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5-9 Merchant St 14 Unit Apartment Building $1,860,975 CAD ($132,927 CAD/Unit) North Walpole, NH 03609



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 | $1,860,975 CAD | Building Class | C |
| Price Per Unit | $132,927 CAD | Lot Size | 0.34 AC |
| Sale Type | Investment | Building Size | 9,373 SF |
| No. Units | 14 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1890 |
| Property Subtype | Apartment | Parking Ratio | 2.55/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | Residential | ||
| Price | $1,860,975 CAD |
| Price Per Unit | $132,927 CAD |
| Sale Type | Investment |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 9,373 SF |
| No. Stories | 3 |
| Year Built | 1890 |
| Parking Ratio | 2.55/1,000 SF |
| Zoning | Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 2+1 | 6 | - | - |
| 3+1 | 2 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | WLPO M:00028 L:000106 S:000000 | Improvements Assessment | $1,537,622 CAD |
| Land Assessment | $136,126 CAD | Total Assessment | $1,673,747 CAD |
PROPERTY TAXES
Parcel Number
WLPO M:00028 L:000106 S:000000
Land Assessment
$136,126 CAD
Improvements Assessment
$1,537,622 CAD
Total Assessment
$1,673,747 CAD
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5-9 Merchant St
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