List Price: $1,350,000 | $261 per sq.ft. Multi Family A 4 Unit Multi Family Home
With 1 One Bedroom Units , 2 - Two Bedroom Units ,1 - Three Bedroom Units on Winnipesaukee
Date Listed Sunday Apr 13, 2025 | MLS# 5036089



Address: 1416 Mount Major Highway Alton NH
Listed by Cori Tessier Legacy Group/ Real Broker NH, LLC
Description:
Welcome to 1416 Mount Major Highway, Alton NH--a one-of-a-kind investment opportunity just minutes from Lake Winnipesaukee, Gunstock Mountain Resort, and all the Lakes Region has to offer. Located in low-tax Alton, this rare 4-unit multi-family property offers a versatile blend of charm, functionality, and income potential. The beautifully maintained grounds feature an in-ground pool, pergola, outdoor dining area, playground, and fire pit, creating the perfect setting for relaxation or entertaining guests. There's also ample parking for tenants and visitors alike. Each of the four units offers its own unique layout. Unit 1 is a spacious two-story home with two bedrooms and two bathrooms, a full kitchen, living and dining rooms, laundry room, and a private primary suite with a balcony. Unit 2 includes two bedrooms, one bathroom, a bright kitchen and living room, and a private deck. Unit 3 is a charming one-bedroom, one-bathroom unit with a cozy living space and deck. Unit 4 is newly remodeled and features three bedrooms, two full bathrooms, a kitchen, living room, and dining area. The massive three-story barn with a heated, pull-through shop and abundant storage space adds incredible value to the property. This flexible area is ideal for a workshop, business use, or future expansion. Whether you're looking to owner-occupy, generate rental income, or create a short-term rental compound, this property offers endless potential in a prime location.
Annual Expenses

Taxes: $5,263
Income

UNIT 1 INFORMATION

Beds: 2
Baths: 2
Rooms: 7
Level: 1 & 2
Info : Dishwasher,Dryer,Heat - Oil,Microwave,Range - Electric,Refrigerator,Washer
Signed Lease : No
Status : Owner Occupied

UNIT 2 INFORMATION

Beds: 2
Baths: 1
Rooms: 5
Level: 1
Info : Deck,Dishwasher,Dryer,Heat - Oil,Range - Electric,Refrigerator,Washer
Lease Term : Month to Month
Signed Lease : No
Status : Owner Occupied

UNIT 3 INFORMATION

Beds: 1
Baths: 1
Rooms: 4
Level: 2
Info : Heat Included,Range - Electric,Refrigerator
Tenant Pays : Electric,Hot Water
Rent : 1300.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Leased

UNIT 4 INFORMATION

Beds: 3
Baths: 2
Rooms: 8
Level: 1 & 2
Info : Deck,Dishwasher,Dryer,Microwave,Range - Electric,Refrigerator,Washer
Status : Owner Occupied

Construction: Vinyl Siding
Year Built: 1820
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 5548
Above Grade Sq.Ft.: 5178
Basement: Unfinished
Foundation: Fieldstone
Exterior Features:
Balcony | Barn | Deck | Patio | Playground | Pool - In Ground | Storage
Roof: Shingle - Asphalt
Garage And Parking: Parking Spaces 11 - 20
Seasonal: No
Heating: Oil | Hot Water
Cooling: None
Electric: 200 Amp
Utilities: Other
Electric Meters: 7
Water: Drilled Well
Sewer: 1500+ Gallon
Land Information
Level | Major Road Frontage
Lot size: 1.2 acres
Zoned: LR-LAK)
Surveyed: Unk
Flood Zone: Unknown
Road Frontage: 305
Driveway: Paved
Additional Information
Easement - Unknown
Block - 0
Taxes $5,263
Assesed Value Not Reported
Schools
School District: Alton School District SAU #72
Elementary School: Alton Central School
High School: Prospect Mountain High School

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