4-6 Knapp ST Under Contract

Tilton,NH 03276

$ 499900

- Bed

- Bath

2750 SqFt


Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,750 sqft

Price per Sqft $181

MLS Listing ID 5054395

Construction Status Existing

Year Built 1980

Annual Tax Amount $4,194

Tax Year 2024

Lot Size 0.740 Acres

Acres 0.74

Property Description

Opportunity to own a 4-unit multifamily on a spacious .81-acre lot featuring two driveways, tons of parking for tenants, and a detached 3-bay garage. Garage has separate metered electric—ideal for landlord storage or potential rental income. The property consists of four 1-bedroom units, each offering a nice open layout. Two first floor units are currently vacant: one is nearly move-in ready, the other in need of renovation. Two 2nd-floor units are occupied by long-term tenants, providing immediate cash flow. Recent upgrades include a new roof and new porches serving the second-floor apartments. A designated space in the second-floor hallway offers a space for a coin-operated washer and dryer, adding another income stream. One natural gas-fueled heating system for the property provides heat & hot water, which are the landlord's responsibility. Tenants are responsible for their electricity and any additional personal utilities. While some maintenance remains, the property presents a strong value-add opportunity. Ideal for investors looking to remodel and complete modest renovations to increase rental income.

Location

State NH

County Nh-belknap

Area Nh-Belknap

Zoning MIXED

Interior

Cooling None

Flooring Carpet,Laminate

Exterior

Garage Spaces 3.0

Utilities Available Cable,Gas On-Site

Roof Type Architectural Shingle

Building

Story 2

Sewer Public

Architectural Style Multi-Family,Multi-Level

Construction Status Existing

Schools

School District Winnisquam Regional

Others

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