25 Cedar St, Bristol, NH 03222
- $499,900
- 4,205
- SqFt
Listing courtesy of Vicky Galkina from BHHS Verani Wolfeboro. (Phone: 207-228-3881)
- List Price
- $499,900
- Status
- ACTIVE
- MLS#
- 5095389
- Subtype
- Residential Income
- Style
- Colonial
- Year Built
- 1820
- Living Area
- 4,205
- Lot Size
- 43,124
- Acres
- 0.99
Property Description
Priced below assessed value! Exceptional opportunity to own a three-unit multifamily property in the heart of Bristol, NH! Situated on a generous acre in-town lot with public water and sewer, this versatile property offers a rare combination of income potential, recent capital improvements, and a highly desirable location. The building features three units consisting of a spacious 5-bedroom apartment, a 2-bedroom apartment, and a 1-bedroom apartment. All but one unit are currently vacant, providing flexibility for an owner-occupant, investor, or those looking to establish market rents. Numerous recent updates help minimize future maintenance concerns, including a new roof with a transferable 30-year warranty, new oil tank, new front entry door, and the addition of pellet stoves so that each unit now enjoys its own supplemental heat source. Located within walking distance to downtown Bristol’s shops, restaurants, and Kelley Park, tenants will appreciate the convenience of in-town living while enjoying easy access to some of New Hampshire’s most sought-after outdoor destinations. Spend summer days at Wellington State Park on crystal-clear Newfound Lake, known for its pristine waters and sandy beach, or explore the natural beauty of nearby Profile Falls. Bristol is also served by a highly regarded school district recognized for its personalized educational programs and strong sense of community. Whether you’re seeking an owner-occupied investment with rental income to help offset mortgage costs or a value-add opportunity to expand your portfolio, this multifamily property offers outstanding potential in one of the Lakes Region’s most desirable communities.
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Additional Information
- Taxes
- $6,593
- Property Description
- Colonial
- Zoning
- VR
- Heating
- Pellet Stove, Forced Air, Hot Water
- Air Conditioning
- None
- Levels
- Three Or More
- Roof
- Shingle
- Foundation
- Granite
- Garage Spaces
- 2
- School District
- Newfound Sch Dst SAU 4
- Elementary School
- Bristol Elementary School
- Middle School
- Newfound Memorial Middle Sch
- High School
- Newfound Regional High Sch
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