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Listed by Katie Tusi • White Water Realty Group LLC
$499,900
Est. payment /mo
2,750 SqFt
UPDATED:
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
Virtual Tour https://www.hommati.com/3DTour-AerialVideo/unbranded/4-Knapp-Rd-Tilton-Nh-03276--HPI60151106
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