$478,900 | $135 per sq.ft. | MLS# 5086619
A
3
Unit Multi Family Home, 518 Province Road Gilmanton NH
With 1 - One Bedroom Units | 2 - Two Bedroom Units
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Description:
Exceptional opportunity to own a turnkey commercial/multifamily investment property ready for its next owner or investor to build long-term equity. With leases already in place, this property offers immediate income potential and helps offset operating expenses from day one. Ideally located in a desirable Gilmanton setting directly across the street from town offices and local businesses, 518 Province Road offers both convenience and strong rental appeal. The property features three units, each with separate meters. The commercial unit is currently operating as a charming country store and includes an oversized walk-in refrigerator, a newly updated bathroom, and beautiful wood floors. The second unit is a spacious two-bedroom, two-level residential apartment with an additional bonus room and two bathrooms, along with a private deck and landscaped backyard that provides a peaceful outdoor retreat and is occupied by long-term tenants. The third unit offers a one-bedroom, open-concept layout with a 3/4 bath and a deck and is currently owner-occupied. This property has seen extensive recent updates, including a new roof, as well as updated plumbing, electrical, drywall, and insulation in the commercial space and second-floor apartment. Additional improvements include a new water pump, water tank, and hot water heater, along with a newer water filtration system completed in 2024, providing peace of mind and reduced maintenance for years to come. With multiple income streams, significant improvements, and stable tenancy, this property presents strong upside potential for investors seeking reliable cash flow and long-term growth. Whether you are expanding your portfolio or looking for a mixed-use property with flexibility, this is a rare opportunity to invest in both income and equity appreciation. Private showings only with proof of funds or preapproval required.
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Annual Expenses
Taxes: $7,059 |
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Income
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UNIT 1 INFORMATION
Beds: 2Baths: 2Rooms: 6Info : Deck,Dishwasher,Dryer,Electric Range,Refrigerator,Smoke DetectorTenant Pays : Electric,HeatRent : 1800.00 MonthlyLease Term : Annual Signed Lease : Yes Status : Leased
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UNIT 2 INFORMATION
Beds: 1Baths: 1Rooms: 4Level: 2nd FloorInfo : Deck,Dryer,Mudroom,Electric Range,Refrigerator,Wood Stove,WasherSigned Lease : No
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FEATURES AND DETAILS
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CONSTRUCTION: Asbestos Exterior | Clapboard Exterior | Combination Exterior | Price Per SQ.FT. 134.83 | Year Built: 1930
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LAND DESCRIPTION:
LOT DESCRIPTION: Corner | Landscaped | In Town | Near Snowmobile Trails
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Livable Space: 3552
Above Grade Sq.Ft.: 2784
Below Grade Sq.Ft.: 768
Heating: Oil | Pellet Stove | Electric
Cooling: Wall AC Units
Electric: 200+ Amp Service | Circuit Breaker(s)
Style: Apartment Building | Gambrel | Multi-Family
Roof: Architectural Shingle
Water: Drilled Well | Private
Sewer: 1500+ Gallon | Concrete | Leach Field | Private | Septic
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Lot size: 0.44 acres
Zoned: Commercial/Residential
Surveyed: Unk
Flood Zone: No
Seasonal: No
Road Frontage: 271
Driveway: Paved
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ADDITIONAL INFORMATION
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Taxes $7,059 | Assesed Value $0 in |
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SCHOOLS
School District: Gilmanton Sch Dsct SAU #79
Elementary School: Gilford Elementary
Middle School: Gilmanton School
High School: Gilford High School |
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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 May 20th, 2026
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http://www.nh.gov/nhrec/Brokerage%20Relationship%20Disclosure%20Form%207-19-11.pdf
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