An exceptional opportunity to acquire an established five-unit multifamily investment in desirable New London, New Hampshire. Situated on approximately 1.4 acres along a quiet dead-end road, this property combines the appeal of a peaceful residential setting with convenient access to Pleasant Lake, downtown New London, Interstate 89, and the Upper Valley. With a history of full occupancy and low tenant turnover, the property offers an established rental income stream and attractive potential for future growth. The five residential units include two one-bedroom apartments and three two-bedroom apartments, providing a desirable mix of rental accommodations. Current rents offer an opportunity for increased revenue over time, further strengthening the property's long-term investment potential. Residents enjoy proximity to local shopping, dining, recreation, and the amenities of the Lake Sunapee Region, along with convenient commuting access to employment centers throughout the Upper Valley. Whether expanding an existing real estate portfolio or establishing a cornerstone investment, 112 Hillcrest Road presents a compelling combination of location, income stability, and future upside in one of New Hampshire's desirable communities.
Features
8 bedrooms
5 bathrooms
6846 sq. ft. floor area
crop_free60984 sq. ft. lot size
cottageMulti-Family
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Local market activity for 8 bedroom multi families in New London
Sold
For Sale
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