Listing Provided Courtesy Of:
Thomas Tremblay with Coldwell Banker LIFESTYLES- Lincoln.
40 Red Sleigh Road Campton, NH
$ 550,000
Property Attributes
  • MLS#4847897
  • TypeMulti-Family
  • CountyGRAFTON
  • CityCampton
  • AreaGrafton
  • NeighborhoodRed Sleigh Condominiums
  • Zip03223
  • StyleApartment Building,Conversion,Hotel,Multi-Family,M
  • Year Built1979
  • Taxes$ 6600
  • Price$ 550,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage416
  • 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 Trail
Basement Yes
Block 9
Construction Wood Frame
Construction Status Existing
Cooling None
Electric 200 Amp, Circuit Breaker(s)
Exterior Features Porch, Porch - Covered, Porch - Enclosed, Beach Access
Flood Zone Unknown
Flooring Carpet, Ceramic Tile, Laminate, Vinyl
Garage No
HOA Fee 1750
HOA Fee Frequency Monthly
Heating Direct Vent, Gas Heater - Vented
Listing Area NH-Grafton
Net Income 52800
Parking Parking Spaces 11 - 20
Price Per Sq Ft 1718.75
Road Frontage No
Roof Shingle - Asphalt
Sewer 1500+ Gallon, Community, Septic
Status Active
Stories 2
Style Apartment Building, Conversion, Hotel, Multi-Family, Multi-Level
Tax Year 2020
Total Heat Units 10
Total Rooms Above Ground 10
Trash Dumpster
Type Multi-Family
Unit 1 Level Number 1
Unit Number Units 21 thru 30
Utilities Cable, Gas - LP/Bottle, Internet - Cable
Water Community, Drilled Well, On-Site Well Exists, Private
Water Heater Gas, Gas - LP/Bottle, On Demand
Year Built 1979
Zoning Residential

Interior Features

Basement Access Type Interior
Basement Description Concrete, Crawl Space
Heating Fuel Gas - LP/Bottle
Sqft-apx Fin Above Grade 320
Sqft-apx Total 416
Sqft-apx Total Finished 320
Sqft-apx Unfn Above Grade 96
Subdivision Red Sleigh Condominiums
Total 1 Br Units 10
Total Full Baths 10
Total Number of Units 10
Total Ranges 10
Total Refrigerators 10
Total Water Heaters 2
Unit 1 Apx Sqft 320
Unit 1 Bedrooms 1
Unit 1 Info Appliances Included, Electric, Heat, Heat - Gas, Heat Included, Hot Water, Porch, Porch - Screened, Range - Electric, Refrigerator, Smoke Detector
Unit 1 Rooms 1

Exterior Features

Unit 1 Baths 1
Driveway Gravel
Exterior Board and Batten, Wood
Foundation Below Frost Line, Concrete, Poured Concrete
Lot 9
Lot Description Condo Development, Country Setting, River, River Frontage, Water View, Waterfront, Wooded, Beach Access
Lot Size Area 5.9
Roads Association, Gravel, Private, Privately Maintained
Total Gas Meters 1
Unit 1 Style 10 identical units
Water Body Access Yes
Water Body Name Pemigewasset River
Water Body Type River


  • 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 Multi-Family Average in 03223

Statistics provided by Inside Real Estate

AVG $960K
AVG $15,298
AVG 28
Year Built
AVG 1960

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