Property Description

The roads are starting to take shape on this RARE 10+ acre rental development INVESTMENT opportunity in Downtown Alton! 13 duplexes 26 units in total. Each unit will have 2 beds, home office, 3 baths and 1 car garage totaling 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. Agent is related to one of the sellers. 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 has begun the infrastructure. Perfect opportunity to invest in Low tax Alton!

Property Features