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


$1,350,000

MLS# 5036089
5178 sq.ft. Bedroom | 0 Bathroom
Multi Family
1416 Mount Major Highway Alton NH
on Winnipesaukee
 
$1,350,000 | $261 per sq.ft. | MLS# 5036089 A 4  Unit Multi Family Home, 1416 Mount Major Highway Alton NH With 1 - One Bedroom Units | 2 - Two Bedroom Units | 1 - Three Bedroom Units

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
Rent : 1300.00 Monthly
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

FEATURES AND DETAILS

CONSTRUCTION: Vinyl Siding | Price Per SQ.FT. 260.72 | Year Built: 1820
LAND DESCRIPTION: LOT DESCRIPTION: Level | Major Road Frontage
Avail.Sq.Ft.: 5
Livable Space: 5178
Above Grade Sq.Ft.: 5178
Below Grade Sq.Ft.: 0
Foundation: Fieldstone
Heating: Oil | Hot Water
Cooling: None
Electric: 200 Amp
Style: Multi-Family
Roof: Shingle - Asphalt
Water: Drilled Well
Sewer: 1500+ Gallon
Lot size: 1.2 acres
Zoned: LR-LAK
Surveyed: Unk
Flood Zone: Unknown
Seasonal: No
Garage And Parking: Parking Spaces 11 - 20
Road Frontage: 305
Driveway: Paved

ADDITIONAL INFORMATION
Taxes $5,263  | Assesed Value $0 in
SCHOOLS
School District: Alton School District SAU #72
Elementary School: Alton Central School
High School: Prospect Mountain High School
15 Buck Rd. Hanover, NH 03755 603-643-3942

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