
Walpole, NH5 - 9 Merchant Street
Price$1,250,000
Est. Mortgage: $/month
MLS Number 5069029
- Multifamily
- Units 14
- Acreage 0.33
- Square Feet 11,690
- Area NH-Cheshire
Excellent 14-Unit Investment Opportunity - North Walpole, NH Discover a solid, income-producing property that checks all the boxes for both stability and future upside! These two side-by-side apartment buildings offer a total of 13 well-maintained units and a 14th unit to be finished. The owners have already completed updates in nearly every apartment, featuring modern kitchens, fresh paint, new flooring, and other thoughtful improvements-only one unit remains ready for your finishing touch. With long-term attentive tenants, these buildings run smoothly and enjoy an excellent reputation in the neighborhood. Additional highlights include a one-car garage that can generate extra income and a huge unfinished area spanning two upper floors-perfect for adding a spacious new apartment or two smaller units. Current rents include some utilities, but with the individual meters that are already installed, there's potential to transition to tenant-paid utilities and further increase your net operating income. This is a turnkey investment with strong performance, proven stability, and clear pathways for growth.
Listed by Robert Inman of RE/MAX Town & Country
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