7 Elm Street
7 Elm Street
Freedom, NH 03836
$565,000
Price
5
Beds
3
Baths
4,198 Sq. Ft.
$135 / Sq. Ft.
4,198
Sq. Ft.
$135
per Sq. Ft.
Under Contract
Virtual Tour
Under Contract
Virtual Tour
Description
7 Elm Street is an exceptional investment property in the charming town of Freedom, New Hampshire. This 3-unit multi-family building is situated in the heart of this historic New England village and represents a rarely found investment opportunity. Since acquiring the property in 2021, the owner has undertaken significant upgrades, including: roof and window replacements, electrical system updates to meet current code, installation of new sidewalks and parking, and extensive interior renovations...7 Elm Street is an exceptional investment property in the charming town of Freedom, New Hampshire. This 3-unit multi-family building is situated in the heart of this historic New England village and represents a rarely found investment opportunity. Since acquiring the property in 2021, the owner has undertaken significant upgrades, including: roof and window replacements, electrical system updates to meet current code, installation of new sidewalks and parking, and extensive interior renovations featuring new appliances, countertops, and paint (please refer to the comprehensive list to see additional improvements). Each of the three apartments has its own private entrance, distinct character, and stunning views of a picturesque waterfall. The property's prime location, in the peaceful and idyllic town of Freedom, offers easy access to: Ossipee Lake, popular skiing destinations, and shopping in nearby Conway. Portland, Maine is just an hour's drive away. This property is an ideal opportunity for investors, homeowners or those seeking a combination of both. Come visit this property soon as investment properties are hard to come by in this area. Additionally, don't miss the opportunity to view 16 Old Portland Road, (the single family on the other side of the waterfall) MLS #4992272.
- Listed by Sara Reineman • BHHS Verani Wolfeboro • Cell: 781-708-5825
Property Details for 7 Elm Street
Parking
Parking Spaces 2
Water Body TypeBrook/Stream
Water ViewYes
Waterfront PropertyYes
ZoningVillage Residential
Location
Listing Courtesy of BHHS Verani Wolfeboro
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LISTING UPDATED: 04/30/2024 08:11 PM
Property Details for 7 Elm Street
| Status | Under Contract |
|---|---|
| MLS # | 4992274 |
| Days on Market | 8 |
| Taxes | $4,721 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1820 |
| Lot Size | 0.18 AC / 7,840 SF |
| County | Carroll County |
Location
Listing Courtesy of BHHS Verani Wolfeboro
Add your commute
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Building Information for 7 Elm Street
Stories3Residences3Year Built1820Building Size-Lot Size0.18 AC / 7,840 SF
Payment Calculator
$3,477 per month
30 year fixed, 7.25% Interest
Principal and Interest
$3,083
Property Taxes
$393
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 7 Elm Street
Summary
Location and General Information
- City: Freedom
- County: NH-Carroll
- Latitude: 43.813322322757998
- Longitude: -71.035754355819705
- Road Frontage: Yes
- Seasonal: No
- State: NH
- Street Designation: Street
- Map: 51
- Zip Code: 03836
Taxes and HOA Information
- Tax - Gross Amount: $4,721.00
- Tax Year: 2023
- Taxes TBD: Unknown
School Information
- School - High: A. Crosby Kennett Sr. High
- School - Elementary: Freedom Elem School
- School - Middle/Jr: A. Crosby Kennett Middle Sch
Parking
- Garage: No
- Driveway: Paved
Virtual Tour
- Unbranded Tour URL 1: https://www.youtube.com/watch?v=Hu_XbWsk1Cc
- Property Panorama Virtual Tour: https://tour.neren.com/7-Elm-Street-Freedom-NH-03836/unbranded
Property
Lot Information
- Block: 00
- Lot: 32
- Lot - Sqft: 7841.0
- Lot Features: Corner, Level, River, Stream, View, Water View, Waterfall, Waterfront
- Lot Size Acres: 0.18
- Road Frontage Length: 216.0
- Square Feet Apx Finished Above Grade: 4198.0
- 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: 5210.0
- Square Feet Apx Total Finished: 4198.0
- Square Feet Apx Unfinished Above Grade: 749.0
- Square Feet Apx Unfinished AG Source: Public Records
- Square Feet Apx Unfinished Below Grade: 263.0
- Square Feet Apx Unfinished BG Source: Public Records
- Water Body Access: No
- Water Body Name: Cold Brook
- Waterfront Property Rights: Shared
Property and Assessments
- Property Class: Multi-Family
- Construction Status: Existing
- Flood Zone: Unknown
- Foundation: Granite
- PreConstruction: No
- Surveyed: Unknown
- Water Body Restrictions: Unknown
- Year Built: 1820
Utilities
- Electric: 200 Amp
- Sewer: Private, Septic
- Water Source: Public
- Utilities: Cable - Available
- Total Electric Meters: 2
- Internet: Internet - Cable
Interior and Exterior Features
Exterior Features
- Color: White
- Construction Materials: Vinyl Siding
- Roads: Paved, Public
- Roof: Metal, Shingle - Asphalt
- Total Ranges: 3
Interior Features
- Basement: Yes
- Basement Access Type: Interior
- Basement Description: Dirt Floor, Unfinished
- Total Full Baths: 3
- Flooring: Carpet, Hardwood, Laminate, Tile
- Heat Fuel: Oil
- Heating: Hot Water, Steam
- Cooling: None
- Total Refrigerators: 3
- Total Stories: 3
- Total Water Heaters: 2
Multi Family
Income & Expenses Information
- Gross Income: $64,200.00
- Net Income: $50,729.00
Multi-Family Information
- Total Units: 3
- Total 1 BR Units: 1
- Total 2 BR Units: 2
- Total 3+ BR Units: 0
- Total Heat Units: 2
Unit Information
Unit 1
- Unit 1 Baths: 2
- Unit 1 Bedrooms: 2
- Unit 1 Lease Term: Annual
- Unit 1 Level Number: 7C
- Unit 1 Rental Amt Freq: Monthly
- Unit 1 Status: Leased
- Unit 1 Apx Sqft: 1860.0
- Unit 1 Rooms: 9
- Unit 1 Rental Amount: $2,150.00
- Unit 1 Info: Ceiling Fan, CO Detector, Deck, Dishwasher, Heat - Oil, Kitchen Island, Microwave, Range - Electric, Refrigerator, Smoke Detector
Unit 2
- Unit 2 Baths: 1
- Unit 2 Rooms: 5
- Unit 2 Status: Vacant
- Unit 2 Level Number: 7B
- Unit 2 Rental Amt Freq: Monthly
- Unit 2 Apx Sqft: 1260.0
- Unit 2 Bedrooms: 2
- Unit 2 Rental Amount: $1,750.00
- Unit 2 Info: Ceiling Fan, CO Detector, Heat - Oil, Microwave, Range - Electric, Refrigerator, Smoke Detector
Unit 3
- Unit 3 Lease Term: Annual
- Unit 3 Baths: 1
- Unit 3 Rooms: 5
- Unit 3 Level Number: 7A
- Unit 3 Rental Amt Freq: Monthly
- Unit 3 Status: Leased
- Unit 3 Apx Sqft: 1100.0
- Unit 3 Bedrooms: 1
- Unit 3 Rental Amount: $1,450.00
- Unit 3 Info: Ceiling Fan, CO Detector, Heat - Oil, Microwave, Range - Electric, Refrigerator, Smoke Detector
Property History for 7 Elm Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 7 Elm Street
Taxable ValueLand$31,600Additions$398,400Total$430,000
Tax Record2023$4,721 ($393 / month)
Home Facts
Baths3.5Total Finished SqFt5,210 SqFtAbove Grade Finished SqFt5,210 SqFtStories3Lot Size7,841 SqFtStyleMulti-Family Dwelling (2-4)Year Built1820ZoningVILLAGCountyCARROLLAPNFRDM M:00051 L:000032 S:000000
Schools near 7 Elm Street
This home is within Freedom School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 |
Rating | School | Distance |
|---|---|---|
Freedom Elementary School PublicPK to 6 |
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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Listing Courtesy of BHHS Verani Wolfeboro
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 05/03/2024 11:21 PM
