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


$499,900

MLS# 5074397
2276 sq.ft. Bedroom | 0 Bathroom
Multi Family
53 Concord Street Belmont NH
 
$499,900 | $220 per sq.ft. | MLS# 5074397 A 3  Unit Multi Family Home, 53 Concord Street Belmont NH With 3 - Three Bedroom Units

Description:
Mixed-use residential and commercial property on a .54-acre lot in Belmont's Village District, well-suited for an owner-operator looking to run a repair, service, or trade-based business on site. The property includes three spacious residential units and three commercial-grade garage bays with flexibility for business use, storage, or expansion. Unit 1 is a large three-bedroom, one-bath apartment currently leased at $250 per week, well below market for its size. Unit 2 is a large three-bedroom, two-bath owner-occupied unit. Unit 3 is a three-bedroom, one-bath unit currently under renovation, presenting additional income potential once completed. The garage bays are currently used by the owner and offer immediate utility for an automotive, equipment, or contractor-style operation. Located within walking distance to Belmont Village and close to shops, restaurants, skiing, snowmobile access, and Route 106. The town tax card lists the property as residential/single-family and commercial; the town has indicated that conversion to multi-family use is possible with a variance.

Annual Expenses
Taxes: $7,677
    Income

UNIT 1 INFORMATION


Beds: 3
Baths: 1
Rooms: 0
Tenant Pays : Electric,Heat,Hot Water
Rent : 250.00 Weekly
Lease Term : Month to Month
Status : Month to Month

UNIT 2 INFORMATION


Beds: 3
Baths: 2
Rooms: 0
Tenant Pays : Electric,Heat,Hot Water
Lease Term : Owner Occupied
Signed Lease : No

UNIT 3 INFORMATION


Beds: 3
Baths: 1
Style : Lower Level

FEATURES AND DETAILS

CONSTRUCTION: Wood Frame | Vinyl Siding | Wood Siding | Exterior Color White | Price Per SQ.FT. 219.64 | Year Built: 1930
LAND DESCRIPTION: LOT DESCRIPTION: City Lot
Livable Space: 2276
Above Grade Sq.Ft.: 2276
Below Grade Sq.Ft.: 0
Heating: Monitor Type | Wood Stove
Cooling: None
Electric: 100 Amp Service | 200+ Amp Service | Circuit Breaker(s) | Combo
Style: Conversion | Multi-Family | Multi-Level
Roof: Asphalt Shingle
Water: Public
Sewer: Public
Lot size: 0.54 acres
Zoned: VIL
Surveyed: Yes
Flood Zone: No
Seasonal: No
Road Frontage: 208
Driveway: Dirt

ADDITIONAL INFORMATION
Taxes $7,677  | Assesed Value $441,600 in 2024
SCHOOLS
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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