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Woodstock NH Multi Family Homes $500000 to $1000000
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Price Change! reduced by $50,000 down 10% on December 5th 2024
Description:Price improvement with an updated Rider and Rents! Unit 1: $1300/month, Unit 2: $1100/month Unit 3: $900/month, all units are month to month with security deposits to be transferred at closing. Current CAP rate over 5% with significant potential for a better return on this investment. This property is located in a highly coveted area in the White Mountains with a luscious and level 1/2 acre lot along fresh water on the Lost River. Let your creative juices flow in this no zoning town ripe with year round tourism as well as a need for local housing. Maybe it's a ski house for a team or multiple families? Maybe a vacation rental x3? The choice is yours! All 3 units have a full kitchens, appliances and bathrooms, living rooms and bedroom spaces spacious enough for a pull out and Queen bed. Some upgrades cosmetically and hard wired smoke detectors. Paved driveway and easy to landscape. Significant value in the land along a fresh source of water and walking distance to downtown and local businesses. About 3 miles to Loon Mountain Resort and 12 miles to Cannon Mountain. Motivated Seller!