626 Upper Mad River Road Thornton NH Multi Family For Sale $1200000

List Price: $1,200,000 | $256 per sq.ft. Multi Family A 6 Unit Multi Family Home
With 0 One Bedroom Units , 6 - Two Bedroom Units ,0 - Three Bedroom Units on Mad River with 242 ft. of Water Frontage
Date Listed Sunday Jul 7, 2024 | MLS# 5003799

Back Yard

Unit #6, enrtry porch

Unit #6, upper floor

Unit #6, BR 1

Unit #6, BR 2

Unit #6, back porch

Unit #2, entry porch

Unit #2, BR 1

Unit #2, BR 2

Unit #2, back porch

Unit #4, entry porch

Unit #4, BR 1

Unit #4, BR 2

Unit #4, back porch

Coin-op Laundry in basement

Gym in basement

Basement access exterior stairway

Basement access doors

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603-643-3942

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Address: 626 Upper Mad River Road Thornton NH
Listed by Kate Wheeler Hammond Wheeler Realty Cell: 603-254-7041
Description:
Excellent investment opportunity at the gateway of the White Mountains. Easterly views, frontage on the Mad River, only 10 minutes to Waterville Valley and 5 minutes to Welch-Dickey trailhead and the WMNF Eddy! Substantial upgrades done in the past 5-6 years including full renovations of 5 of 6 units, all appliances replaced, all 3 boilers replaced, parking lot repaved, new commercial coin-op laundry in basement (for additional monthly income), new well pump. Full occupancy with several having long rental history. 4 units with signed leases slated for a rate increase to $1,500 in Sept/October. Assisted showings required. Minimum 48hrs notice, please. Drive-bys are ok, but please don't pull in/park in parking area unless arriving for scheduled showing.
Sale Includes : Additional Buildings | Equipment | Land/Building
Operating Expenses : Heat,Insurance,Other,Sewer,Snow Removal,Trash,Utilities,Water,Water/Sewer

Annual Expenses

Taxes: $8,484

Income
Gross Income | $102,000

Appliances : Water Heater � Off Boiler

UNIT 1 INFORMATION

Beds: 2
Baths: 1
Rooms: 5
Sq.Ft.: 780
Level: 1
Info : Appliances Included,CO Detector,Deck,Dishwasher,Heat Included,Hot Water,Microwave,Porch,Range - Electric,Refrigerator,Smoke Detector
Tenant Pays : Cooling,Electric,Insurance,Internet Service,TV Service
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 2 INFORMATION

Beds: 2
Baths: 1
Rooms: 5
Sq.Ft.: 780
Level: 1
Style : Single level flat
Info : Appliances Included,CO Detector,Deck,Dishwasher,Heat Included,Hot Water,Microwave,Porch,Range - Electric,Refrigerator,Smoke Detector
Tenant Pays : Cooling,Electric,Insurance,Internet Service,TV Service
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 3 INFORMATION

UNIT 4 INFORMATION

Beds: 2
Baths: 1
Rooms: 5
Sq.Ft.: 780
Level: 2
Style : Single level flat
Info : Appliances Included,CO Detector,Deck,Dishwasher,Heat Included,Hot Water,Microwave,Porch,Range - Electric,Refrigerator,Smoke Detector
Tenant Pays : Cooling,Electric,Insurance,Internet Service,TV Service
Lease Term : Annual
Status : Leased

UNIT 5 INFORMATION

UNIT 6 INFORMATION

Beds: 2
Baths: 1
Rooms: 5
Sq.Ft.: 780
Level: 2
Style : Single level flat
Info : Appliances Included,CO Detector,Deck,Dishwasher,Heat Included,Hot Water,Microwave,Porch,Range - Electric,Refrigerator,Smoke Detector
Tenant Pays : Cooling,Electric,Insurance,Internet Service,Trash,TV Service
Lease Term : Annual
Signed Lease : Yes
Status : Leased

Exterior Features:
Porch - Covered | Storage
Exterior Color: Brown
Roof: Shingle - Asphalt
Garage And Parking: Parking Spaces 11 - 20 | Paved | Unassigned
Seasonal: No

Additional Information
Docs Available : Deed | Lease Agreements | Property Disclosure | Survey | Tax Map
Easement - Unknown
Block - 27
Taxes $8,484
Assesed Value Not Reported

Schools
School District: SAU 2 and 48
Elementary School: Thornton Central School
Middle School: Thornton Central School
High School: Plymouth Regional High School

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

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