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5-9 Merchant St 14 Unit Apartment Building $1,867,576 CAD ($133,398 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 | $1,867,576 CAD | Building Class | C |
| Price Per Unit | $133,398 CAD | Lot Size | 0.33 AC |
| Sale Type | Investment | Building Size | 11,000 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 | $1,867,576 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 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | WLPO M:00028 L:000106 S:000000 | Improvements Assessment | $1,532,934 CAD |
| Land Assessment | $135,711 CAD | Total Assessment | $1,668,645 CAD |
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
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5-9 Merchant St
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