REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Thomas Ferraro

thomasfrealtor@gmail.com +1(774) 254-7538

Listed by Mary Duquette • NH Brokerage LLC

$ 478,900

Est. payment | -/mo

3 Beds

4 Baths

3,552 SqFt

Save

$ 478,900

Est. payment | -/mo

Save

3 Beds

4 Baths

3,552 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,552 sqft

Price per Sqft $134

MLS Listing ID 5086619

Bedrooms 3

Full Baths 4

Construction Status Existing

Year Built 1930

Annual Tax Amount $7,059

Tax Year 2024

Lot Size 0.440 Acres

Acres 0.44

Property Description

Coming soon! Exceptional opportunity to own a turnkey commercial/multifamily investment property ready for its next owner or investor to build long-term equity. With leases already in place, this property offers immediate income potential and helps offset operating expenses from day one. Ideally located in a desirable Gilmanton setting directly across the street from town offices and local businesses, 518 Province Road offers both convenience and strong rental appeal. The property features three units, each with separate meters. The commercial unit is currently operating as a charming country store and includes an oversized walk-in refrigerator, a newly updated bathroom, and beautiful wood floors. The second unit is a spacious two-bedroom, two-level residential apartment with an additional bonus room and two bathrooms, along with a private deck and landscaped backyard that provides a peaceful outdoor retreat and is occupied by long-term tenants. The third unit offers a one-bedroom, open-concept layout with a 3/4 bath and a deck and is currently owner-occupied. This property has seen extensive recent updates, including a new roof, as well as updated plumbing, electrical, drywall, and insulation in the commercial space and second-floor apartment. Additional improvements include a new water pump, water tank, and hot water heater, along with a newer water filtration system completed in 2024, providing peace of mind and reduced maintenance for years to come. With multiple income streams, significant improvements, and stable tenancy, this property presents strong upside potential for investors seeking reliable cash flow and long-term growth. Whether you are expanding your portfolio or looking for a mixed-use property with flexibility, this is a rare opportunity to invest in both income and equity appreciation. Private showings only with proof of funds or preapproval required.

Location

State NH

County Nh-belknap

Area Nh-Belknap

Zoning Commercial/Residential

Rooms

Basement Entrance Interior

Basement Bulkhead, Partially Finished, Interior Stairs, Interior Access

Interior

Cooling Wall AC Units

Exterior

Utilities Available Cable Available, Telephone Available

Roof Type Architectural Shingle

Building

Story 2

Sewer 1500+ Gallon, Concrete, Leach Field, Private, Septic

Architectural Style Apartment Building, Gambrel, Multi-Family

Construction Status Existing

Schools

Elementary Schools Gilford Elementary

Middle Schools Gilmanton School

High Schools Gilford High School

School District Gilmanton Sch Dsct Sau #79

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(774) 254-7538

thomasfrealtor@gmail.com

Manchester, NH

518 Province RD Gilmanton, NH 03237

Thomas Ferraro

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

GET MORE INFORMATION

Go tour this home

518 Province RD