353 Baptist Road Canterbury NH Multi Family For Sale $1575000

List Price: $1,575,000 | $183 per sq.ft. Multi Family A 12 Unit Multi Family Home
With 11 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Wednesday Apr 10, 2024 | MLS# 4990849

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Address: 353 Baptist Road Canterbury NH
Listed by Scott Walker Premiere Properties
Description:
Canterbury Hall is a former Assisted Living facility that operated for 30+/- years. The owner closed this business in March 2021 and obtained permits for conversion to a multi-family. Since that time, the property has had 12 rentals in beautifully maintained spaces. Many of the units are shared with common kitchen, dining and living rooms. There are three apartments with private kitchens and all units have private bathrooms. The historic building is a lovely 2 story structure with an ell connecting it to a large 3 story barn. It sits on 5.03 acres of pasture with stone walls and beautiful views. The exterior of the building is as carefully maintained as the interior and features 2 brick patios, 3 decks and a lovely 3 season porch. The historic beauty of this property has been carefully preserved with original flooring, masonry and decor while upgrading the facility's amenities. An extraordinary opportunity!!
Location : Abuts Conservation | Historic District | Rural
Operating Expenses : Heat,Insurance,Maintenance,Professional Management,Sewer,Snow Removal,Trash,Utilities,Water,Water/Sewer

Annual Expenses

Taxes: $13,598

Income
Gross Income | $197,800
NetIncome | $135,735

Heating: Baseboard | Heat Pump
Cooling: Other | Individual
HeatFuel: Electric | Oil | Solar
Electric: Circuit Breaker(s)
Utilities: Cable - Available
Electric Meters:
Water: Drilled Well
Sewer: Septic

Land Information
Country Setting | Field/Pasture
Lot size: 5.03 acres
Zoned: Agriculture/Conservation)
Surveyed: Yes
Flood Zone: No
Roads: Paved | Public
Road Frontage: 400
Driveway: Paved

Additional Information
Block - 036000
Taxes $13,598
Assesed Value Not Reported

Schools

5 Old Nugget Alley, Hanover, NH 03755 603-643-3942

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