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603-860-0758
W Sgman Real Estate
5 9 Merchant St, Walpole, NH 03609
- $1,065,000
- 11,690
- SqFt
Listing courtesy of Robert Inman from RE/MAX Town & Country. ()
Listing sold by from Four Seasons Sotheby's International Realty
- Sold Price
- $1,065,000
- List Price
- $1,250,000
- Status
- CLOSED
- MLS#
- 5069029
- Closing Date
- Jul 27, 2026
- Living Area
- 11,690
- Lot Size
- 14,375
- Acres
- 0.33
- Year Built
- 1892
Property Description
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.
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Additional Information
- Taxes
- $25,351
- Listing Agent
- Robert Inman
- Listing Office
- RE/MAX Town & Country
- Style
- Apartment
- Electric
- Circuit Breakers
- Utilities
- Cable Available
- Basement
- Dirt Floor, Exterior Entry
- Foundation
- Granite
- Sewer
- Public Sewer
- Roof
- Metal, Asphalt
- Zoning
- residential
- Water
- Public
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