118 Nh Rt 4A Lebanon, NH 03766
Property summary
This exceptional investment opportunity presents a portfolio of 21 units situated across three prime locations on NH Route 4A in Lebanon, New Hampshire, directly on Mascoma Lake. The portfolio comprises two stunning single-family waterfront homes at 117 and 125 NH Route 4A, each boasting breathtaking lake views and private beach access. These homes are ideal for year-round occupancy or lucrative vacation rentals. Adjacent to 117 NH Route 4A is an eleven-unit multifamily property offering waterfront apartments with a large Trex deck overlooking the lake and its own private beach access. This provides tenants with unparalleled lakefront living, significantly enhancing rental appeal and occupancy rates. Completing the portfolio are eight townhomes located at 118 NH Route 4A, each featuring two to three bedrooms. These townhomes present a significant upside potential for conversion into condominiums, offering a compelling opportunity for developers seeking to capitalize on the high demand for lakeside living. The entire portfolio offers a unique blend of residential and multifamily income potential, making it an attractive investment for both seasoned investors and those seeking a high-return, diversified real estate holding. This is a rare chance to acquire a substantial piece of Mascoma Lake real estate with significant long-term growth potential. The asking price is $4,400,000.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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