Great investment opportunity or 1031 Exchange! This Effingham Falls Landmark is a turnkey solution for anyone seeking a lucrative investment. Perfectly situated on a busy travel route with great visibility, you'll appreciate the convenience of being just minutes away from fantastic local amenities, including lakes, mountains, shopping, and dining. The lower level is home to a well-established retail shop, while the second and third floors boast a spacious 2-bedroom apartment and a large studio apartment, respectively. All units are currently occupied on a month-to-month basis, ensuring a steady stream of rental income. The property sits on a level corner lot, providing ample space for a variety of small retail ventures such as a general store, consignment shop, or antique store. With plenty of off-street parking available, your tenants and customers will always have a convenient place to park. This property has undergone recent upgrades (2019-2021), including a new septic system, roof, vinyl siding, several new windows, and parking lot improvements, making it a low-maintenance investment that you won't want to miss! As a mixed-use property, it requires either a CASH buyer, 1031 Exchange or COMMERCIAL/MIXED-USE loan. It will not go FHA, VA or Conventional.
Closed
Listed by:
Kim Gero,
BHHS Verani Wolfeboro Phone:508-561-5690
$277,500
64 NH Route 153 N, Effingham, NH 03882
2beds
3,398sqft
Multi Family
Built in 1850
-- sqft lot
$292,300 Zestimate®
$82/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: August 13, 2024 at 08:14am
Listed by:
Kim Gero,
BHHS Verani Wolfeboro Phone:508-561-5690
Bought with:
Susan Perron
Costantino Real Estate LLC
Source: PrimeMLS,MLS#: 4993373

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
Heating
- Hot Air, Gas - LP/Bottle
Cooling
- None
Features
- Flooring: Hardwood, Laminate, Vinyl
- Basement: Dirt,Gravel,Stairs - Interior,Sump Pump,Walkout,Interior Entry
Interior area
- Total structure area: 3,842
- Total interior livable area: 3,398 sqft
- Finished area above ground: 3,398
Property
Parking
- Parking features: Circular Driveway, Gravel, Off Street, On Site
Features
- Levels: 3
- Frontage length: Road frontage: 260
Lot
- Size: 9,148 sqft
- Features: Corner Lot, Level
Details
- Parcel number: EFFIM00201B000022L000000
- Zoning description: RA RU
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Fieldstone, Granite
- Roof: Shingle - Asphalt
Condition
- New construction: No
- Year built: 1850
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Septic Tank
- Water: On-Site Well Exists
- Utilities for property: Cable Available, Gas - LP/Bottle, Phone Available, High Speed Intrnt -Avail
Community & neighborhood
Location
- Region: Effingham
Other
Other facts
- Road surface type: Paved
Services availability

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.