Listing Provided Courtesy Of:
Thomas Tremblay with Coldwell Banker LIFESTYLES- Lincoln.
Address
40 Red Sleigh Road Campton, NH
Price
$ 550,000
Property Attributes
  • MLS#4847892
  • TypeCommercial
  • CountyGRAFTON
  • CityCampton
  • AreaGrafton
  • NeighborhoodPemigewasset River
  • Zip03223
  • StyleHospitality,Investment,Multi-Family
  • Year Built1979
  • Taxes$ 6600
  • Price$ 550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5760
  • Lot Size5.9 Acres
Listing Provided Courtesy Of:
Thomas Tremblay with Coldwell Banker LIFESTYLES- Lincoln.
Data Source:
Northern New England Real Estate Network (NNEREN) - 85 - NH
Property Description

WHAT AN OPPORTUNITY-First off, this offering includes 10 condominium units in one building, 5 on the first floor and 5 on the second floor. This is a converted motel and each unit is 320 square feet with a bathroom, kitchenette and enclosed porch overlooking, and steps away from the Pemigewasset River in a beautiful, private and wooded site. All 10 units are rented in a neat package with good income figures and good return on your investment, whether you pay cash or finance, with a Capitalization Rate of 9.6%. Want your own place in the New Hampshire White Mountains? Convert some units for your own use and rent out the rest to offset expenses with a positive cash flow. Super convenient location right off I-93, 4 miles from Plymouth State University, 5 miles from shopping, 16 miles to Waterville Valley Resort and 18 miles to Loon Mountain. Financials available upon request.

Price History
2/19/2021 Listed $550,000

General Features

Area Description Mountain, Near Golf Course, Near Shopping, Near Skiing, Near Snowmobile Trails, Near Hospital, Near ATV Trails
Basement Yes
Building Name Red Sleigh Condominiums
Building Number 40
Construction Wood Frame
Cooling None
Electric 200 Amp, Generator
Features - Commercial Living Space Available, Showers, Heat Included, In-Unit Bathroom
Flood Zone Unknown
Heating Direct Vent, Gas Heater - Vented
Listing Area NH-Grafton
Net Income 52800
Parking Driveway, On-Site, Parking Spaces 11 - 20, Unassigned, Unpaved
Price Per Sq Ft 95.49
Road Frontage No
Roof Shingle - Asphalt
Sewer 1500+ Gallon, Concrete, On-Site Septic Exists, Private
Status Active
Tax Year 2020
Type Commercial Sale
Unit Number Units 21 thru 30
Utilities Cable, Gas - LP/Bottle, Internet - Cable, Telephone At Site
Water Community, Drilled Well, Included, Private
Year Built 1979
Zoning Residential

Interior Features

Basement Access Type Interior
Basement Description Concrete, Crawl Space, No Tenant Access
Equipment Smoke Detector, Sprinkler System, Generator - Standby
Gas - Natural Available No
Heating Fuel Gas - LP/Bottle
Total Number of Units 10

Exterior Features

Exterior Board and Batten, Wood
Foundation Concrete
Lot Size Area 5.9
Sprinkler Wet
Water Body Access Yes
Water Body Name Pemigewasset River
Water Body Type River

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 03223

Statistics provided by Inside Real Estate

Price
AVG $940K
$550K
Taxes
AVG $11,675
$6,600
Visits
AVG 37
70
Year Built
AVG 1940
1979

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