Listing Agency: Coldwell Banker Realty k***@cbrealty.com Show Phone

Listed By: Kathleen DeMello · License #062833

Source: Crexi

Added: Mar 15 Changed: Aug 8 Last Checked: Aug 11 at 1:02PM

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Investment Insights

Based on property information with market context.

This investment property is located atop a scenic hill in Mont Vernon. The renovated building features six 2-bedroom apartments, each with full baths, and/or 1/2 and 3/4 baths. A 2-bedroom carriage house sits adjacent to the main building. The property is set on 4.65 acres of landscaped grounds and includes architectural drawings, town approvals, and active permits to construct two additional 2-bedroom units. Residents have access to a front porch, backyard pergola, assigned raised garden beds, and private balconies. Each unit includes kitchens and baths, open-concept living, hardwood floors, gas-burning stoves, and geothermal heating and cooling. There are nine garage spaces. This income-producing property offers expansion potential in southern New Hampshire.

Key Highlights

• Turnkey, fully renovated property with six 2‑bedroom apartments and a 2‑bedroom carriage house, providing immediate rental income.
• Approved expansion potential with permits and architectural drawings for two additional 2‑bedroom units.
• Geothermal heating and cooling for energy efficiency and tenant comfort.

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store Electrical Service Home Appliance Store Tech Support Center Travel Agency Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

45

Businesses Nearby

Explore this area Business Placement

Demographics for 03057, NH

2,612

Population

964

Households

2.7

Avg Household Size

45

Median Age

50%

College-Educated

95%

High-School Grad

17.9 sq mi

ZIP Area

146

Density / Sq Mi

$160,250

Median Household Income

$60,472

Median Earnings

$1,206

Median Rent

$478,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Turnkey investment property with expansion potential in Mont Vernon, NH.

Where is this apartment building located?

The property is located at 26 N Main St Mont Vernon, NH.

What is the asking price?

The asking price for this property is $3,700,000.

What are key features of this property?

This property features: Turnkey, fully renovated property with six 2‑bedroom apartments and a 2‑bedroom carriage house, providing immediate rental income.; Approved expansion potential with permits and architectural drawings for two additional 2‑bedroom units.; Geothermal heating and cooling for energy efficiency and tenant comfort.