$1,195,000
$100K PRICE DROP

4 Water St Meredith, NH 03253

Estimated payment $7,172/month

Total Views 3,669
-- Bed
-- Bath
5,378 Sq Ft
$222 Price per Sq Ft

Highlights

  • Deck
  • Baseboard Heating
  • Level Lot
  • Enclosed patio or porch
  • High Speed Internet
  • 4-minute walk to Scenic Park

About This Home

Prime Investment Opportunity in the Heart of Meredith, NH! Don’t miss this rare chance to own a mixed-use building featuring 5 residential apartments and 2 office spaces in one of the most desirable locations in the Lakes Region. One office unit has been recently updated with fresh paint, new flooring, and an energy-efficient mini split system. Each unit comes with assigned parking, and there’s additional public parking conveniently located right next door. The property also offers a basement level with ample storage space and coin-operated laundry, adding further value for tenants. Situated steps from Lake Winnipesaukee, the Town Docks, shopping, dining, bars, and Hermit Woods Winery, this property is perfectly positioned to attract renters and businesses alike. This is an excellent opportunity for investors looking to expand their portfolio with a versatile, income-generating asset in a vibrant, walkable community. Also listed under MLS#5039164

Listing Agent

Denise Denver

RE/MAX Innovative Bayside Brokerage Email: ddenver@innovativesells.com License #065697 Listed on: 05/06/2025

RE/MAX Innovative Bayside

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,180

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Assigned Parking

Outdoor Features

  • Deck
  • Enclosed patio or porch

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Baseboard Heating
  • High Speed Internet

Community Details

  • 7 Units

Listing and Financial Details

  • Legal Lot and Block // / 62
  • Assessor Parcel Number U06

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,180

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Directions: Daniel Webster Highway to Main St. Right onto Water St. Property on left
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1900
  • Display On Internet: High Speed Intrnt -Avail
  • Architectural Style: Apartment Building
  • ResoLotFeatures: Level, Sidewalks, Near Shopping
  • Road Frontage Type: Public, Public Maintained Road
  • Attribution Contact: ddenver@innovativesells.com
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 5378.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: Unknown
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • SqFt_Apx_Total_Finished: 5378
  • SqFt_Apx_Unfn_Above_Grade: 0
  • SqFt_Apx_Unfn_Below_Grade: 1440
  • SqFt_Apx_Total: 6818
  • Basement_Access_Type: Interior
  • Separate_Utilities: Varies
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete Floor, Full, Stairs - Interior, Storage - Assigned, Storage - Locked, Storage Space, Interior Entry, Stairs - Basement
  • Basement YN: Yes

Exterior Features

  • Driveway: Paved
  • Exterior Features: Deck, Porch - Covered, Porch - Enclosed
  • Roof: Shingle - Asphalt
  • Construction Type: Wood Frame
  • Foundation Details: Concrete

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Driveway, On Site

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Oil, Baseboard, Mini Split
  • Cooling: None, Mini Split
  • Trash: Cans, Curbside, Recycle
  • Utilities: Cable Available, Phone Available
  • Water Source: Public

Lot Info

  • Surveyed: Unknown
  • Zoning: CB
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6179.6
  • Tax Block: 62
  • Tax Lot: //
  • Tax Map Number: U06

Multi Family

  • Number Of Units Total: 7

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $6,180 $602,300 $298,800 $303,500
2023 $5,957 $602,300 $298,800 $303,500
2022 $5,717 $409,200 $137,300 $271,900
2021 $5,496 $409,200 $137,300 $271,900
2020 $5,737 $409,200 $137,300 $271,900
2019 $6,648 $337,100 $98,600 $238,500
2018 $5,266 $337,100 $98,600 $238,500
2016 $4,579 $293,700 $87,300 $206,400
2015 $4,464 $293,700 $87,300 $206,400
2014 $4,356 $293,700 $87,300 $206,400
2013 $4,281 $297,100 $87,300 $209,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Price Changed $1,195,000 -7.7% $222 / Sq Ft
05/06/2025 05/06/25 For Sale $1,295,000 -- $241 / Sq Ft
Source: PrimeMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $384,000 --
Deed $282,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $159,200 Unknown
Previous Owner $636,800 Commercial
Previous Owner $211,500 Commercial
Source: Public Records

Source: PrimeMLS

MLS Number: 5039556

PrimeMLS

APN: MERE-000006U-000062