REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Mary Duquette • NH Brokerage LLC
$ 465,000
Est. payment /mo
Price Dropped by $10K
518 Province RD Gilmanton, NH 03237
0.44 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5100564
Year Built 1930
Annual Tax Amount $7,562
Tax Year 2026
Lot Size 0.440 Acres
Acres 0.44
Property Description
PRICE REDUCED! Now $31,500 Below Assessed Value! Instant Equity from Day One. This turnkey commercial/multifamily property presents an outstanding investment opportunity with immediate income potential. With established leases already in place, you'll benefit from cash flow from day one while building long-term equity. Ideally located in the heart of Gilmanton, directly across from the town offices and local businesses, 518 Province Road offers outstanding visibility, convenience, and strong rental appeal. The property features three separately metered units, creating multiple income streams and added flexibility. The commercial unit is home to a charming country store and features beautiful wood floors, an oversized walk-in refrigerator, and a newly renovated bathroom. The second unit is a spacious two-bedroom, two-level apartment with two bathrooms, an additional bonus room, a private deck, and a beautifully landscaped backyard retreat. This unit is occupied by long-term tenants. The third unit is a one-bedroom, open-concept apartment with a ¾ bath and a private deck and is currently owner-occupied. Both residential units include their own private laundry. Extensive updates have already been completed, including a new roof, updated plumbing, electrical, drywall, and insulation in the commercial space and second-floor apartment. Additional improvements include a new water pump, pressure tank, and hot water heater, along with a newer water filtration system installed in 2024, providing peace of mind and reducing future maintenance costs. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this well-maintained mixed-use property offers strong cash flow, significant recent capital improvements, and excellent long-term investment potential. Proof of funds or lender pre-approval is required prior to scheduling a showing.
Location
State NH
County Nh-belknap
Area Nh-Belknap
Zoning Village District
Rooms
Basement Entrance Walk-up
Basement Partially Finished
Interior
Inclusions Land/Building
Exterior
Utilities Available Cable Available, Telephone Available
Roof Type Architectural Shingle
Building
Sewer Leach Field, Private, Septic
Nearby Locations