List Price: $1,050,000 | $146 per sq.ft. Multi Family A 17 Unit Multi Family Home
With 15 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Wednesday Jun 3, 2026 | MLS# 5092386
Address: 626 West Main Street Hillsborough NH
Listed by Nick Turmel Tri-State Realty, LLC
Description:
6/2/2026 NEW LISTING. OWNER IS RETIRING. THIS ONCE IN A DECADE SUPER LOW PRICED GREAT DEAL WILL BREAK THE INTERNET! PRICED WAY BELOW MARKET VALUE TO SELL NOW. DON'T SNOOZE & LOSE, AS SELLER ALREADY HAS A STANDING CASH OFFER WITH NO CONTINGENCIES HE WILL BE ACCEPTING 7/16/2026 IF NO BETTER CASH OFFER BEFORE THEN. NO TIRE KICKERS. ONLY SIMPLE CLEAN CASH OFFERS WITH NO CONTINGENCIES. $$$ CASH COW GREAT INVESTMENT! 30%+ CAP RATE Potential ($323,000+ POTENTIAL NET INCOME). 17 Units Total: 13 Unit Motel, 2 BR Owners Qtrs, Office/common space units, 2 Studio Apts above Garage. 8.82 TOTAL ACRES includes 128 Dam Road Land Parcel. High demand for weekly extended stay occupants due to housing shortage, & lack of other area motel/hotels. Potential Franklin Pierce Lake Views if you clear trees. High traffic count & visibility located at corner of intersection NH Routes 202/9, Route 31, Routes have names of Franklin Pierce Hwy, West Main Street, 2nd NH Turnpike. Property has 2 Curb Cuts at intersection! 2 Parcels Total 8.82 Acres (626 West Main St, & pics don't show lot lines for 128 Dam Rd. Land Parcel). Commercial Zoning on these state highways allows for many options for retail, residential & lots of other uses. Check with Town Zoning. Property is 30 miles to Keene & to Concord. Route 202 connects Keene to Seacoast running through Hillsborough & Concord. Over 11,000+ vehicles daily. Details provided are to the best of Seller's knowledge. Buyers responsible for their own due diligence for any research, inspections, measurements, town or other info verification, etc. Seller & their Agent make No guarantees or warranties. Property SOLD-AS-IS, WHERE AS. MLS, NECPE, & on-line marketing subject to updated changes. Financial info available upon request. CASH ONLY. PROOF OF CASH (Bank &/or Financial Statement(s) required to schedule showing. ***NO OWNER-FINANCING.*** OWNER WILL NOT BE SHARING HIS TAX RETURNS, BOOKS, BANK STATEMENTS, EXPENSES & BILLS, BUSINESS DOCS, ETC.
Operating Expenses : Heat,Insurance,Other,Trash,Utilities
Annual Expenses
Taxes: $15,606
Income
Gross Income | $358,800
NetIncome | $323,800
Appliances : Domestic Water Heater | Electric Water Heater | Gas Water Heater | Propane Water Heater
Construction: Wood Frame
Year Built: 1830
Style: Apartment Building | Hotel | Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 9726
Above Grade Sq.Ft.: 7186
Basement: Crawl Space | None | Slab
Roof: Asphalt Shingle
Seasonal: No
Heating: Propane | Baseboard | Electric | Forced Air | Hot Air
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable | Cable at Site | Cable Available | Propane | Multi Phone Lines | Telephone at Site | Telephone Available | Other | Phone
Electric Meters:
Water: Drilled Well | Private
Sewer: Leach Field | Private | Septic
Land Information
Corner | Country Setting | Level | Major Road Frontage | Neighbor Business | Open | Other | Street Lights | Trail/Near Trail | Walking Trails | Wooded | Near Country Club | Near Golf Course | Near Paths | Near Shopping | Near Skiing | Near Snowmobile Trails | Near ATV Trail
Lot size: 8.82 acres
Zoned: COMM-N)
Surveyed: Yes
Flood Zone: No
Road Frontage: 1011
Driveway: Paved