39 South Barnstead Road, Barnstead, NH
Residential Income
Listed by Tri-State Realty, LLC · Nick Turmel
Property Description
FINAL PRICE REDUCTION to $585,000. Last opportunity before Seller decides to keeps it. Apt. #B Tenants moved out, so showings have begun again! 39 South Barnstead Rd. Center Barnstead, NH 03225. This Luxurious HUGE 2-UNIT MULTIFAMILY has 3 HUGE BEDROOMS & 2 FULL BATHROOMS each unit. Turn-Key Move-in Ready condition. Great for an owner-occupant or for an investor looking for a CASH COW with only 2 units to manage. $66,000 Annual Gross Rent would be $52,775 Annual Net Profit = 9% Cap Rate!!! Fully Renovated inside & outside 4 Years ago in 2022. Luxurious cosmetics and features throughout. Roof, Vinyl Siding, Windows, Heating, Cooling, & Electrical Systems, Appliances, Floors, paint, Kitchens, Bathrooms, etc. White Shaker Cabinets & Quart & boat launches. Lower Suncook Lake, Upper Suncook Lake, Crystal Lake, Halfmoon Lakz Counter-tops in both Kitchens and All 4 Full Bathrooms. Most of the 6 Bedrooms are so Huge they can fit over 2+ KING Size Beds in each Bedroom. 2nd Floor Apt. # B has Central Air. 1st Floor Apt. # A has Mini-Splits. Separate Utilities. The 3rd Floor is an Unfinished Walk-up Attic with Day-light windows and lights. Great Location in the Village of Center Barnstead! 12 minutes to Lake Winnepesaukee Alton Bay. 1 Hour to Nashua & Salem, NH. 20-25 minutes to Concord. 50 mins to the Sea-Coast. Some of the Renovations 4 Years ago: top-to-bottom cosmetics throughout these Huge 3BR/2BA Apts. 1 Acre. Eat-in kitchens. Lots of closets. Washer & Dryer in each unit. Water filtration system.. 4 year New PEX plumbing, flooring, quartz-counters, kitchen appliances, paved driveway. Access to NH’s Lakes Region: The Suncook River runs through Center Barnstead with access via campgrounds & boat launches. Lower Suncook Lake, Upper Suncook Lake, Crystal Lake, Halfmoon Lake. ***SELLER ALREADY HAS A PLACE TO MOVE TO.*** Listing Agent is related to the Seller. The Owner-Occupied 1st Floor Apt. # A is wired for a generator. Very nice portable generator is negotiable.
Property Details
Essentials & finishes
- Bedrooms:0
- Total Baths:0
- SqFt:3,446
- Price / SqFt:$169.76
- Property Type:Residential Income
- Year Built:1900
- County:NH-Belknap
- Town:Barnstead, NH
- Status:Active
- Days on Market:102
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Property History
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No sales history available.
Market Data
Live snapshot computed from active listings in this town
- Active listings in Barnstead34
- Average list price$567,964
- Price range$250,000 – $1,250,000
- Market sentimentBuyer's Market
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- Principal & Interest$2,958
- Property Tax$829
- Home Insurance$122
Estimates use typical New Hampshire costs — a 1.7% effective property-tax rate, insurance at 0.25% of home value/yr, and PMI below 20% down. Actual town tax rates vary; verify with your lender and the town assessor.
Tom DeMatteo
Owl’s Nest Real Estate · Questions?
Market Sentiment
Buyer's MarketBased on 34 active · 0 sold in Barnstead (last 90 days)
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