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518 Province Road, Gilmanton, NH 03237

$478,900
  • 518 Province Road, Gilmanton, NH 03237 Main Photo

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New to the Market Active
BEDS3 BATHS4 full SQUARE FEET3,552 MLS#5086619
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLGilmanton Sch Dsct SAU #79

Listing Courtesy of: NH Brokerage LLC
Agency Phone: 800-335-9022
Associate Name: Mary Duquette
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Property Description

Coming soon! Exceptional opportunity to own a turnkey commercial/multifamily investment property ready for its next owner or investor to build long-term equity. With leases already in place, this property offers immediate income potential and helps offset operating expenses from day one. Ideally located in a desirable Gilmanton setting directly across the street from town offices and local businesses, 518 Province Road offers both convenience and strong rental appeal. The property features three units, each with separate meters. The commercial unit is currently operating as a charming country store and includes an oversized walk-in refrigerator, a newly updated bathroom, and beautiful wood floors. The second unit is a spacious two-bedroom, two-level residential apartment with an additional bonus room and two bathrooms, along with a private deck and landscaped backyard that provides a peaceful outdoor retreat and is occupied by long-term tenants. The third unit offers a one-bedroom, open-concept layout with a 3/4 bath and a deck and is currently owner-occupied. This property has seen extensive recent updates, including a new roof, as well as updated plumbing, electrical, drywall, and insulation in the commercial space and second-floor apartment. Additional improvements include a new water pump, water tank, and hot water heater, along with a newer water filtration system completed in 2024, providing peace of mind and reduced maintenance for years to come. With multiple income streams, significant improvements, and stable tenancy, this property presents strong upside potential for investors seeking reliable cash flow and long-term growth. Whether you are expanding your portfolio or looking for a mixed-use property with flexibility, this is a rare opportunity to invest in both income and equity appreciation. Private showings only with proof of funds or preapproval required.

518 Province Road | MLS# 5086619

This multi-family property located at 518 Province Road, Gilmanton, NH 03237 is currently listed for sale with an asking price of $478,900. Province Road is located within the Gilmanton Sch Dsct SAU #79 school district. Search Gilmanton real estate on www.ahousetohomerealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Bulkhead, Partially Finished, Interior Stairs, Interior Access
Cooling: Wall AC Units
Heating: Oil, Pellet Stove, Electric
Home Style: Apartment Building, Gambrel, Multi-Family
Lot Size: 0.44 Acres
Roof Type: Architectural Shingle
Stories: 2.0
Taxes: $7,059
Year Built: 1930

Units

Unit 1:
Bathroom(s): 2
Bedrooms: 2
Rent: $1800.00
Unit 2:
Bathroom(s): 1
Bedrooms: 1
Unit 3:
Bathroom(s): 1
Rent: $1400.00

Amenities

Deck

Feature Descriptions

Construction: Asbestos Exterior, Clapboard Exterior, Combination Exterior
Construction Status: Existing
Days on Site: 5
Driveway: Paved
Driveway: Paved
Electric: 200+ Amp Service, Circuit Breaker(s)
Exterior: Asbestos Exterior, Clapboard Exterior, Combination E
Flood Zone: No
Foundation: Concrete
Foundation: Concrete
Lot: Corner, Landscaped, In Town, Near Snowmobile Trails
Parking: Assigned, Driveway, Paved
Roads: Public Maintained Road
Sewer: 1500+ Gallon, Concrete, Leach Field, Private, Septic
Sq. Ft. Total Finished: 3552
Total Stories: 2
Units: 3
Water: Drilled Well, Private
Zoning: Commercial/Residential

Local Schools

High School: Gilford High School
Middle School: Gilmanton School
Elementary School: Gilford Elementary
School District: Gilmanton Sch Dsct SAU #79

Listed By / Shown By

Listed By

Agency Name: NH Brokerage LLC
Agency Phone: 800-335-9022
Agent Name: Mary Duquette

Shown By

Agency Title: A House to Home Realty
Agency Phone: (603) 752-7202

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Estimate Your Payment

Estimated Payment

$ 1,793.75 per month $1,065.82 Principal & Interest $588.25 Property Tax $139.68 Homeowner's Insurance

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