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 Bristolâ??s shops, restaurants, and Kelley Park, tenants will appreciate the convenience of in-town living while enjoying easy access to some of New Hampshireâ??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 youâ??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 Regionâ??s most desirable communities.
Three unit multifamily building. Three bedrooms each. New roof 2021, Unit 1 new heaters and windows. Unit 2 new heaters, Unit 3 new gas stove. Adjacent to the Sugar Hill State Forest. Property is located in a school zone withadditional storage space onsite. It is just a short walk to the school, community center and downtown. Great opportunity for investors or owner occupied. First floor is currently vacant.
COMMERCIAL OPPORTUNITY--This well maintained 4 unit multi-use building offers a reliable stream of income with great exposure on Lake Street in Bristol, the gateway to Newfound Lake. Divided into 4 units with extensive renovations in 2018, the main floor commercial space is comprised of 5 rooms with a lobby/reception area, 1/2 bath & laundry hookups. The basement level is a professional office with 3 private offices, a common work room with built-in stations, conference room, 1/2 bath & kitchen area. The 2nd floor is beautiful 3 bedroom apartment with palladium windows in the kitchen & the living room. All cosmetics including kitchen were redone in 2018. The 3rd floor is a 2 bedroom apartment also new in 2018. The level parking lot is paved with room for 15+ cars. An ideal location for your business with a steady stream of income!
NEWFOUND LAKE FAMILY COMPOUND: Owned by the same family for three generations, this unique offering includes a year round home with seasonal cottage and 120 feet of privately owned frontage on the shores of Newfound Lake; across the street is a garage with 1 bedroom year round apartment above, next to that, another seasonal cottage and adjacent to that, another lot with two cottages in need of removal but they have been left to preserve the "grandfathered status" of the footprints. All this on 3 separate lots comprising .60+/- acres all together. The view from the main house looks out over the broadest part of the lake. There is significant waterfront development including a concrete pier in the lake that could not be done by today's standards. The lot across the street provides a place for a future septic system. This property is owned as a corporation; if a buyer was interested in continuing that ownership model the seller would transfer all the shares of the corporation. It is a model that could allow for separate ownership of the buildings: sell "Shares of the corporation" . This property offers limitless possibilities and a place for your family to make memories at the lake! Property is being sold in as-is condition. The seller shall not be requested or required to make repairs as a condition of sale. Represented square footage, room count & bath count is for only main house & apt which are both year round. It does not include square footage or room & bath counts in the 2 seasonal cottages.
Rare investment opportunity featuring a 9-unit multifamily property in a highly desirable walk-to-town location. The building offers a strong unit mix of six 1-bedroom units and three 2-bedroom units, with off-street parking and on-site laundry in the basement for tenant convenience. Several long-term tenants provide stability and consistent rental history, some 15 -20 years. Ideally situated within walking distance to local schools and downtown amenities including shopping and restaurants, and just minutes from outdoor recreation at 2 town beaches and at Wellington State Park on Newfound Lake. Enjoy year-round appeal with close proximity to Ragged Mountain Resort. A prime opportunity for investors seeking location, convenience, and steady income potential.
Bristol is located in New Hampshire. Bristol, New Hampshire has a population of 3,248. Bristol is more family-centric than the surrounding county with 28.13% of the households containing married families with children. The county average for households married with children is 24.41%.
The median household income in Bristol, New Hampshire is $67,985. 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 Bristol is 42.8 years.
The average high temperature in July is 80.1 degrees, with an average low temperature in January of 5.4 degrees. The average rainfall is approximately 46 inches per year, with 75.9 inches of snow per year.
