Price Change! reduced by $100,000 on March 7th 2026 $1,250,000 | $107 per sq.ft. | MLS# 5069029
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14
Unit Multi Family Home, 5 - 9 Merchant Street Walpole NH
With 6 - One Bedroom Units | 6 - Two Bedroom Units | 2 - Three Bedroom Units
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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.
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Annual Expenses
Taxes: $25,351 |
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Income
Gross Income | $ NetIncome | $
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FEATURES AND DETAILS
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CONSTRUCTION: Wood Frame | Price Per SQ.FT. 106.93 | Year Built: 1892 |
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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
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Lot size: 0.33 acres Zoned: residential Surveyed: Unk Flood Zone: No Seasonal: No Road Frontage: 118 Driveway: Gravel |
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ADDITIONAL INFORMATION
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Taxes $25,351 | Assesed Value $0 in |
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SCHOOLS
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5 and 9 Merchant St
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parking area
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15 Buck Rd. Hanover, NH 03755 603-643-3942
Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College
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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
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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
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