Fully rented 6 unit multi family property. In town location. Town water and sewer. Fully occupied, Month to month tenants.
Once the Ripley family home, owners of The Troy Blanket Mill, who had the longest continuous family ownership of a textile manufacture company in NH. Many of the elegant features remain with the building now attractively serving as the dwelling for 5 families. The grand oak staircase and paneled walls, intricate filigree wood details, tile fireplaces, stain glass windows and hardwood floors are some of the features that standout among the rest. The 3rd story of the building is app. 1250 sq. feet and an open canvas with views over the landscape. All permits are in place for the construction of 2 additional 1-bedroom apartments. There is also a 2-Car garage that is currently used as storage by the owners, but could potentially be rented. The parking is paved and has space for 11 vehicles. The tenants enjoy the quick 10 minute drive into Keene, or the short walk to the Troy Common where there are many activities. This is an investors opportunity to complete the work that has been approved and become owners of a profitable 7 unit apartment house. Projected net annual income includes garage rental and the 2 additional apartments (proposed floor plan layout in photos).
Troy is located in New Hampshire. Troy, New Hampshire has a population of 2,182. Troy is more family-centric than the surrounding county with 26.1% of the households containing married families with children. The county average for households married with children is 25.25%.
The median household income in Troy, New Hampshire is $60,200. The median household income for the surrounding county is $60,148 compared to the national median of $57,652. The median age of people living in Troy is 41.9 years.
The average high temperature in July is 79.1 degrees, with an average low temperature in January of 11 degrees. The average rainfall is approximately 46.3 inches per year, with 54.6 inches of snow per year.
