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Josh Gray

hello@joshgray.realtor +1(979) 450-9442

Listed by Anthony Dolan • Dolan Real Estate • Cell: 603-359-9881

$950,000

Est. payment - /mo

8 Beds

5 Baths

3,826 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,826 sqft

Price per Sqft $248

MLS Listing ID 5115746

Bedrooms 8

Full Baths 5

Construction Status Existing

Year Built 1900

Annual Tax Amount $5,370

Tax Year 2024

Lot Size 1.400 Acres

Acres 1.4

Property Description

An exceptional opportunity to acquire an established five-unit multifamily investment in desirable New London, New Hampshire. Situated on approximately 1.4 acres along a quiet dead-end road, this property combines the appeal of a peaceful residential setting with convenient access to Pleasant Lake, downtown New London, Interstate 89, and the Upper Valley. With a history of full occupancy and low tenant turnover, the property offers an established rental income stream and attractive potential for future growth. The five residential units include two one-bedroom apartments and three two-bedroom apartments, providing a desirable mix of rental accommodations. Current rents offer an opportunity for increased revenue over time, further strengthening the property's long-term investment potential. Residents enjoy proximity to local shopping, dining, recreation, and the amenities of the Lake Sunapee Region, along with convenient commuting access to employment centers throughout the Upper Valley. Whether expanding an existing real estate portfolio or establishing a cornerstone investment, 112 Hillcrest Road presents a compelling combination of location, income stability, and future upside in one of New Hampshire's desirable communities.

Location

State NH

County Nh-merrimack

Area Nh-Merrimack

Zoning R1 W/O

Rooms

Basement Crawl Space

Interior

Cooling None

Exterior

Utilities Available Cable

Roof Type Asphalt Shingle

Building

Story 3

Sewer Private, Septic

Architectural Style Multi-Family

Construction Status Existing

Schools

Elementary Schools Kearsarge Elem New London

Middle Schools Kearsarge Regional Middle Sch

High Schools Kearsarge Regional Hs

School District Kearsarge Sch Dst Sau #65

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Josh Gray

+1(979) 450-9442

Agent License ID: 067254, 080080, 082.0135079

112 Hillcrest DR New London, NH 03257

Josh Gray

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Nearby Locations

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