Welcome to the perfect WATERFRONT investment opportunity! Generating over $60,000 in NET INCOME/year, this outstanding 5-unit rental property offers an excellent return on investment and is sure to captivate seasoned investors and aspiring landlords alike. Situated in a desirable location on the Suncook River Reservoir, this property has a history of steady income. Let's explore the unique features and benefits of this remarkable investment: 2 of the 5 units are in the main duplex style building plus there are 3 stand alone units. Each unit has amazing views and access to the reservoir. Tenants are responsible for all their own utilities, including heat and there is ample parking. Updates include new flooring, roofing for some units. This incredible 5-unit rental property presents an exceptional opportunity for investors seeking a lucrative venture in the real estate market. Don't miss your chance to own this one of a kind property - envision your prosperous future! Showings begin, by appointment only on FRIDAY, JUNE 9, 4-6pm & SATURDAY, JUNE 10 from 2-4pm
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Listed by:
Alyson Mueller,
KW Coastal and Lakes & Mountains Realty 603-610-8500
Bought with: KW Coastal and Lakes & Mountains Realty/Laconia
$580,000
192 Parade Road, Barnstead, NH 03218
7beds
2,900sqft
Multi Family
Built in 1965
-- sqft lot
$-- Zestimate®
$200/sqft
$2,877 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,877/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 21, 2023 at 12:30pm
Listed by:
Alyson Mueller,
KW Coastal and Lakes & Mountains Realty 603-610-8500
Bought with:
Shannon L Casey
KW Coastal and Lakes & Mountains Realty/Laconia
Source: PrimeMLS,MLS#: 4955891
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Propane, Direct Vent, Hot Water
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Windows: Double Pane Windows
- Basement: Concrete Floor,Crawl Space,Walk-Up Access
Interior area
- Total structure area: 3,019
- Total interior livable area: 2,900 sqft
- Finished area above ground: 2,900
- Finished area below ground: 0
Property
Parking
- Parking features: Dirt, Parking Spaces 1 - 10
Features
- Levels: Two
- Exterior features: Deck, Shed
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront
- Body of water: Suncook River Reservoir
- Frontage length: Water frontage: 595,Road frontage: 700
Lot
- Size: 1 Acres
- Features: Level
Details
- Parcel number: BRNDM00006L000027S000000
- Zoning description: SUNCOOK RV RES
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding, Wood Exterior
- Foundation: Poured Concrete
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Private Sewer
- Water: Private
- Utilities for property: Propane
Community & neighborhood
Location
- Region: Barnstead
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2023 | Sold | $580,000-2.5%$200/sqft |
Source:  PrimeMLS #4955891 | ||
| 6/16/2023 | Contingent | $595,000$205/sqft |
Source: PrimeMLS #4955891 | ||
| 6/6/2023 | Listed for sale | $595,000+190.2%$205/sqft |
Source: PrimeMLS #4955891 | ||
| 12/29/2017 | Sold | $205,000-30.5%$71/sqft |
Source: PrimeMLS #4457631 | ||
| 4/1/2008 | Sold | $295,000$102/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,196 +13.9% | $563,800 +0.2% |
| 2023 | $8,076 +46.2% | $562,800 +120.1% |
| 2022 | $5,523 -1.6% | $255,700 |
Find assessor info on the county website
Neighborhood: 03218
Nearby schools
GreatSchools rating
- 5/10Barnstead Elementary SchoolGrades: PK-8Distance: 1.2 mi
- 4/10Prospect Mountain High SchoolGrades: 9-12Distance: 7.7 mi
- NAProspect Mountain High SchoolGrades: 9-12Distance: 7.7 mi
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