626 West Main Street Hillsborough NH Multi Family For Sale $1550000

List Price: $1,550,000 | $216 per sq.ft. Multi Family A 17 Unit Multi Family Home
With 16 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Monday Apr 28, 2025 | MLS# 5038254

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603-643-3942

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Address: 626 West Main Street Hillsborough NH
Listed by Nick Turmel Tri-State Realty, LLC
Description:
4/28/2025 NEW LISTING. $$$ CASH COW GREAT INVESTMENT! 20%+ CAP RATE Potential. 17 Units Total: 13 Unit Motel, 2 BR Owners Qtrs, Office/common space units, 2 Studio Apts above Garage. High demand for weekly extended stay occupants due to housing shortage, & lack of other area motel/hotels. Franklin Pierce Lake Views if you clear trees. High traffic count & visibility located at corner of intersection NH Routes 202/9, Route 31, Routes have names of Franklin Pierce Hwy, West Main Street, 2nd NH Turnpike. Property has 2 Curb Cuts at intersection! 2 Parcels Total 8.82 Acres (626 West Main St, & pics don't show lot lines for 128 Dam Rd. Land Parcel). Commercial Zoning on these state highways allows for many options for retail, residential & lots of other uses. Check with Town Zoning. Property is 30 miles to Keene & to Concord. Route 202 connects Keene to Seacoast running through Hillsborough & Concord. Over 11,000+ vehicles daily. Details provided are to the best of Seller's knowledge. Buyers responsible for their own due diligence for any research, inspections, measurements, town or other info verification, etc. Seller & their Agent make No guarantees or warranties. Property SOLD-AS-IS. MLS, NECPE, & on-line marketing subject to updated changes. Financial info available upon request. CASH ONLY or Cash-like Hard Money Loan. PROOF OF CASH or Hard-Money PRE-APPROVAL required to schedule showing. ***NO OWNER-FINANCING.***

Annual Expenses

Taxes: $13,184

Income

Exterior Color: White
Roof: Shingle - Asphalt
Garage And Parking: Parking Spaces 21+ | Paved
Seasonal: No

Schools
School District: Hillsboro/Deering SAU #34
Elementary School: Hillsboro-Deering Elementary
Middle School: Hillsboro-Deering Middle
High School: Hillsboro-Deering High School

5 Old Nugget Alley, Hanover, NH 03755 603-643-3942

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