Ignite FB Tracking Pixel597 MT Moosilauke Highway, Rumney, NH 03266 - Michael Bagge
Pine Shores Real Estate LLC
Pine Shores Real Estate LLC
Michael Bagge, Pine Shores Real Estate LLCPhone: (774) 961-9022
Email: [email protected]
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listing
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Listed by: Andy Yau from Re/max Shoreline, 603-431-1111
Multi-FamilyFor Sale
$699,900
597 Mt Moosilauke Highway
Rumney, NH 03266
MLS: New England Real Estate network (NEREN)
4,664Sq Ft
Est. Mortgage
$3,713/mo

Investors take notice of this golden opportunity to acquire a one-of-a-kind lucrative investment. The current cap rate is at 9.13% with a potential well over 13%. For $700k, get 10 units built in 1960 for under 70k a unit, and also 12 acres that are potentially developable with possibilities of additional multifamily, townhouse homes, single-family development, and more. If that isn’t exciting enough, have the potential for condo conversions or change the property into a full year-round Airbnb to maximize cash flow with limitless possibilities. The investment has seen countless renovations throughout the years which includes a new 2022 efficient heating system with new vents throughout all units to reduce your heating costs. Newer windows on both the interior and exterior help with insulation and also enjoy a newer lifetime metal roof that you won’t ever need to worry about. Many units have been completely renovated with a new kitchen, new bath, and new flooring. Tenants enjoy plenty of parking, a spacious backyard, trails right from their home, quietness & privacy, and a convenient location. The location could not be more convenient - close to Waterville Ski Valley, Owl’s Nest Resort (which hosts the only Nicklaus Design golf course in NH), Squam Lake, world-famous Rumney rock climbing, and hiking trails.

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Information courtesy of Re/max Shoreline is subject to verification and is not guaranteed.
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