Pegasus Realty Group
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5 - 9 Merchant Street, Walpole, NH 03609

$1,250,000
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Active Under Contract
SQUARE FEET11,690 MLS#5069029
STATUSActive Under Contract PROPERTY TYPEMulti Unit - Multiple

Listing Courtesy of: RE/MAX Town Country
Agency Phone: 603-357-4100
Associate Name: Robert Inman
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Property Description

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.

5 - 9 Merchant Street | MLS# 5069029

This multi-family property located at 5 - 9 Merchant Street, Walpole, NH 03609 is currently listed for sale with an asking price of $1,250,000. Search Walpole real estate on pegasusrealtygroup.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Dirt, Exterior Access
Cooling: None
Garage: 1
Heating: Propane
Home Style: Apartment Building
Lot Size: 0.33 Acres
Roof Type: Metal, Asphalt Shingle
Stories: 2.5
Taxes: $25,351
Year Built: 1892

Feature Descriptions

Construction: Wood Frame
Construction Status: Existing
Days on Site: 256
Driveway: Gravel
Driveway: Gravel
Electric: Circuit Breaker(s)
Exterior: Wood Frame
Flood Zone: No
Foundation: Granite
Foundation: Granite
Lot: Level
Roads: Public
Sewer: Public
Sq. Ft. Total Finished: 11690
Total Stories: 2.5
Units: 14
Water: Public
Zoning: residential

Listed By / Shown By

Listed By

Agency Name: RE/MAX Town Country
Agent Name: Robert Inman
Agency Phone: 603-357-4100

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Shown By

Agent Name: Pegasus Realty Group
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group

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Estimated Payment

$ 5,259.12 per month $2,781.96 Principal & Interest $2,112.58 Property Tax $364.58 Homeowner's Insurance

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