5 - 9 Merchant St, Walpole, NH 03609
- Garage
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
- 1
- 0
Overview
Excellent 14-Unit Investment Opportunity – North Walpole, NH
Discover a solid, income-producing property that checks all the boxes for both stability and future upside! These two side-by-side apartment buildings offer a total of 13 well-maintained units and a 14th unit to be finished.
The owners have already completed updates in nearly every apartment, featuring modern kitchens, fresh paint, new flooring, and other thoughtful improvements—only one unit remains ready for your finishing touch. With long-term attentive tenants, these buildings run smoothly and enjoy an excellent reputation in the neighborhood.
Additional highlights include a one-car garage that can generate extra income and a huge unfinished area spanning two upper floors—perfect for adding a spacious new apartment or two smaller units. Current rents include some utilities, but with the individual meters that are already installed, there’s potential to transition to tenant-paid utilities and further increase your net operating income.
This is a turnkey investment with strong performance, proven stability, and clear pathways for growth.
Location
Full feature list
Basic info
- Property type
- Other residential
- Number of stories
- 2.5
- Lot size (acres)
- 0.33
- Year built
- 1892
Interior features
- Basement
- Yes
Garage and parking
- Garage parking spaces
- 1
Utilities
- Heating
- Propane
- Cooling
- None
Public schools
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Sourced from: PrimeMLS MLS®#: 5069029 Last checked: …

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