$1,300,000

527 Tamworth Rd Tamworth, NH 03886

Estimated payment $8,041/month

Total Views 12,132
13 Beds
12 Baths
7,700 Sq Ft
$169 Price per Sq Ft

Highlights

  • Water Access
  • 3.29 Acre Lot
  • Secluded Lot
  • River Front
  • Deck
  • Stream or River on Lot

About This Home

Prime Investment Opportunity!! Don’t miss this well-maintained and professionally managed 6-unit apartment complex set on over 3 acres with more than 500 feet of frontage along the Swift River. The property includes five 2-bedroom, 2-bath townhouse-style units, each approximately 1,200 square feet, and one spacious 3-bedroom, 2-bath unit with about 1,700 square feet. Two units have patios, the rest have decks. All units are in great condition and produce strong cash flow. Recent improvements include a new septic system for one building and a newer drilled well, tree removal, driveway regrading and other items. Radiant heat on the 1st level and baseboard hot water on the 2nd level in all units by propane. Gross annual income is approximately $121000. Tenants pay their own utilities and can enjoy the common area at the river. Conveniently located just off Route 113 and close to town, this property combines a strong return with long-term potential.

Listing Agent

Gerard Costantino

Costantino Real Estate LLC License #047931 Listed on: 06/18/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $14,270

Year Built

  • Built in 2003

Lot Details

  • 3.29 Acre Lot
  • River Front
  • Property fronts a private road
  • Secluded Lot
  • Wooded Lot

Home Design

  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 7,700 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 12 Bathrooms

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Nearby Water Access
  • Stream or River on Lot
  • Deck

Schools

  • Kenneth A. Brett Elementary School
  • A. Crosby Kennett Middle Sch
  • A. Crosby Kennett Sr. High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Radiant Heating System
  • Separate Meters
  • The river is a source of water for the property
  • Private Water Source
  • Drilled Well
  • Septic Tank
  • Septic Design Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 76
  • Assessor Parcel Number 415

Community Details

Overview

  • 6 Units

Building Details

  • 6 Leased Units
  • Gross Income $107,100
  • Net Operating Income $59,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$14,270

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Directions: Rte. 16 North through West Ossipee, Left on Depot Road, follow to the end which is 113 aka Tamworth Road, take a left #527 is on the left
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 2003
  • Display On Internet: Cable Internet
  • Architectural Style: Apartment Building
  • ResoLotFeatures: Country Setting, River, River Frontage, Secluded, Waterfront, Wooded, Rural
  • Road Frontage Type: Gravel
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 7700.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: Land Only
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Water_Body_Access: Yes
  • Water_Body_Type: River
  • Water_Access_Details: Directly Adjoining
  • Separate_Utilities: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Water Heater off Boiler
  • Total Bedrooms: 13
  • Basement: Slab
  • Basement YN: No

Exterior Features

  • Driveway: Gravel
  • Exterior Features: Deck, Natural Shade
  • Roof: Metal
  • Easements: Yes
  • Water Body Name: Swift River
  • Construction Type: Wood Frame
  • Waterfront: Yes
  • Foundation Details: Concrete Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street

Utilities

  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Leach Field On-Site, On-Site Septic Exists, Private Sewer, Septic Tank, Septic Design Available
  • Heating: Baseboard, Hot Water, Radiant
  • Cooling: None
  • Trash: Cans
  • Utilities: Cable Connected
  • Water Source: Drilled Well, Private

Schools

  • Elementary School: Kenneth A. Brett School
  • High School: A. Crosby Kennett Sr. High
  • Middle Or Junior School: A. Crosby Kennett Middle Sch

Lot Info

  • Surveyed: Yes
  • Zoning: TAMWOR
  • Lot Size Acres: 3.29
  • Lot Size Sq Ft: 143312.0

Multi Family

  • Gross Income: 107100.0
  • Number Of Units Total: 6
  • Net Operating Income: 59000.0
  • Number Of Units Leased: 6
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 6

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14270.0
  • Tax Block: 0
  • Tax Lot: 76
  • Tax Map Number: 415

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2025 06/18/25 For Sale $1,300,000 +162.6% $169 / Sq Ft
04/25/2014 04/25/14 Sold $495,000 -0.8% $64 / Sq Ft View Prior Sale
01/10/2014 01/10/14 Pending -- -- --
01/09/2014 01/09/14 For Sale $498,900 -- $64 / Sq Ft
Source: PrimeMLS

Source: PrimeMLS

MLS Number: 5047200

PrimeMLS
New Hampshire Carroll County Tamworth 03886

527 Tamworth Rd, Tamworth, NH

For Sale

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Gerard Costantino
Listing Agent
Gerard Costantino
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Costantino Real Estate LLC
(603) 333-1628