Property Description

15 Elm Street, Haverhill, NH presents a compelling multi-family investment opportunity in a high-demand rental market with strong occupancy. This four-unit apartment building features three spacious two-bedroom units and one one-bedroom unit, all offering generous layouts, updated interior paint, and access to on-site laundry. The property includes an attached barn providing substantial additional storage or potential for future expansion into additional units, subject to proper permitting. A separate small garage space adds even more flexibility for tenant or owner storage. With town water and town sewer already in place, the groundwork is set for future development and value enhancement. Improvements include updated heating systems and electrical, reducing near-term capital expenses. Ample off-street parking is available, an attractive amenity for tenants. The property is conveniently located near the hospital, schools, and local shopping, making it highly desirable for long-term renters. Centrally positioned with easy access to Interstate 91, the location offers straightforward commutes to Lebanon, NH; St. Johnsbury, VT; Littleton, NH; and other key Upper Valley and regional New Hampshire and Vermont destinations. This asset is situated in a town known for a strong rental market and consistently high occupancy rates, and it boasts an impressive 13.2% cap rate, making it an excellent opportunity for investors seeking both cash flow and future upside potential. A solid, income-producing property with expansion possibilities in a prime location?ideal for both seasoned investors and those looking to grow their portfolio. * please note, some of the photos in the listing have been digitally altered to remove personal belongings to protect the privacy of the tenants. For additional listing photos, please contact an agent. Notice to tenants required prior to all showings.

Property Features

Units

Local Schools