Property Details
Basic Information
- MLS Number: 5047200
- List Price: $999,000
- Lot Description: Country Setting, River, River Frontage, Secluded, Waterfront, Wooded, Rural
- Date Listed: 06/18/2025
- Virtual Tour: Virtual Tour
- Units: 6
- Description: Prime Investment Opportunity!! Don't miss this well-maintained and professionally managed 6-unit apartment complex set on over 3 acres with more than 500 feet of frontage along the Swift River. The property includes five 2-bedroom, 2-bath townhouse-style units, each approximately 1,200 square feet, and one spacious 3-bedroom, 2-bath unit with about 1,700 square feet. Two units have patios, the rest have decks. All units are in great condition and produce strong cash flow. Recent improvements include a new septic system for one building and a newer drilled well, tree removal, driveway regrading and other items. Radiant heat on the 1st level and baseboard hot water on the 2nd level in all units by propane. Gross annual income is approximately $118,000. Tenants pay their own utilities and can enjoy the common area at the river. Conveniently located just off Route 113 and close to town, this property combines a strong return with long-term potential.
Building
- Acreage: 3.29
- Square Feet: 7,700
- Year Built: 2003
- Zoning: TAMWOR
- Roof: Metal
- Building Construction: Wood Frame
- Foundation: Concrete Slab
Location
- County: Carroll
- Town: Tamworth
Finance
- Taxes: $14,616
Interior Features
Bathrooms
- Bathrooms: 12
Basement
- Basement: Slab
Utilities and Appliances
Utilities and Appliances
- Utilities: Cable at Site
Community
Schools
- Elementary School: Kenneth A. Brett School
- High School: A. Crosby Kennett Sr. High
Amenities
- Other Amenities: Basement, Waterfront
Other Details
Water
- Water Access: Owned
- Water Body Name: Swift River
- Water Body Type: River
- Waterfront: 532
- Water: Drilled Well, Private