S
Seller's Agent in 2024
Sam Harding
Duston Leddy Real Estate
(603) 254-3338
1 in this area
88 Total Sales
5
Beds
4
Baths
2,496
Sq Ft
1.68
Acres Lot
Highlights
- Water Views
- 1.68 Acre Lot
- New Englander Architecture
- Public Water Access
- Hilly Lot
- Forced Air Heating System
About This Home
As of April 2024(Agents, see non-public remarks) Wonderful 3-unit multifamily with excellent value-add potential, just a short walk to Lake Winnipesaukee and Alton Bay. This property is fully leased and has excellent rental history. The three units combined currently gross $56,400 annually. Rents in the 2BR, and 1BR + office units are below market. In addition to the three units, there is a large 30'x50' outbuilding on site that is currently vacant. The garage below is being rented out for storage at $350/month (also below market). There are three furnaces that could be zoned so that each unit is paying their own heat ($6k savings). With the property being zoned Residential Commercial (up to six units), buyers should look into the possibility of adding more units in the outbuilding space. It is perfectly set up to accommodate two 750 sqft, 1-2 BR units, or one large unit. According to the zoning ordinance for residential commercial, you're allowed a unit for every 15,000 sqft of land. With the lot being 73,180 sqft there should be enough acreage to expand, especially with the new 2000 + 500 gal septic system that was installed in 2017.
Last Agent to Sell the Property
Duston Leddy Real Estate Brokerage Phone: 603-254-3338 License #066261 Listed on: 09/27/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,549
Year Built
- Built in 1870
Lot Details
- 1.68 Acre Lot
- Lot Sloped Up
- Hilly Lot
Parking
- 4 Car Garage
- Leased Parking
- Gravel Driveway
Home Design
- New Englander Architecture
- Stone Foundation
- Wood Frame Construction
- Architectural Shingle Roof
- Plywood Siding Panel T1-11
- Vinyl Siding
- Clapboard
Interior Spaces
- 2,496 Sq Ft Home
- 1.75-Story Property
- Water Views
Unfinished Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
- Connecting Stairway
- Crawl Space
Outdoor Features
- Public Water Access
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Separate Meters
- Shared Septic
- Internet Available
Listing and Financial Details
- Tax Block 28
Community Details
Overview
- 3 Units
Building Details
- Operating Expense $12,504
- Gross Income $56,400
- Net Operating Income $43,896
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/26/2024 04/26/24 | Sold | $500,000 | 0.0% | $200 / Sq Ft | |
| 01/30/2024 01/30/24 | Pending | -- | -- | -- | |
| 01/23/2024 01/23/24 | Off Market | $500,000 | -- | -- | |
| 12/08/2023 12/08/23 | Price Changed | $535,000 | -2.7% | $214 / Sq Ft | |
| 09/27/2023 09/27/23 | For Sale | $549,900 | +19.5% | $220 / Sq Ft | |
| 05/12/2021 05/12/21 | Sold | $460,000 | -7.1% | $190 / Sq Ft | View Prior Sale |
| 02/15/2021 02/15/21 | Pending | -- | -- | -- | |
| 02/11/2021 02/11/21 | For Sale | $495,000 | +66.2% | $204 / Sq Ft | |
| 12/29/2017 12/29/17 | Sold | $297,900 | +1.0% | $121 / Sq Ft | View Prior Sale |
| 11/11/2017 11/11/17 | Pending | -- | -- | -- | |
| 10/19/2017 10/19/17 | For Sale | $295,000 | -99.9% | $119 / Sq Ft | |
| 10/03/2017 10/03/17 | Pending | -- | -- | -- | |
| 07/28/2017 07/28/17 | For Sale | $295,000,000 | -- | $119,433 / Sq Ft |
Source: PrimeMLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,304 | $331,600 | $112,700 | $218,900 |
| 2022 | $3,549 | $312,100 | $112,700 | $199,400 |
| 2021 | $3,552 | $312,100 | $112,700 | $199,400 |
| 2020 | $3,761 | $269,600 | $68,400 | $201,200 |
| 2019 | $3,373 | $269,600 | $68,400 | $201,200 |
| 2018 | $3,772 | $269,600 | $68,400 | $201,200 |
| 2017 | $3,467 | $269,600 | $68,400 | $201,200 |
| 2016 | $3,716 | $262,600 | $87,100 | $175,500 |
Source: Public Records
Agents Affiliated with this Home
-
Sam Harding
-
Jen McCullough
Buyer's Agent in 2024
Jen McCullough
Maxfield Real Estate/Wolfeboro
(603) 234-2721
51 in this area
98 Total Sales
-
Jamieson Duston
Seller's Agent in 2021
Jamieson Duston
Duston Leddy Real Estate
(603) 365-5848
1 in this area
176 Total Sales
-
Steven Gray
Seller's Agent in 2017
Steven Gray
RE/MAX
(603) 387-2488
22 in this area
34 Total Sales
-
S
Buyer's Agent in 2017
Stephen Mountain
Arthur Thomas Properties
Map
Source: PrimeMLS
MLS Number: 4971856
APN: ALTN M:31 B:28
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Copyright 2026 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.
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