List Price: $1,650,000 | $230 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 Jun 10, 2024 | MLS# 4999822



Address: 626 West Main Street Hillsborough NH
Listed by Nick Turmel Tri-State Realty, LLC
Description:
CASH COW GREAT INVESTMENT $$$!!! 17 Units Total between existing 13 Unit Motel, + Owners 2 Bedroom Qtrs, Office/common space units, 2 Studio Apts above Garage. High demand for weekly/monthly 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 the 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. & 128 Dam Rd. Land Parcel). Commercial Zoning on these state highways allows for many options for retail, residential and lots of other uses. Check with Town Zoning. Would make a great Residential or Commercial New Construction Development. Property is 30 miles to Keene & to Concord. Route 202 connects Keene to Seacoast by 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. Basic Financial info available upon request. 25%+ Commercial Loan or Cash. PROOF OF CASH or PRE-APPROVAL or Bank Letter to schedule showing (unless buyer is a national corporation.)
Annual Expenses

Taxes: $11,271
Income

Construction: Wood Frame | Wood Siding
Year Built: 1830
Style: Apartment Building | Hotel | Multi-Family | Other
Floors | Stories: 1.5
No. Elevators:
Total Sq.Ft. Finished: 9826
Above Grade Sq.Ft.: 7186
Basement: Crawl Space | Slab
Foundation: Slab - Concrete
Exterior Color: White
Roof: Shingle - Asphalt
Garage And Parking: Parking Spaces 21+ | Paved
Seasonal: No
Heating: Propane | Oil | Forced Air | Hot Air | Hot Water
Cooling: Other
Electric: Circuit Breaker(s)
Utilities: Cable | Cable - At Site | Cable - Available | Gas - LP/Bottle | Multi Phone Lines
Electric Meters:
Water: Drilled Well | Private
Sewer: Private | Septic
Land Information
Corner | Country Setting | Curbing | Lakes | Landscaped | Level | Major Road Frontage | Trail/Near Trail | Walking Trails | Near Country Club | Near Golf Course | Near Paths | Near Shopping | Near Skiing | Near Snowmobile Trails | Near ATV Trail
Lot size: 8.82 acres
Zoned: COMM-N)
Surveyed: Unk
Flood Zone: No
Roads: Paved | Public
Road Frontage: 1011
Driveway: Paved
Additional Information
Docs Available : Aerials | Deed | Other | Plot Plan | Property Disclosure | Tax Map
Block - 0
Taxes $11,271
Assesed Value Not Reported
Schools
School District: Hillsboro/Deering SAU #34
Elementary School: Hillsboro-Deering Elementary
Middle School: Hillsboro-Deering Middle
High School: Hillsboro-Deering High School

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