairs - Interior | Unfinished | Interior Access
Foundation: Brick
Heating: Electric | Hot Water | Multi Zone
Cooling: None | Other
Electric: 3 Phase
Utilities: Other
Electric Meters:
Style: Apartment Building | Multi-Family | Multi-Level | New Englander | Top Floor | Tri-Level
Roof: Shingle - Asphalt
Water: Public
Sewer: Public
Seasonal: No
LAND LOT INFORMAITION
Lot Description: Mountain View | River Frontage | Sidewalks | Ski Area | Stream | Trail/Near Trail | View | Walking Trails | Water View | In Town | Mountain | Near Paths | Near Shopping | Near Skiing | Near Snowmobile Trails
Lot size: 0.48 acres
Zoned: residential
Surveyed: Unk
Flood Zone: No
Roads: Public
Road Frontage: 24
Driveway: Paved
PROPERTY INFORMATION
Taxes $3,150

AREA INFORMATION