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Listed by Allen Meringolo • Dwellings Residential • Phone: 301-651-1944
$ 1,090,000
Est. payment /mo
Active
360 School ST Rumney, NH 03266
7,835 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,835 sqft
Price per Sqft $139
MLS Listing ID 5039247
Construction Status Existing
Year Built 1950
Lot Size 1.000 Acres
Acres 1.0
Property Description
Well-maintained 7-unit multifamily property in Rumney, NH, located just outside downtown Plymouth and near major employers including Plymouth State University and Speare Memorial Hospital as well as major ski & tourist areas. The building includes a mix of 1BR, 2BR, and 3BR units with a strong history of occupancy and stable rental income. Five of the seven units have been renovated, and recent capital projects include building system upgrades, a full basement drainage project, and deck and stairway repairs. Tenants benefit from convenient access to local services and year-round outdoor recreation in the White Mountains region. Investors benefit from a high-demand rental market with limited supply and continued upside. Additional opportunities include: renovate two additional units and increase income; explore the addition of an 8th unit (buyer to verify); and convert the large unfinished basement into rentable storage (buyer to verify). A solid income-producing asset in a supply-constrained Central NH market with long-term demographic and economic tailwinds. Diligence materials—including rent roll, financials, and capex records—available upon request. Showings available by appointment only for qualified buyers. The listing agent holds an ownership interest in the property.
Location
State NH
County Nh-grafton
Area Nh-Grafton
Zoning No zoning
Rooms
Basement Entrance Walk-up
Basement Bulkhead, Crawl Space, Insulated, Stairs - Exterior, Unfinished, Exterior Access
Interior
Cooling None
Exterior
Utilities Available Cable
Roof Type Shingle - Asphalt
Building
Story 3
Foundation Concrete, Stone
Sewer 1500+ Gallon, Leach Field - On-Site, On-Site Septic Exists, Septic
Architectural Style Multi-Family
Construction Status Existing

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