For Sale
$535,000

14 Hurricane Rd Belmont, NH 03220

Three-unit rental, excellent ROI.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional three-unit multifamily property in Belmont, New Hampshire presents a compelling investment opportunity. Situated on 1.21 acres, this two-story building boasts a total of 2,288 square feet and offers a blend of rural tranquility and convenient access to major commuter routes (Routes 3, I-93, and 132), as well as the vibrant downtown areas of Belmont, Laconia, and Tilton. The property comprises one three-bedroom, one-bathroom unit on the second floor and two mirror-image one-bedroom, one-bathroom units on the ground floor. All units benefit from newer Rinnai propane monitors and electric baseboard heat for backup. Significant improvements completed between 2017 and 2018 include a new architectural shingled roof, vinyl siding, and windows. The property also features ample off-street parking. Its prime location offers proximity to Silver Lake, Lakes Winnisquam and Winnipesaukee, providing easy access to a wealth of recreational activities, including boating, water sports, shopping, golfing, and skiing at nearby Gunstock. The property's long-term rental history and low operational expenses make it an attractive addition to any portfolio or an ideal owner-occupied property. Built in 1989, this property is zoned RES and offers a strong potential for return on investment. 48-hour notice is required for showings. Asking price is $535,000.

Highlights

  • $535,000 asking price for a three-unit multifamily property.
  • Three-unit multifamily building totaling 2,288 square feet, built in 1989.
  • Located on 1.21 acres in Belmont, NH, close to major commuter routes and amenities.
  • Features one 3BR/1BA unit and two 1BR/1BA units.
  • Recent improvements include a new roof, siding, windows, and Rinnai propane heaters.

Property Details for 14 Hurricane Rd

Property type
Residential income homes
Square Feet
2,288 SF
Year Built
1989
Buildings
1
Stories
2
Lot Size (sq. ft)
52,708 SF
Units
3

Location Insight

City
Belmont
County
Belknap
State
New Hampshire
Latitude
43.4723197
Longitude
-71.5133706

FAQs

What type of property is this?
Residential income home - Three-unit rental, excellent ROI.
Where is the residential income home located?
The property is located at 14 Hurricane Rd Belmont, NH.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: $535,000 asking price for a three-unit multifamily property.; Three-unit multifamily building totaling 2,288 square feet, built in 1989.; Located on 1.21 acres in Belmont, NH, close to major commuter routes and amenities.
How can I contact the broker?
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14 Hurricane Rd
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