518 Province Road, Gilmanton, NH

Property Description

From its address at 518 Province Road, this residential income puts you in Gilmanton, New Hampshire. On offer: 2,784 square feet of living space, at a list price of $460,000. As a multi-unit property it works two ways: live in one unit while the others pay the mortgage, or run the whole building as an investment. Beyond the basics, the listing carries 1930 construction and roughly $165 per square foot. Browse the gallery and specs below; if it fits, we can have you through the door quickly.

PRICE REDUCED! Now $36,500 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 Highlights

518 Province Road is a residential income in Gilmanton, New Hampshire, listed at $460,000. That works out to about $165 per square foot, for a home built in 1930. It has been on the market for 5 months.

From here it is 26.5 miles to Downtown Plymouth / Main Street and 33.1 miles to Owl's Nest Resort. At this latitude, Gilmanton averages roughly 8.4 hours of sun a day in June and 3.6 in December.

Zoned schools in the Gilmanton Sch Dsct SAU #79: Gilford Elementary (Elementary), Gilmanton School (Middle), Gilford High School (High). Always confirm zoning with the district office.

Source: zoned school names are PrimeMLS listing data; distances, sun exposure and school facts are Owl’s Nest Real Estate additions (school facts from the NCES, U.S. Department of Education) — not PrimeMLS data.

Property Details

Essentials & finishes