$1,550,000 | $216 per sq.ft. | MLS# 5038254
A
17
Unit Multi Family Home, 626 West Main Street Hillsborough NH
With 16 - One Bedroom Units | 1 - Two Bedroom Units
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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.***
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Annual Expenses
Taxes: $13,184 |
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Income
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FEATURES AND DETAILS
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CONSTRUCTION: Wood Frame | Exterior Color White | Price Per SQ.FT. 215.70 | Year Built: 1830
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LAND DESCRIPTION:
LOT DESCRIPTION: Corner | Country Setting | Curbing | Level | Major Road Frontage | Mountain View | Neighbor Business | Open | Trail/Near Trail | View | Walking Trails | Wooded | Near Country Club | Near Golf Course | Near Paths | Near Shopping | Near Skiing | Near Snowmobile Trails | Near Hospital | Near ATV Trail
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Livable Space: 7186
Above Grade Sq.Ft.: 7186
Below Grade Sq.Ft.: 0
Foundation: Slab - Concrete
Heating: Propane | Electric
Cooling: Other
Electric: Circuit Breaker(s)
Style: Apartment Building | Freestanding | Hotel | Multi-Family | Other
Roof: Shingle - Asphalt
Water: Drilled Well | Private
Sewer: Private | Septic
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Lot size: 8.82 acres
Zoned: COMM-N
Surveyed: Unk
Flood Zone: No
Seasonal: No
Garage And Parking: Parking Spaces 21+ | Paved
Road Frontage: 1011
Driveway: Paved
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ADDITIONAL INFORMATION
Docs Available : Aerials | Deed | Other | Plot Plan | Property Disclosure | Tax Map
Taxes $13,184 | Assesed Value $0 in |
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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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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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Copyright © 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed.
The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’
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 April 29th, 2025
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VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
https://www.sec.state.vt.us/media/711742/Mandatory-Consumer-Disclosure-for-a-Non-Designated-Agency-Brokerage-Firm-9-24-2015.pd
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM
http://www.nh.gov/nhrec/Brokerage%20Relationship%20Disclosure%20Form%207-19-11.pdf
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