20-Unit (Apartments & Retail) Turnkey Investment
$2,690,000
41-43 Central Street, Haverhill, NH 03785
8.69
Cap Rate
233,670.44
NOI
Details:
Highlights:
- Over the past few years, the building has undergone extensive upgrades, including but not limited to:
- New roof and over 100+ brand-new windows
- Updated heating system, electrical, and full sprinkler system
- Two x 1,000 gallons each propane tanks
- Security cameras throughout for peace of mind
- Modern finishes — each unit w/ new kitchens, baths, flooring, paint and fixtures
- Unit mix:
- 1 x three-bedroom
- 10 x two-bedroom units
- 5 x one-bedrooms
- 1 studio
- 3 retail units
- Resident parking is available directly behind the building, with additional parking permitted in the state-owned lot across the street. Street parking is also available in front of the property for retail customers.
Description:
Unique investment opportunity at the crossroads of Vermont and New Hampshire, this fully renovated 3-story mixed-use building sits in the heart of downtown Woodsville. The property features 17 remodeled residential apartments and 3 updated retail storefronts, offering a strong income stream and low management complexity—all under one roof.
The ground-floor retail spaces have been fully updated and are secured by long-term leases with established tenants. The residential units have been completely re-tenanted and renovated, capitalizing on the area's strong rental demand. With steady in-place income, room to optimize rents, and streamlined operations, this well-appointed asset offers immediate cash flow and value-add upside—an ideal addition to a growing multifamily investment portfolio.
Discover the charming town of Haverhill \ Woodsville, NH, where small-town charm meets investment potential. Situated in a serene New England setting, this area offers a welcoming community and a range of outdoor recreational opportunities, including nearby hiking trails, scenic parks, and the picturesque Ammonoosuc River. With a quaint downtown area featuring local shops and dining options, the location provides a wonderful blend of convenience and leisure. Prospective multifamily/low-rise/garden investors will appreciate the area's appeal to potential tenants seeking a balance of nature and modern amenities. Don't miss the opportunity to invest in this thriving and inviting location.
Separate heat & electric, paid by tenants
Eversource
2 x 1,000 Gallon Tanks
Documents:
| Title | ||
|---|---|---|
| Flyer_41-43 Central St., Haverhill/Woodsville, NDA | ||
| Woodsville__NDA.pdf |
Location
Gallery
