264 Lafayette Rd. #10
Portsmouth, New Hampshire 03801
603-448-8000
Contact Me
Sold for $400,000 on Aug 5, 2014
12 units plus main house, storefront and barn. 14 units plus 3 story barn, a short walk to Lake Sunapee beach and boat launch. Historic building, many updates, high occupancy rate, climbing rent rates. Much updating done recently. Additional income potential from owner's 4br house, storefront (convert to apts?) and barn for potential NOI of $69,000 as owner/operator (see Broker proforma). Town water/sewer. Higher density possible, ask for details. Ideal owner/occupant set up or convert to vacation rentals to take advantage of the close proximity to Lake Sunapee and ski center. Potential cash cow. see projected income/expense statement. Home of the early days of Aerosmith gigs in the barn. Directions: Rt.11 to Main St. North on Prospect Hill Rd. 1/4 M on left just before stone church [Click here for full info package;http://control.cisdata.net/bin/filelink.php/AR118338/8d1855a39afac6c0027cf473081228ee/]