Loon Mountain Luxury Homes

139 - 141 Main Lincoln NH 03251

MLS Number 4622592

  • Commercial
  • Year Built 1950
  • Acreage 0.7

Large one of a kind property in the most popular ski town in New Hampshire - LINCOLN ... where Loon Mt Ski Area is located. SOLID RENTAL INCOME ....There are currently 15 rental units... consisting of an older motel ( 8 units) - A separate bldg with an existing 2 bdrm apartment, 1 efficiency apt and 1 commercial space AND 1 other bldg. with 1 apartment and 2 commercial spaces. NOTE commercial could be residential. 2 existing apartments and 2 spaces 2 are occupied by the owner as commercial spaces, 11 are residential rentals from rooms to two bedroom apartments and one is undergoing further renovations to be a 2 bedroom apartment. rents are paid by tenants on a weekly basis. Many , many uses are available for this property. Owner will consider some financing... with favorable terms to be negotiated. Owner prefers to do a like kind exchange so target properties will need to be selected. Two of the buildings have been extensively renovated and updated. There is LOTS of room for adding more units and this property fronts on THREE streets. There is a garage type building that can be improved into 2 to 4 more apartments. More information is available Broker / Owner interest

Listed by Greg Nash of Loon Valley Real Estate

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Federal 30-year interest rate: 3.65% last updated on Jan 16, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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