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Listed by Heather Mann • Hometown Property Group
$ 1,600,000
Est. payment | /mo
10.4 Acres Lot
$ 1,600,000
Est. payment | /mo
10.4 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5058353
Lot Size 10.400 Acres
Acres 10.4
Property Description
RARE 10+ acre rental development opportunity in Downtown Alton! 13 duplexes 26 units in total. Each unit has 2 beds, home office, 3 baths and 1 car garage totalling 1,770 Sqft. per unit. Roadways to be completed to grade with a course coat of asphalt. Underground power infrastructure to be completed per NH Electric Co-op specifications. The water main will be upgraded per Alton Water Department standards and curb stops for each building. Individual approved septic systems will be installed by the buyer during construction, but the approved designs will be provided. Earn rental income while constructing with existing Duplex and large 3 story barn. Onsite Billboard for advertising faces Rt 28. Property is adjacent to walking trail directly to Hannaford. Project is shovel ready with state and local permits in hand. The seller has building permit and is ready to begin infrastructure. Perfect opportunity to invest in Low tax Alton!
Location
State NH
County Nh-belknap
Area Nh-Belknap
Zoning RC
Interior
Inclusions Barn, Land/Building
Exterior
Utilities Available Underground Utilities
Building
Sewer Private
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Kris Labrake
REALTOR® | Lic# 070372