Listing courtesy of Kate Wheeler, Hammond Wheeler Realty Cell: 603-254-7041
626 Upper Mad River Road, Thornton, NH, 03285
30 rooms
12 beds
6 Full baths
1990
Multi-Family, Multi-Level
4,680 sqft
Excellent investment opportunity at the gateway of the White Mountains. Easterly views, frontage on the Mad River, only 10 minutes to Waterville Valley and 5 minutes to Welch-Dickey trailhead and the WMNF Eddy! Substantial upgrades done in the past 5-6 years including full renovations of 5 of 6 units, all appliances replaced, all 3 boilers replaced, parking lot repaved, new commercial coin-op laundry in basement (for additional monthly income), new well pump. Full occupancy with several having long rental history. 4 units with signed leases slated for a rate increase to $1,500 in Sept/October. Assisted showings required. Minimum 48hrs notice, please. Drive-bys are ok, but please don't pull in/park in parking area unless arriving for scheduled showing.
Status:
Active
Type:
Multi-family
Units:
6
Zoning:
GENERA
Frontage:
583
Heating:
Oil, Baseboard, Hot Water, Multi Zone
Cooling:
None
Basement:
Concrete, Concrete Floor, Full, Stairs - Exterior, Storage - Locked, Storage Space, Unfinished, Walkout, Exterior Access
Parking:
Parking Spaces 11 - 20, Paved, Unassigned
Acreage:
6
Est. Taxes:
$8,484
Assessment
$408,600
Lot Description:
Hilly,Mountain View,River,River Frontage,Trail/Near Trail,View
Elementary School:
Thornton Central School
Middle School:
Thornton Central School
High School:
Plymouth Regional High School
School District:
SAU 2 and 48
MLS #:
5003799