$1,020,000

360 School Street, Rumney, NH 03266

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon1acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

This listing courtesy of Allen Meringolo, Dwellings Residential

Well-maintained 7-unit multifamily property in Rumney, NH, located just outside downtown Plymouth and near major employers including Plymouth State University and Speare Memorial Hospital as well as major ski & tourist areas. The building includes a mix of 1BR, 2BR, and 3BR units with a strong history of occupancy and stable rental income. Five of the seven units have been renovated, and recent capital projects include building system upgrades, a full basement drainage project, and deck and stairway repairs. Tenants benefit from convenient access to local services and year-round outdoor recreation in the White Mountains region. Investors benefit from a high-demand rental market with limited supply and continued upside. Additional opportunities include: renovate two additional units and increase income; explore the addition of an 8th unit (buyer to verify); and convert the large unfinished basement into rentable storage (buyer to verify). A solid income-producing asset in a supply-constrained Central NH market with long-term demographic and economic tailwinds. Diligence materials—including rent roll, financials, and capex records—available upon request. Showings available by appointment only for qualified buyers. The listing agent holds an ownership interest in the property.

Listing Status:
Pending
Date Added:
May 3, 2025 at 05:00AM
Listing Office:
Dwellings Residential : 603-313-1397
Listing Agent:
Allen Meringolo : 301-651-1944
MLS ID:
5039247

This listing courtesy of Allen Meringolo, Dwellings Residential

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Plymouth Regional High School

86 Old Ward Bridge Rd, Plymouth, NH, 03264

Grades 9-12

5.56 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.