Multi-Family Property with
2099 Nh Route 140 Gilmanton, NH 03837
For Sale
$789,900
Private acreage and multiple outbuildings support flexible living and income options, with an attached garage and workshop.
Property Size4,773 SF
Lot Size5.61 Acres
Price / SF$165.49
Days on Market52
Property Features for 2099 Nh Route 140
General Information
- Standard status
- Active
- Size
- 4,773 SF
- Lot size
- 5.61 Acres
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 2001
Listing Agency:
Granite Group Realty Service's
(603) 744-3004
Listed By:
Margaret Duba
(603) 744-3004
Source:
Threehillsres
Added: Jun 4
Changed: Jul 10
Last Checked: Jul 24 at 11:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Granite Group Realty Service's
Investment Insights
Based on property information with market context.
This unique multi-family property is tucked on a private 5.61-acre lot set far back from the road, creating a quiet, self-contained setting. The main residence is a spacious, one-level ranch with an attached garage and workshop. Inside, the home features two bedrooms and three bathrooms, an updated custom kitchen, two oversized family rooms, and several smaller nooks that can serve as a home office, reading area, or private retreat. The property also includes additional outbuildings and a finished basement, with ongoing finish projects and improvements currently in process.
The home sits at the back of the lot for privacy, and the three outbuildings provide additional space that can be used for storage, workshop-related work, or other creative uses in line with the buyer’s needs. Showings are intended to respect tenant quiet enjoyment, so initial tours focus on the main residence, with an additional unit considered upon serious interest and further review.
For tenants, buyers, or operators seeking flexibility, the layout supports use as a primary home with extra space and income potential through the multi-family structure. The attached garage and workshop add practical utility for hobbyists, contractors, or anyone needing room for projects and equipment, while the finished basement and multiple outbuildings offer further functional space for day-to-day living or supplemental uses.
The home sits at the back of the lot for privacy, and the three outbuildings provide additional space that can be used for storage, workshop-related work, or other creative uses in line with the buyer’s needs. Showings are intended to respect tenant quiet enjoyment, so initial tours focus on the main residence, with an additional unit considered upon serious interest and further review.
For tenants, buyers, or operators seeking flexibility, the layout supports use as a primary home with extra space and income potential through the multi-family structure. The attached garage and workshop add practical utility for hobbyists, contractors, or anyone needing room for projects and equipment, while the finished basement and multiple outbuildings offer further functional space for day-to-day living or supplemental uses.
Key Highlights
- Multi‑family property built in 2001 on a 5.61‑acre private lot set far back from the road
- One‑level ranch with 2 bedrooms and 3 bathrooms, plus an attached garage and workshop
- Updated custom kitchen and two oversized family rooms for flexible living and entertaining
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $103.1k | $21.60 |
| − Vacancy | −$3.6k | −$0.76 |
| EGI | $99.5k | $20.84 |
| − OpEx | −$29.8k | −$6.25 |
| NOI | $69.6k | $14.59 |
4,773 SF · lease $21.60/SF/yr · vacancy 3.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$994.9K
$870.5K – $1.16M
NOI $69,642 @ 7.0% cap · market cap 8.82%
Second Best
Apartment 5plus
$914.8K
$800.5K – $1.07M
NOI $64,037 @ 7.0% cap · market cap 8.11%
Theoretical Best
Office A
$1.14M
$993.2K – $1.32M
NOI $79,453 @ 7.0% cap · market cap 10.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Private acreage and multiple outbuildings support flexible living and income options, with an attached garage and workshop.
Where is this duplex located?
The property is located at 2099 Nh Route 140 Gilmanton, NH.
What is the asking price?
The asking price for this property is $789,900.
What are key features of this property?
This property features: Multi‑family property built in 2001 on a 5.61‑acre private lot set far back from the road; One‑level ranch with 2 bedrooms and 3 bathrooms, plus an attached garage and workshop; Updated custom kitchen and two oversized family rooms for flexible living and entertaining
