$1,090,000
360 School Street
Rumney
Listing Courtesy of
Allen Meringolo
Dwellings Residential - Phone: 301-651-1944
360 School Street, Rumney NH 03266
Well-maintained 7-unit multifamily property in Rumney, NH, located just outside downtown Plymouth and near major employers including Plymouth State University and Speare Memorial Hospital as well as major ski & tourist areas. The building includes a mix of 1BR, 2BR, and 3BR units with a strong history of occupancy and stable rental income. Five of the seven units have been renovated, and recent capital projects include building system upgrades, a full basement drainage project, and deck and stairway repairs. Tenants benefit from convenient access to local services and year-round outdoor recreation in the White Mountains region. Investors benefit from a high-demand rental market with limited supply and continued upside. Additional opportunities include: renovate two additional units and increase income; explore the addition of an 8th unit (buyer to verify); and convert the large unfinished basement into rentable storage (buyer to verify). A solid income-producing asset in a supply-constrained Central NH market with long-term demographic and economic tailwinds. Diligence materials—including rent roll, financials, and capex records—available upon request. Showings available by appointment only for qualified buyers. The listing agent holds an ownership interest in the property.
Listing Courtesy of
Allen Meringolo
Dwellings Residential - Phone: 301-651-1944
DETAILS
- Listing Id5039247
- StatusActive
- TypeMulti-Family
- Year Built1950
- AppliancesWater Heater – Electric
- BasementYes
- Basement Access TypeWalk-up
- Basement DescriptionBulkhead, Crawl Space, Insulated, Stairs - Exterior, Unfinished, Exterior Access
- Construction StatusExisting
- CoolingNone
- DrivewayDirt
- Electric100 Amp, Circuit Breaker(s)
- Exterior FeaturesDeck
- Flood ZoneNo
- FoundationConcrete,Stone
- GarageNo
- HeatingPropane,Hot Water
- Pre-ConstructionNo
- Road FrontageYes
- Road Frontage Length750
- RoofShingle - Asphalt
- Sewer1500+ Gallon,Leach Field - On-Site,On-Site Septic Exists,Septic
- Total Stories3
- UtilitiesCable
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