$1,550,000

Estimated payment $9,676/month

Total Views 4,784
-- Bed
-- Bath
7,186 Sq Ft
$216 Price per Sq Ft

Highlights

  • 8.82 Acre Lot
  • Wooded Lot
  • 2 Car Garage
  • Mountain View
  • Corner Lot
  • Trails

About This Home

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. 8.82 TOTAL ACRES includes 128 Dam Road Land Parcel. 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.***

Listing Agent

Nick Turmel

Tri-State Realty, LLC Listed on: 04/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,184

Year Built

  • Built in 1830

Lot Details

  • 8.82 Acre Lot
  • Property fronts a private road
  • Corner Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Mountain Views

Schools

  • Hillsboro-Deering Elementary School
  • Hillsboro-Deering Middle School
  • Hillsboro-Deering High School

Utilities

  • Private Water Source
  • Drilled Well
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 0128/0402
  • Assessor Parcel Number 11B

Community Details

Overview

  • 17 Units

Recreation

  • Trails

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,184

Year Built

Built in 1830

Lot Details

0

Parking

2

Listing Details

  • Directions: At the corner of intersection NH Routes 202/9, Route 31, Routes have names of Franklin Pierce Hwy, West Main Street, 2nd NH Turnpike. Dam Road is off of 2nd NH Turnpike South East section of property. Property has 2 Curb Cuts!!!
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1830
  • Display On Internet: Fiber Optic Internt Avail,High Speed Intrnt -Avail,High Speed Intrnt -AtSite,Internet - Cable
  • Architectural Style: Apartment Building, Freestanding, Hotel, Multi-Family, Other
  • ResoLotFeatures: Corner Lot, Country Setting, Curbing, Level, Major Road Frontage, Mountain View, Neighbor Business, Open Lot, Trail/Near Trail, Views, Walking Trails, Wooded, Near Country Club, Near Golf Course, Near Paths, Near Shopping, Near Skiing, Near Snowmobile Trails, Near Hospital, Near ATV Trail
  • Road Frontage Type: Paved, Public
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 7186.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • SqFt_Apx_Total_Finished: 7186
  • SqFt_Apx_Unfn_Above_Grade: 2540
  • SqFt_Apx_Unfn_Below_Grade: 0
  • SqFt_Apx_Total: 9726
  • Separate_Utilities: Varies
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, None, Slab
  • Basement YN: No

Exterior Features

  • Driveway: Paved
  • Roof: Shingle - Asphalt
  • Construction Type: Wood Frame
  • Foundation Details: Slab - Concrete

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Parking Spaces 21+, Paved

Utilities

  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Tank
  • Heating: Propane, Electric
  • Cooling: Other
  • Utilities: Cable, Cable Connected, Cable Available, Multi Phone Lines
  • Water Source: Drilled Well, Private

Schools

  • Elementary School: Hillsboro-Deering Elementary
  • High School: Hillsboro-Deering High School
  • Middle Or Junior School: Hillsboro-Deering Middle

Lot Info

  • Surveyed: Unknown
  • Zoning: COMM-N
  • Lot Size Acres: 8.82
  • Lot Size Sq Ft: 384199.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 13184.0
  • Tax Block: 0
  • Tax Lot: 0128/0402
  • Tax Map Number: 11B

Multi Family

  • Number Of Units Total: 17

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

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 $12,092 $361,600 $140,700 $220,900
2023 $11,289 $361,600 $140,700 $220,900
2022 $9,651 $361,600 $140,700 $220,900
2021 $10,457 $361,600 $140,700 $220,900
2020 $10,389 $361,600 $140,700 $220,900
2018 $10,529 $356,900 $142,800 $214,100
2017 $10,875 $356,900 $142,800 $214,100
2016 $10,860 $367,900 $135,300 $232,600
2015 $10,687 $367,900 $135,300 $232,600
2014 $10,139 $367,900 $135,300 $232,600
2013 $10,323 $367,900 $135,300 $232,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 For Sale $1,550,000 0.0% --
04/28/2025 04/28/25 For Sale $1,550,000 -- $216 / Sq Ft
Source: PrimeMLS

Source: PrimeMLS

MLS Number: 5038254

PrimeMLS

APN: HLBO-000011B-000402