River Apartment Off Market
Thornton, NH 03285 - This well maintained six unit apartment building sits on 6+- acres with beautiful mountain views and 242 feet of frontage on the Mad River. It's an outstanding income producing investment with a net income that makes it well worthwhile owning! This well-maintained property has several long term tenants and one unit used exclusively as an Air B&B rental getting $650.00/week. The property has been updated through and through with forced hot water heat in the floors, a newer roof, a new gym, a coin-operated laundry for additional income and so much more. 5 units have ben renovated with new flooring, kitchen cabinets, appliances, countertops and bathroom updates. The boilers are all new as are the gutters on the front. The parking lot and entrance have been resurfaced and all trees blocking the views have been removed. Take a walk to the river and enjoy the peace and tranquility of one of New Hampshire's clean, clear rivers. - Located in a QOZ - Opportunity Zone, this income property purchased through a 1031 exchange can possibly eliminate any capital gains if held for 10 years. This property is located in a popular four season area which offers gorgeous mountains and rivers, skiing, snowmobiling, hiking, boating, swimming, a nearby university and countless attractions for visitors and year-round residents.Property Details
- Beds: 12
- Baths: 6.0
- Sq Feet: 4200
- Year Built: 1988
- Location: Mad River
- Acres: 6.000
- Riverview: Yes
- ViewTypes: River
- County: Grafton County
- Heat/AC: Hot Water,Radiant
- Roof: Composition Shingle
- Stories: 2.0
- Property Taxes: $8,140
- MLS #: 4870248
Location
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Ad Statistics:
| Ad Number : | 1721911 |
| Viewed: | 239 times |
| Added: | Jul 04, 2021 |
| Updated on: | Sep 07, 2021 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
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