Investment opportunity in the heart of Henniker Village! This four-unit property offers four two-bedroom apartments, with three units currently occupied and one newly vacant unit that has some freshly painted rooms. The property will benefit from additional updating, giving its next owner an opportunity to make improvements over time. Notable features include public water and sewer, onsite parking, and an asphalt-shingle roof that is eight years old. The seller is completing targeted exterior maintenance and painting in areas needing attention. Conveniently located close to downtown Henniker, New England College, local shops, restaurants, and area amenities. An opportunity for an investor seeking an established multifamily property with value-add potential, or for an owner-occupant interested in living in one unit while maintaining three additional rental units.
TURN KEY INVESTMENT PROPERTY! Discover this exceptional income-producing property, now listed at just $769,000. This multifamily property, in the heart of Henniker, delivers strong and consistent cash flow with 11 individually rented bedrooms, each generating separate rental income. Tenants pay their own heat and electricity, keeping landlord expenses low and making this a turnkey addition to any portfolio. The property has been well maintained and features numerous updates, including a new heating system, new roof, freshly painted interior and exterior areas, and various interior upgrades. Each bedroom is equipped with separate electric baseboard heat and its own thermostat, providing added efficiency and tenant comfort. Many long-term tenants and ongoing lease renewals, contribute to the property's stability and performance. Two on-site parking areas offer ample tenant parking, while the property's prime location provides convenient access to local amenities, New England College, Pats Peak Ski Area, and major commuter routes. With limited multi-family inventory available in Henniker, this is an excellent opportunity to own a solid income-producing property, in a highly desirable rental market. Listing agent is related to the seller.
Henniker is located in New Hampshire. Henniker, New Hampshire has a population of 5,671. Henniker is less family-centric than the surrounding county with 22.83% of the households containing married families with children. The county average for households married with children is 29.34%.
The median household income in Henniker, New Hampshire is $79,500. The median household income for the surrounding county is $82,457 compared to the national median of $69,021. The median age of people living in Henniker is 33 years.
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 9.3 degrees. The average rainfall is approximately 45.2 inches per year, with 67.4 inches of snow per year.
