14 Hurricane Rd Belmont, NH 03220
This exceptional three-unit multifamily property in Belmont, New Hampshire presents a compelling investment opportunity. Situated on 1.21 acres, this two-story building boasts a total of 2,288 square feet and offers a blend of rural tranquility and convenient access to major commuter routes (Routes 3, I-93, and 132), as well as the vibrant downtown areas of Belmont, Laconia, and Tilton. The property comprises one three-bedroom, one-bathroom unit on the second floor and two mirror-image one-bedroom, one-bathroom units on the ground floor. All units benefit from newer Rinnai propane monitors and electric baseboard heat for backup. Significant improvements completed between 2017 and 2018 include a new architectural shingled roof, vinyl siding, and windows. The property also features ample off-street parking. Its prime location offers proximity to Silver Lake, Lakes Winnisquam and Winnipesaukee, providing easy access to a wealth of recreational activities, including boating, water sports, shopping, golfing, and skiing at nearby Gunstock. The property's long-term rental history and low operational expenses make it an attractive addition to any portfolio or an ideal owner-occupied property. Built in 1989, this property is zoned RES and offers a strong potential for return on investment. 48-hour notice is required for showings. Asking price is $535,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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