Downtown Lincoln NH. This 11 unit building has some recent updates to include new roof, updated wiring, painting, low taxes and great investment return. Be the one to own this multi-use property that currently has a restaurant and 1 commercial rental spaces and 9 one-bedroom apartments ....
Multi-family development including a house, cottage, and three mobile homes. Also includes a privately owned mobile home which pays lot rent. Gross revenues of $29, 700, net income of $19, 310 based on rent of all but the house which is occupied by the seller. Great opportunity to own a home to live in supported by strong and consistent rental income...all on beautiful Lost River Road!
Wonderful investment/income opportunity! Three family home with possibility of a fourth unit. Huge main level 4 bedroom apartment renovated with granite counters, refinished hardwood, new windows, carpet, tile and fresh paint. Upper level has 2 bedrooms, full bath and very spacious living area. Lower level unit also has two bedrooms full bath and totally renovated from studs out. There is an additional space in the lower level with its own walk out which could make a great studio apartment with a separate space for a full bath. All units come with appliances including washers and dryers in each. This property has a great rental history with steady tenants without a whole lot of maintenance. Best of all is the fantastic location where you can walk to town, the town playground and to the river to cool off. Right down the road from Loon and Cannon, perfect for a second home, generate income by renting out three spaces and turn the fourth into your own little getaway.
Listed by Steve Zalla of Coldwell Banker LinWood Real Estate
Looking for a great investment property in tourist resort town of Lincoln? Well, look no further because this is your golden opportunity. Two small cabins with proven rental income and two bedroom one bath house for only $159, 900.Walking distance to Whales Tail, restaurants, hiking trails, etc., short drive to Loon Mountain & Cannon Mountain in Franconia Notch State Park. The possibilities are endless! Live in the house and continue to rent out the cabins or stay in one of the cabins and rent out the other properties. Let your mortgage be paid by your rental income. Current owner has maintained this property for over 29 years and made many improvements over this time span. Now it's time to bring your ideas and imagination to the table.Don't let this opportunity pass you by..