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31077921
31077950

26 N Main St, Mont Vernon, NH 03057

KD
NH 062833, MA 597591470
Coldwell Banker Realty
Listed by Coldwell Banker Realty
$3,700,000
81 days on market
Updated 81 days ago

Fairhaven Condominiums

Details
Property Type Multifamily
Sub Type Apartment Building
Cap Rate 4.57%
NOI $169,000
Parking Spaces 1 per unit

Multifamily | 4.57% CAP

Marketing description

Iconic Mont Vernon Investment Property with Turnkey Luxury Apartments and Expansion Potential!

Perched at the top of a scenic hill in beautiful Mont Vernon, this landmark property has been completely transformed and is now poised for its next visionary owner. Every inch of the building has been renovated with exceptional craftsmanship, resulting in six exquisitely designed apartments - six 2-bedroom units all featuring full baths, and/or 1/2 and 3/4 baths. A charming 2-bedroom carriage house sits adjacent to the main building, offering additional rental income or an ideal owner-occupied option.

Set on 4.65 acres of beautifully landscaped grounds, the property includes full architectural drawings, town approvals, and active permits to construct two additional 2-bedroom units, giving investors a rare opportunity to expand and enhance long-term revenue.

Residents enjoy an array of inviting outdoor spaces, including:

  • A welcoming front porch perfect for gathering

  • A Serene backyard pergola

  • Assigned raised garden beds for personal gardening

  • Private balconies with sweeping views and unforgettable sunsets.

  • one 9 garage spaces

Highlighted features of each unit include tastefully appointed kitchens and baths, open-concept living, hardwood floors, gas-burning stoves for ambience and radiant heat, GEOTHERMAL heating and cooling.

This is a unique chance to acquire a fully renovated, income-producing property with approved expansion potential in one of southern New Hampshire’s most picturesque communities.

Listing Contacts

KD
NH 062833, MA 597591470
Coldwell Banker Realty
Listed by Coldwell Banker Realty

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$169,000.00
$14,083.33/mo

Valuation Metrics

0
DSCR
4.57%
Cap Rate
4.57%
ROI

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Additional Information

Name
Kathleen DeMello
License
062833
Brokerage Phone
603-673-4000
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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