Prime Investment Opportunity!! Donâ??t miss this well-maintained and professionally managed 6-unit apartment complex set on over 3 acres with more than 500 feet of frontage along the Swift River. The property includes five 2-bedroom, 2-bath townhouse-style units, each approximately 1,200 square feet, and one spacious 3-bedroom, 2-bath unit with about 1,700 square feet. Two units have patios, the rest have decks. All units are in great condition and produce strong cash flow. Recent improvements include a new septic system for one building and a newer drilled well, tree removal, driveway regrading and other items. Radiant heat on the 1st level and baseboard hot water on the 2nd level in all units by propane. Gross annual income is approximately $121000. Tenants pay their own utilities and can enjoy the common area at the river. Conveniently located just off Route 113 and close to town, this property combines a strong return with long-term potential.
Tamworth is located in New Hampshire. Tamworth, New Hampshire has a population of 2,834. Tamworth is more family-centric than the surrounding county with 40.19% of the households containing married families with children. The county average for households married with children is 18.84%.
The median household income in Tamworth, New Hampshire is $56,700. The median household income for the surrounding county is $70,873 compared to the national median of $69,021. The median age of people living in Tamworth is 40.9 years.
The average high temperature in July is 79.5 degrees, with an average low temperature in January of 6.7 degrees. The average rainfall is approximately 51.2 inches per year, with 75.8 inches of snow per year.
