5 - 9 Merchant Street, North Walpole, NH 03609
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
5 - 9 Merchant Street,Walpole, NH 03609
$1,350,000
- - Beds
- - Baths
- 11,690 sq. ft.
- Multi-family
- Active
Listed by: robert inman
Office: re/max town & country
MLS#:5069029
Source:PrimeMLS
Price summary
- Price:$1,350,000
- Price per sq. ft.:$90.84
About this home
Excellent 14-Unit Investment Opportunity – North Walpole, NH Discover a solid, income-producing property that checks all the boxes for both stability and future upside! These two side-by-side apartment buildings offer a total of 13 well-maintained units and a 14th unit to be finished. The owners have already completed updates in nearly every apartment, featuring modern kitchens, fresh paint, new flooring, and other thoughtful improvements—only one unit remains ready for your finishing touch. With long-term attentive tenants, these buildings run smoothly and enjoy an excellent reputation in the neighborhood. Additional highlights include a one-car garage that can generate extra income and a huge unfinished area spanning two upper floors—perfect for adding a spacious new apartment or two smaller units. Current rents include some utilities, but with the individual meters that are already installed, there’s potential to transition to tenant-paid utilities and further increase your net operating income. This is a turnkey investment with strong performance, proven stability, and clear pathways for growth.
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Home facts
- Year built:1892
- Listing ID #:5069029
- Added:1 day(s) ago
- Updated:November 11, 2025 at 11:28 AM
Rooms and interior
- Living area:11,690 sq. ft.
Structure and exterior
- Roof:Asphalt Shingle, Metal
- Year built:1892
- Building area:11,690 sq. ft.
- Lot area:0.33 Acres
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$1,350,000
- Price per sq. ft.:$90.84
- Tax amount:$25,351 (2024)
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