$1,200,000 | $256 per sq.ft. | MLS# 5003799
A
6
Unit Multi Family Home, 626 Upper Mad River Road Thornton NH
With 6 - Two Bedroom Units
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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.
Appliances : Water Heater – Off Boiler
Sale Includes : Additional Buildings | Equipment | Land/Building
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Annual Expenses
Taxes: $8,484 |
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Income
Gross Income | $
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UNIT 1 INFORMATION
Beds: 2Baths: 1Rooms: 5Sq.Ft.: 780Level: 1Info : Appliances Included,CO Detector,Deck,Dishwasher,Heat Included,Hot Water,Microwave,Porch,Range - Electric,Refrigerator,Smoke DetectorTenant Pays : Cooling,Electric,Insurance,Internet Service,TV ServiceLease Term : Annual Signed Lease : Yes Status : Leased
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UNIT 2 INFORMATION
Beds: 2Baths: 1Rooms: 5Sq.Ft.: 780Level: 1Style : Single level flatInfo : Appliances Included,CO Detector,Deck,Dishwasher,Heat Included,Hot Water,Microwave,Porch,Range - Electric,Refrigerator,Smoke DetectorTenant Pays : Cooling,Electric,Insurance,Internet Service,TV ServiceLease Term : Annual Signed Lease : Yes Status : Leased
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UNIT 3 INFORMATION
Beds: 2Baths: 1Rooms: 5Sq.Ft.: 780Level: 1Style : Single level flatInfo : Appliances Included,CO Detector,Deck,Dishwasher,Heat Included,Hot Water,Microwave,Porch,Range - Electric,Refrigerator,Smoke DetectorStatus : Leased
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UNIT 4 INFORMATION
Beds: 2Baths: 1Rooms: 5Sq.Ft.: 780Level: 2Style : Single level flatInfo : Appliances Included,CO Detector,Deck,Dishwasher,Heat Included,Hot Water,Microwave,Porch,Range - Electric,Refrigerator,Smoke DetectorStatus : Leased
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UNIT 5 INFORMATION
Beds: 2Baths: 1Rooms: 5Sq.Ft.: 780Level: 2Style : Single level flatInfo : Appliances Included,CO Detector,Deck,Dishwasher,Heat Included,Hot Water,Microwave,Porch,Range - Electric,Refrigerator,Smoke DetectorSigned Lease : Yes
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UNIT 6 INFORMATION
Beds: 2Baths: 1Rooms: 5Sq.Ft.: 780Level: 2Style : Single level flatInfo : Appliances Included,CO Detector,Deck,Dishwasher,Heat Included,Hot Water,Microwave,Porch,Range - Electric,Refrigerator,Smoke DetectorSigned Lease : Yes Status : Leased
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FEATURES AND DETAILS
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CONSTRUCTION: Wood Frame | Clapboard Exterior | Wood Siding | Exterior Color Brown | Price Per SQ.FT. 256.41 | Year Built: 1990
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LAND DESCRIPTION:
LOT DESCRIPTION: Hilly | Mountain View | River | River Frontage | Trail/Near Trail | View
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Avail.Sq.Ft.: 6
Livable Space: 4680
Above Grade Sq.Ft.: 4680
Below Grade Sq.Ft.: 0
Foundation: Concrete | Slab w/ Frost Wall
Heating: Oil | Baseboard | Hot Water | Multi Zone
Cooling: None
Electric: Circuit Breaker(s)
Style: Multi-Family | Multi-Level
Roof: Shingle - Asphalt
Water: Community | Deeded | Drilled Well | Public Water - On-Site | Shared
Sewer: 1500+ Gallon | Private
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Lot size: 6 acres
Zoned: GENERA
Surveyed: Yes
SurveyedBy: Roy A Saybourn
Flood Zone: No
Seasonal: No
Garage And Parking: Parking Spaces 11 - 20 | Paved | Unassigned
Roads: Gravel | Paved | Public
Road Frontage: 583
Driveway: Paved
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ADDITIONAL INFORMATION
Docs Available : Deed | Lease Agreements | Property Disclosure | Survey | Tax Map
Taxes $8,484 | Assesed Value $408,600 in 2023 |
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SCHOOLS
School District: SAU 2 and 48
Elementary School: Thornton Central School
Middle School: Thornton Central School
High School: Plymouth Regional High School |
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Back Yard
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Unit #6, enrtry porch
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Unit #6, upper floor
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Unit #6, BR 1
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Unit #6, BR 2
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Unit #6, back porch
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Unit #2, entry porch
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Unit #2, BR 1
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Unit #2, BR 2
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Unit #2, back porch
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Unit #4, entry porch
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Unit #4, BR 1
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Unit #4, BR 2
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Unit #4, back porch
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Coin-op Laundry in basement
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Gym in basement
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Basement access exterior stairway
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Basement access doors
15 Buck Rd. Hanover, NH 03755 603-643-3942
Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College
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personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated November 21st, 2024
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