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Listed by Doug Martin • Keller Williams Realty Metro-Londonderry
$1,200,000
Est. payment /mo
8 Beds
6 Baths
5,968 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,968 sqft
Price per Sqft $201
MLS Listing ID 5087806
Bedrooms 8
Full Baths 6
Construction Status Existing
Year Built 1986
Annual Tax Amount $10,746
Tax Year 2025
Lot Size 1.000 Acres
Acres 1.0
Property Description
Fully Entitled 6-Unit Multi-Family | Value-Add | Ready for Rehab Rare opportunity to acquire a pre-approved 6-unit multi-family asset with moderate rehab and strong upside. The unit mix includes one 2-bedroom/1.5 bath, two 2-bedroom/1-bath units, two 1-bedroom/1-bath units, and one large studio, all positioned to achieve full market-rate rents upon completion. Originally built in 1986 as a mixed-use retail and residential property, the asset's highest and best use has evolved into a fully residential income-producing investment. The property is well-positioned for a streamlined development process, with full architectural plans in place, including demolition and construction schedules, and all town approvals secured—ready for immediate permit pull. A local builder has already provided a rehab estimate and is prepared to begin work. Additional value can be realized through a large unfinished basement and a two-car garage, offering potential for storage or supplemental rental income. The site also provides ample on-site parking to support tenant demand. Situated in the heart of the village within walking distance to Triple Elm Coffee shop, Bruchetti's Pizza, A and M Sandown Market, Rockingham Rail Trail, Post Office, Library, Town Beach, the historic Sandown Train Depot and the Sandown Meeting House.
Location
State NH
County Nh-rockingham
Area Nh-Rockingham
Zoning B1
Rooms
Basement Entrance Walkout
Basement Concrete Floor
Interior
Cooling Central AC
Exterior
Garage Spaces 2.0
Utilities Available Cable at Site, Telephone at Site
Roof Type Asphalt Shingle
Building
Story 2
Sewer Private, Septic
Architectural Style Multi-Family
Construction Status Existing
Schools
Elementary Schools Sandown Central School
Middle Schools Timberlane Regional Middle
High Schools Timberlane Regional High Sch
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