$1,350,000

5 - 9 Merchant Street, Walpole, NH 03609

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1892
  • Property Lot Size Icon0.33acre lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 7 days ago

Property Description

This listing courtesy of Robert Inman, RE/MAX Town & Country

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.

Listing Status:
Active
Date Added:
November 7, 2025 at 06:00AM
Listing Office:
RE/MAX Town & Country : 603-357-4100
Listing Agent:
Robert Inman : 603-357-4100
MLS ID:
5069029
  • Basement: DirtExterior Access
  • A/C: None
  • Heating: Propane
  • Style: Apartment Building
  • Roofing: MetalAsphalt Shingle
  • General: Wood FrameGranite
  • Road/Access: Public
  • County: Cheshire
  • Driveway: Gravel
  • Zoning: residential
  • Utilities: Cable at Site
  • Water: Public
  • Sewer: Public

This listing courtesy of Robert Inman, RE/MAX Town & Country

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

N

North Walpole School

17 Cray Rd, North Walpole, NH, 03609

Grades 2-4

0.15 miles away

W

Walpole Elementary School

8 Bemis Ln, Walpole, NH, 03608

Grades 5-8

3.89 miles away

F

Fall Mountain Regional High School

134 Fmrhs Rd, Langdon, NH, 03602

Grades 9-12

2.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.