$2,300,000

About this home

Positioned in one of New Hampshire’s fastest-growing, high-demand rental markets, this institutional-quality 9-unit mixed-use asset delivers a true turnkey, cash-flowing investment opportunity with strong in-place income and zero deferred maintenance. Built with a “no expense spared” approach, this property stands out as a premium, low-maintenance asset designed for long-term performance. Features include elevator access, secure entry with video surveillance, and on-site coin-operated laundry, all enhancing tenant retention and operational efficiency. The unit mix consists of eight well-appointed residential apartments plus one street-level retail/office space, providing diversified income streams and additional upside potential. Each unit is outfitted with high-efficiency Carrier heat pumps (tenant-paid utilities)—a major advantage for investors seeking reduced operating expenses and improved NOI stability. Construction quality is exceptional, featuring: Eagle windows for superior energy efficiency, private balconies on upper-level units (premium rent potential), double offset 2x6 wall construction for sound insulation and tenant satisfaction. The property is fully stabilized with strong-performing tenants, generating approximately $120,000 in net annual income at a + 5.2% cap rate, with potential for future rent growth. Additional highlights: Ample off-street parking (high tenant demand driver), prime urban location supporting consistent occupancy, minimal landlord responsibilities with tenant-paid utilities. This is a rare opportunity to acquire a high-quality, income-producing asset without the risks, delays, or capital requirements of ground-up development. Ideal for cash investors seeking stable returns, passive income, and long-term appreciation in a tax-advantaged state.

Property details

MLS #

5086212

Property type

Commercial Sale

Subdivision

N/A

Status

Active

Days on market

104

On market date

N/A

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

0.3 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).