2 Wentworth Ave Gorham, NH 03581

This exceptional 10-unit apartment building, located at 2 Wentworth Ave in Gorham, New Hampshire, presents a compelling investment opportunity. Boasting a substantial 24,178 square feet, this three-story building, constructed in 1920 and extensively renovated between 2012 and 2014, offers a strong 12.27% cap rate and a healthy net operating income (NOI) of $98,000. The asking price is $799,000, translating to $79,900 per unit. Each of the ten units benefits from ample parking (14 spaces total), and the building features convenient coin-operated laundry facilities on the first floor. Safety is prioritized with a monitored fire alarm and sprinkler system. The property is equipped with two boilers for efficient heating. Situated on a 0.21-acre lot, this property is zoned RB and offers significant potential for continued strong returns. This is a rare opportunity to acquire a well-maintained, income-producing multifamily property in a desirable New Hampshire location. Don't miss this chance to add a high-performing asset to your portfolio.