112 Hillcrest Dr, New London, NH 03257

$950,000
3,826
SqFt

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Listing courtesy of Anthony Dolan from Dolan Real Estate. (Cell: 603-359-9881)

List Price
$950,000
Status
ACTIVE
MLS#
5115746
Subtype
Residential Income
Style
Multi-Family
Year Built
1900
Living Area
3,826
Lot Size
60,984
Acres
1.40

Property Description

An exceptional opportunity to acquire an established five-unit multifamily investment in desirable New London, New Hampshire. Situated on approximately 1.4 acres along a quiet dead-end road, this property combines the appeal of a peaceful residential setting with convenient access to Pleasant Lake, downtown New London, Interstate 89, and the Upper Valley. With a history of full occupancy and low tenant turnover, the property offers an established rental income stream and attractive potential for future growth. The five residential units include two one-bedroom apartments and three two-bedroom apartments, providing a desirable mix of rental accommodations. Current rents offer an opportunity for increased revenue over time, further strengthening the property's long-term investment potential. Residents enjoy proximity to local shopping, dining, recreation, and the amenities of the Lake Sunapee Region, along with convenient commuting access to employment centers throughout the Upper Valley. Whether expanding an existing real estate portfolio or establishing a cornerstone investment, 112 Hillcrest Road presents a compelling combination of location, income stability, and future upside in one of New Hampshire's desirable communities.

Additional Information

Taxes
$5,370
Property Description
Multi-Family
Zoning
R1 W/O
Heating
Hot Water
Air Conditioning
None
Levels
Three Or More
Roof
Asphalt
Foundation
Other
School District
Kearsarge Sch Dst SAU #65
Elementary School
Kearsarge Elem New London
Middle School
Kearsarge Regional Middle Sch
High School
Kearsarge Regional HS

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