Two-Home Multifamily
145 Chocorua Mountain Highway, Tamworth, NH 03817
For Sale
$799,900
Two updated residences offer flexible layouts, with a private dock on the Chocorua River.
Property Size4,714 SF
Price / SF$169.69
Days on Market78
Property Features for 145 Chocorua Mountain Highway
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Gross Income
Multifamily Units
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
garage
workshop
dock
fire pit
porch
balcony
Yes
Combination
Cable Internet
Electric Cooktop,Dishwasher,Gas Fireplace,Kitchen Island,Primary BR w/ BA,Microwave,Porch,Refrigerator,Smoke Detector
1
12
Leased
3
2
4
Month to Month
4714
Interior
Storage Space,Unfinished,Basement Stairs
15
Common/Shared,Paved
Block,Concrete,Fieldstone
Country Setting,Landscaped,Level,Open,Near Shopping,Near Skiing,Near Snowmobile Trails,Near School(s)
Drilled Well,Private
3.2
Balcony,Deck,Dog Fence,Garden Space,Natural Shade,Private Dock,ROW to Water,Shed,Storage,Double Pane Window(s),Poultry Coop
Public Maintained Road
139392
Building Details
Year Built
Buildings
Stories
Listing Agency:
BHHS Verani Concord
(603) 573-5353
Listed By:
Jeremy White
(603) 224-0700
Source:
Alexassociatesrealtygroup
Added: Aug 29
Changed: Nov 12
Last Checked: Nov 13 at 5:07AM
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 BHHS Verani Concord
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Investment Insights
Based on property information with market context.
This 4,714-square-foot multifamily property comprises two updated homes on 3.2 acres. The main residence has a large kitchen, two living areas, three bedrooms, four bonus rooms, and four bathrooms. Its primary suite includes an office and a private balcony. The home is currently certified for homecare provider use. The second residence features an open kitchen and living area, a first-floor bedroom, two bathrooms, and three additional rooms upstairs; it is leased month to month.
A one-car garage and separate workshop add utility, while the paved driveway provides ample parking. The Chocorua River runs along the rear of the property, where a private dock provides river access. Outdoor features also include a yard, garden space, and fire pit.
A one-car garage and separate workshop add utility, while the paved driveway provides ample parking. The Chocorua River runs along the rear of the property, where a private dock provides river access. Outdoor features also include a yard, garden space, and fire pit.
Key Highlights
- Two updated homes totaling 4,714 square feet on 3.2 acres
- Main residence includes 3 bedrooms, 4 bonus rooms, and 4 bathrooms
- Second home has a first‑floor bedroom and 3 additional upstairs rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,512
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$970,240
$970.2K
Cap Rate 7%
$693,029
$693.0K
Cap Rate 9%
$539,022
$539.0K
Market Conditions
NOI Build-Up for 4,714 SF
Gross rent
$93.3K $19.80/SF
− Vacancy
−$5.1K −$1.09/SF
EGI
$88.2K $18.71/SF
− OpEx
−$39.7K −$8.42/SF
NOI
$48.5K $10.29/SF
Area
Carroll County, NH
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$970,240
Cap Rate 7%
$693,029
Cap Rate 9%
$539,022
Alternative Uses
Best Use
Apartment 5plus
$693.0K
$606.4K – $808.5K
NOI $48,512 @ 7.0% cap · market cap 6.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M
NOI $82,395 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
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Business Placement
Demographics for 03817, NH
452
Population
281
Households
1.6
Avg Household Size
55
Median Age
34%
College-Educated
93%
High-School Grad
8.0 sq mi
ZIP Area
57
Density / Sq Mi
$72,788
Median Household Income
$26,020
Median Earnings
$1,034
Median Rent
$352,100
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Carroll County, NH
Properties on Market for Multifamily properties in Carroll County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two updated residences offer flexible layouts, with a private dock on the Chocorua River.
Where is this multifamily property located?
The property is located at 145 Chocorua Mountain Highway Tamworth, NH.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Two updated homes totaling 4,714 square feet on 3.2 acres; Main residence includes 3 bedrooms, 4 bonus rooms, and 4 bathrooms; Second home has a first‑floor bedroom and 3 additional upstairs rooms
