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28249802
28249776

651 River Rd, Lyme, NH 03768

LW
082.0134451
Tesla Realty Group Maine
Listed by Tesla Realty Group Maine
$3,500,000
204 days on market
Updated 11 days ago

651 River Rd

Details
Property Type Hospitality, Multifamily
Sub Type Apartment Building, Hotel
Square Footage 7,470
Units 22
Occupancy 100%
Class B
Year Built 1996
Year Renovated 2026
Buildings 3
Stories 2
Acreage 22.560
Parking Spaces 30 spaces
Parking Per SqFt 4.02
Investment Type Stabilized
Occupancy Date 01/23/2026
Ownership Single owner

Mid-term rental property in high demand medical/education area - Gorgeous waterfront acreage

Marketing description

Welcome to Home On The Connecticut, a breathtaking property perched above the banks of the Connecticut River in scenic Lyme, New Hampshire. This exceptional mid-term rental (month-to-month) property combines historic New England charm with modern comfort, and a proven income-producing opportunity.

23 minutes north of Dartmouth College and 27 minutes north of Dartmouth Hospital. The property includes a 4,000-squarefoot barn, approved for conversion into three additional units, and partially complete, allowing for future expansion. With too many updates to list, this property has been lovingly maintained and thoughtfully improved, blending classic architecture with modern systems and amenities.

Investment highlights

  • Rooms with private bath: 5

  • Studio with kitchenette: 6

  • Studio with full kitchen: 5

  • 3-bed house: 1

  • Tiny house: 1

  • Partially finished additional units: 3

  • Total residential units: 18 complete, 3 partially complete

  • Monthly gross income is ~$26,300/mo

  • Currently managed by 1 on-site property manager part-time, no other employees

Listing Contacts

LW
082.0134451
Tesla Realty Group Maine
Listed by Tesla Realty Group Maine

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