597 Mt Moosilauke Highway

597 Mt Moosilauke Highway

Rumney, NH 03266

$620,000
Last Sold Price
10
Beds
10
Baths
4,664 Sq. Ft.
$133 / Sq. Ft.
4,664
Sq. Ft.
$133
per Sq. Ft.

Closed 3/31/23

Closed 3/31/23

Description

Investors take notice of this golden opportunity to acquire a one-of-a-kind lucrative investment. The current cap rate is at 9.13% with a potential well over 13%. For $700k, get 10 units built in 1960 for under 70k a unit, and also 12 acres that are potentially developable with possibilities of additional multifamily, townhouse homes, single-family development, and more. If that isn’t exciting enough, have the potential for condo conversions or change the property into a full year-round Airbnb to...Investors take notice of this golden opportunity to acquire a one-of-a-kind lucrative investment. The current cap rate is at 9.13% with a potential well over 13%. For $700k, get 10 units built in 1960 for under 70k a unit, and also 12 acres that are potentially developable with possibilities of additional multifamily, townhouse homes, single-family development, and more. If that isn’t exciting enough, have the potential for condo conversions or change the property into a full year-round Airbnb to maximize cash flow with limitless possibilities. The investment has seen countless renovations throughout the years which includes a new 2022 efficient heating system with new vents throughout all units to reduce your heating costs. Newer windows on both the interior and exterior help with insulation and also enjoy a newer lifetime metal roof that you won’t ever need to worry about. Many units have been completely renovated with a new kitchen, new bath, and new flooring. Tenants enjoy plenty of parking, a spacious backyard, trails right from their home, quietness & privacy, and a convenient location. The location could not be more convenient - close to Waterville Ski Valley, Owl’s Nest Resort (which hosts the only Nicklaus Design golf course in NH), Squam Lake, world-famous Rumney rock climbing, and hiking trails.
  1. Listed by Andy Yau • RE/MAX Shoreline

Sold By Bean Group / Franklin

Property Details for 597 Mt Moosilauke Highway

Zoning
commercial

Location

Add your commute
LISTING UPDATED: 04/01/2023 12:32 AM

Property Details for 597 Mt Moosilauke Highway

StatusClosed
MLS #4937078
Days on Market77
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1960
Lot Size12.00 AC / 522,720 SF
CountyGrafton County

Location

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Building Information for 597 Mt Moosilauke Highway

Stories1Residences10Year Built1960Building Size-Lot Size12.00 AC / 522,720 SF

Payment Calculator

$3,384 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,384

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 597 Mt Moosilauke Highway

Summary
Location and General Information
  • City: Rumney
  • County: NH-Grafton
  • Latitude: 43.781080968822245
  • Longitude: -71.778244000000015
  • Road Frontage: Yes
  • Seasonal: No
  • State: NH
  • Street Designation: Highway
  • Map: 16
  • Zip Code: 03266
Taxes and HOA Information
  • Taxes TBD: Unknown
School Information
  • School - High: Plymouth Regional High School
  • School - District: Trumbull School District
  • School - Elementary: Russell Elementary School
  • School - Middle/Jr: Russell Elementary School
Parking
  • Garage: No
  • Driveway: Other, Paved
Property
Lot Information
  • Block: 4
  • Lot: 7
  • Lot - Sqft: 522720.0
  • Lot Size Acres: 12.0
  • Road Frontage Length: 414.0
  • Square Feet Apx Finished Above Grade: 4664.0
  • Square Feet Apx Finished AG Source: Public Records
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Finished BG Source: Public Records
  • Square Feet Apx Total: 4664.0
  • Square Feet Apx Total Finished: 4664.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished AG Source: Public Records
  • Square Feet Apx Unfinished Below Grade: 0.0
  • Square Feet Apx Unfinished BG Source: Public Records
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • Foundation: Slab - Concrete
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1960
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Leach Field
  • Utilities: Cable - Available, High Speed Intrnt -Avail, Internet - Cable
  • Separate Utilities: No
Interior and Exterior Features
Exterior Features
  • Roads: Paved, Public
  • Roof: Metal
Interior Features
  • Basement: No
  • Heat Fuel: Gas - Natural
  • Heating: Hot Water
  • Cooling: Other
  • Total Stories: 1
Multi Family
Multi-Family Information
  • Total Units: 10
  • Total 1 BR Units: 10
  • Total 2 BR Units: 0
  • Total 3+ BR Units: 0
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Rooms: 3
Unit 2
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 3
  • Unit 2 Bedrooms: 1
Unit 3
  • Unit 3 Baths: 1
  • Unit 3 Rooms: 3
  • Unit 3 Bedrooms: 1
Unit 4
  • Unit 4 Rooms: 3
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 1
Unit 5
  • Unit 5 Baths: 1
  • Unit 5 Bedrooms: 1
  • Unit 5 Rooms: 3
Unit 6
  • Unit 6 Baths: 1
  • Unit 6 Bedrooms: 1
  • Unit 6 Rooms: 3
Unit 7
  • Unit 7 Bedrooms: 1
  • Unit 7 Rooms: 3
  • Unit 7 Baths: 1
Unit 8
  • Unit 8 Baths: 3
  • Unit 8 Bedrooms: 3
  • Unit 8 Rooms: 3

Property History for 597 Mt Moosilauke Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 597 Mt Moosilauke Highway

This home is within Rumney School District.
Rating
School
Type
Grades
Distance
Russell Elementary School
Public - K to 8
Plymouth Regional High School
Public - 9 to 12
Calvary Christian School
Private - 5 to 9
Rating
School
Distance
Russell Elementary School
PublicK to 8

Plymouth Regional High School
Public9 to 12

Calvary Christian School
Private5 to 9

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Shoreline

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 05/10/2024 07:08 PM