logo

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


$1,250,000

Price Change! reduced by $100,000 on March 7th 2026
MLS# 5069029
11690 sq.ft. Bedroom | 0 Bathroom
Multi Family
5 - 9 Merchant Street Walpole NH
 
Price Change! reduced by $100,000 on March 7th 2026
$1,250,000 | $107 per sq.ft. | MLS# 5069029 A 14  Unit Multi Family Home, 5 - 9 Merchant Street Walpole NH With 6 - One Bedroom Units | 6 - Two Bedroom Units | 2 - Three Bedroom Units

Description:
Excellent 14-Unit Investment Opportunity - North Walpole, NH Discover a solid, income-producing property that checks all the boxes for both stability and future upside! These two side-by-side apartment buildings offer a total of 13 well-maintained units and a 14th unit to be finished. The owners have already completed updates in nearly every apartment, featuring modern kitchens, fresh paint, new flooring, and other thoughtful improvements--only one unit remains ready for your finishing touch. With long-term attentive tenants, these buildings run smoothly and enjoy an excellent reputation in the neighborhood. Additional highlights include a one-car garage that can generate extra income and a huge unfinished area spanning two upper floors--perfect for adding a spacious new apartment or two smaller units. Current rents include some utilities, but with the individual meters that are already installed, there's potential to transition to tenant-paid utilities and further increase your net operating income. This is a turnkey investment with strong performance, proven stability, and clear pathways for growth.

Annual Expenses
Taxes: $25,351
    Income Gross Income | $
NetIncome | $

FEATURES AND DETAILS

CONSTRUCTION: Wood Frame | Price Per SQ.FT. 106.93 | Year Built: 1892
LAND DESCRIPTION: LOT DESCRIPTION: Level
Avail.Sq.Ft.: 13
Livable Space: 11690
Above Grade Sq.Ft.: 11690
Below Grade Sq.Ft.: 0
Heating: Propane
Cooling: None
Electric: Circuit Breaker(s)
Style: Apartment Building
Roof: Metal | Asphalt Shingle
Water: Public
Sewer: Public
Lot size: 0.33 acres
Zoned: residential
Surveyed: Unk
Flood Zone: No
Seasonal: No
Road Frontage: 118
Driveway: Gravel

ADDITIONAL INFORMATION
Taxes $25,351  | Assesed Value $0 in
SCHOOLS
15 Buck Rd. Hanover, NH 03755 603-643-3942

Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College

Prime MLS Logo Copyright © 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated April 23rd, 2026

nharlogo PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the nature of the relationships brokers have or may have with customers and clients. Each state requires that a disclosure form be presented to consumers for their review and acknowledgment at the appropriate time. These forms can be accessed at the following websites and you are encouraged to read these documents. Big Green Real Estate chooses as a business model to represent both buyers and sellers; please do not assume, without any contractual agreement otherwise, that Big Green Real Estate at this time represents your interests as an agent.
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
https://www.sec.state.vt.us/media/711742/Mandatory-Consumer-Disclosure-for-a-Non-Designated-Agency-Brokerage-Firm-9-24-2015.pd

NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM
http://www.nh.gov/nhrec/Brokerage%20Relationship%20Disclosure%20Form%207-19-11.pdf