118 NH RT 4a Active

Lebanon,NH 03766

$ 4400000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Development,Investment,Multi-Family,Opportunity

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5014811

Annual Tax Amount $47,100

Tax Year 2024

Property Description

Discover this extraordinary investment opportunity from a Motivated Seller at Mascoma Lake, offering a 21-unit portfolio consisting of 3 prime locations on NH Rt. 4a. The portfolio includes two single-family waterfront homes located at 117 and 125 NH Rt. 4a, providing stunning lake views and private beach access, perfect for year-round enjoyment. Adjacent to 117 NH Rt. 4a is a versatile 11-unit multifamily property, featuring waterfront apartments, with large trex deck overlooking the lake. It has its owned beach access, offering tenants direct lakefront enjoyment and enhancing its rental appeal. Across the street at 118 NH Rt. 4a, are 8 townhomes, each with 2-3 bedrooms. They offer immense potential for a condo conversion, making this an exciting opportunity for developers or investors. Whether you're looking for a long-term rental income opportunity or a chance to develop a premium lakeside community, this portfolio delivers with a blend of residential and multifamily potential. Don't miss your chance to own a rare slice of Mascoma Lake living.

Location

State NH

County Nh-grafton

Area Nh-Grafton

Zoning RL2

Body of Water Lake

Rooms

Basement Entrance Interior

Basement Interior Access

Interior

Inclusions Land/Building

Basement Type Interior Access

Exterior

Utilities Available Cable - At Site

Waterfront Description Yes

View Y/N Yes

Water Access Desc Yes

View Yes

Waterfront Description Yes

Building

Sewer Public

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