Share This Listing

Message

963 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

5-9 Merchant St 14 Unit Apartment Building $1,867,576 CAD ($133,398 CAD/Unit) North Walpole, NH 03609

Save this listing!

Favourite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

Excellent 14-Unit Investment Opportunity – North Walpole, NH Discover a solid, income-producing property that checks all the boxes for both stabilityand future upside! These two side-by-side apartment buildings offer a total of 13 well-maintained units and a 14th unit to be finished. The owners have alreadycompleted updates in nearly every apartment, featuring modern kitchens, fresh paint, new flooring, and other thoughtful improvements—only one unit remains ready foryour finishing touch. With long-term attentive tenants, these buildings run smoothly and enjoy an excellent reputation in the neighborhood. Additional highlights include aone-car garage that can generate extra income and a huge unfinished area spanning two upper floors—perfect for adding a spacious new apartment or two smaller units.Current rents include some utilities, but with the individual meters that are already installed, there’s potential to transition to tenant-paid utilities and further increase yournet operating income. This is a turnkey investment with strong performance, proven stability, and clear pathways for growth.

PROPERTY FACTS

Price $1,867,576 CAD
Price Per Unit $133,398 CAD
Sale Type Investment
No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.33 AC
Building Size 11,000 SF
No. Stories 3
Year Built 1890
Parking Ratio 2.55/1,000 SF
Zoning Residential

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 6 - -
2+1 6 - -
3+1 2 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WLPO M:00028 L:000106 S:000000
Land Assessment
$135,711 CAD
Improvements Assessment
$1,532,934 CAD
Total Assessment
$1,668,645 CAD
  • Listing ID: 38691002

  • Date on Market: 2025-12-08

  • Last Updated:

  • Address: 5-9 Merchant St, North Walpole, NH 03609

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}