Step back in time while enjoying the convenience of village living at this classic Bethlehem multi-family property. Built in 1880, this spacious building offers over 3,500 square feet of unique living space and features multiple living arrangements, making it an excellent opportunity for investors, owner-occupants, or those seeking rental income potential. Situated on a manageable, well-kept, 0.37-acre lot in the heart of Bethlehem, you'll appreciate easy access to local shops, restaurants, golf, hiking, skiing, and all that the White Mountains region has to offer. With 7 bedrooms and 6.5 bathrooms spread throughout the property, there is ample space and flexibility. With a newer roof and heating system, two major components have been addressed. Character and charm from a bygone era blend with the potential to modernize and add value. Whether you're looking to expand your investment portfolio, create a family compound, or take advantage of Bethlehem's strong tourism market, this property offers endless possibilities. Conveniently located near downtown Bethlehem, Franconia Notch State Park, Cannon Mountain, Bretton Woods, and countless outdoor recreation opportunities, this is a rare chance to own a substantial multi-family property in one of the North Country's most desirable communities.
This building is available for sale individually, or as part of a 19 Unit Grafton County Portfolio. Strategic 8-Plex Value-Add featuring a 5-unit primary building and a detached 3-unit structure. Offered individually, with the exclusive option to acquire as part of a 19-unit Master Portfolio. The exterior is fortified with a durable metal roof to withstand winter shear loads. Stabilized at 2026 market rates, it projects Pro Forma Gross Income over $145,000 annually. Offered strictly 'As-Is' with a built-in discount accounting for localized remediation needed in two offline units. Core structure is robust; exterior simply needs a cosmetic paint refresh. Lockbox for easy access of empty units; full walkthrough upon accepted offer.
This building is available for sale individually, or as part of a 19 Unit Grafton County Portfolio. High-Yield 4-unit repositioning opportunity. Heavy capital improvements include a new metal roof (2020), rebuilt exterior 3rd-floor egress (2024), and a high-efficiency propane furnace (2025). Three of the four apartments were fully renovated in 2024. Operating with strategic vacancy, the property projects highly lucrative Pro Forma Gross Income over $80,000 annually at 2026 market rates. Aged exterior siding is strictly cosmetic, needing only a powerwash to shine, allowing capital focus on forced appreciation. Lockbox for easy showings of empty units; full walkthrough upon accepted offer.
Bethlehem is located in New Hampshire. Bethlehem, New Hampshire has a population of 2,518. Bethlehem is less family-centric than the surrounding county with 17.56% of the households containing married families with children. The county average for households married with children is 24.41%.
The median household income in Bethlehem, New Hampshire is $68,929. The median household income for the surrounding county is $73,755 compared to the national median of $69,021. The median age of people living in Bethlehem is 53.2 years.
The average high temperature in July is 78.1 degrees, with an average low temperature in January of 2.6 degrees. The average rainfall is approximately 39.4 inches per year, with 86.4 inches of snow per year.
