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

$1,900,000

Price Change! reduced by $200,000 on July 27th 2025
MLS# 5041491
6789 sq.ft. Bedroom | 0 Bathroom
Multi Family
14-28 Sugarhouse Lane Sunapee NH 		 
Price Change! reduced by $200,000 on July 27th 2025
$1,900,000 | $280 per sq.ft. | MLS# 5041491 A 4  Unit Multi Family Home, 14-28 Sugarhouse Lane Sunapee NH With 3 - Two Bedroom Units | 1 - Three Bedroom Units

Description:
Just minutes from the 4-season recreation of Sunapee Lake and Mountain, this expansive multi-parcel property delivers an exceptional blend of privacy, income potential, and ready-to-use living spaces. The existing structures form a fully functional retreat or investment base, with additional developable lots offering meaningful room for growth. The centerpiece of this offering is a townhouse-style triplex, with each residence spanning three levels. The main floor features a kitchen and an open dining/living area, while the upper floor provides two or three bedrooms and a full bath, depending on the unit. Every unit includes a full walk-out basement, exterior storage lockers, and covered carport parking, with additional guest parking available nearby. Completing the current living options is a charming freestanding three-bedroom home at the end of the private road. Featuring a main-level primary suite, updated kitchen, hardwood floors, and an inviting living room with a fireplace, it serves beautifully as a year-round residence or rental. A deck off the dining area, a mudroom, and a full lower level add to its comfort and convenience. For seasonal stays, a beautifully renovated one-bedroom log "sugar house" offers a cozy retreat with a relaxing porch--ideal for guests, creative use, or personal enjoyment. Beyond the existing buildings, the property includes several valuable development opportunities. A second triplex site is already underway with a poured foundation, roof structure, and full water, sewer, and electric hookups--providing the rare ability to accelerate expansion and add substantial rental value quickly. In addition, the land encompasses two single-family building lots and a designated triplex lot, each benefiting from access to community septic system, a water source, and nearby electricity. Whether envisioned as a family compound, a rental-income portfolio, or a phased development project, these parcels offer significant flexibility.

Annual Expenses
Taxes: $12,612 		    Income
UNIT 1 INFORMATION

Beds: 2
Baths: 2
Rooms: 0
Info : Appliances Included,Deck,Electric,Gas Heat
Tenant Pays : Electric,Heat
Rent : 1060.00 Monthly
UNIT 2 INFORMATION

Beds: 2
Baths: 2
Rooms: 4
Info : Appliances Included,Deck,Storage
Tenant Pays : Electric,Heat
Rent : 975.00 Monthly
UNIT 3 INFORMATION

Beds: 2
Baths: 2
Rooms: 4
Rent : 1075.00 Monthly
UNIT 4 INFORMATION

Beds: 3
Baths: 2
Rooms: 5
Info : Appliances Included,Deck,Electric,Oil Heat
Rent : 2200.00 Monthly

FEATURES AND DETAILS

CONSTRUCTION: T1-11 Exterior | Price Per SQ.FT. 279.86 | Year Built: 1973
 LAND DESCRIPTION: LOT DESCRIPTION: Country Setting | Level | Major Road Frontage | Wooded | Abuts Conservation | Near Paths | Near Skiing
Livable Space: 6789
Above Grade Sq.Ft.: 6789
Below Grade Sq.Ft.: 0
Heating: Electric | Forced Air | Vented Gas Heater
Cooling: None
Electric: 200+ Amp Service
Style: Cape | Multi-Family | Townhouse
Roof: Asphalt Shingle
Water: Community
Sewer: Community
Lot size: 11.64 acres
Zoned: Residential
Surveyed: Yes
SurveyedBy: Pennyroyal
Flood Zone: Unknown
Seasonal: No
Road Frontage: 1200
Driveway: Common/Shared | Gravel
ADDITIONAL INFORMATION
Docs Available : Property Disclosure | Survey
Taxes $12,612  | Assesed Value $0 in
SCHOOLS
School District: Sunapee
Elementary School: Sunapee Central School
Middle School: Sunapee Middle High School
High School: Sunapee Sr. High School
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15 Buck Rd. Hanover, NH 03755 603-643-3942

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