Appleton Garden Apartments

New Ipswich, New Hampshire, a charming town nestled in the Monadnock Region, offers a quintessential New England experience characterized by its scenic beauty and tranquil atmosphere. Surrounded by rolling hills and lush forests, it boasts a rich history evident in its preserved colonial architecture and town commons. This peaceful community, known for its strong sense of local pride and outdoor recreational opportunities, provides a serene escape while remaining within reach of larger towns and cultural attractions in southern New Hampshire.New England Realty Advisors LLC is pleased to present the Appleton Garden Apartments for sale, located in New Ipswich, NH. This multifamily property consists of (23) units with (12) two-bedroom and (11) one-bedroom apartments. There is an on-site laundry facility along with a utility room on the ground-level floor. The landlord is responsible for providing hot water through the central propane boiler, and tenants are responsible for paying electricity. The building is situated on a 3.011-acre lot with a private well and septic system. The utility room is equipped with a state-of-the-art well pump and filtration system, which provides the entire building with water. The rents are currently 25% below market rate, with 19 out of 23 units being tenants at will. Investors can raise rents to the market rate without major capital improvements, as many of the units have already been updated. All interested parties will have the opportunity to obtain additional information upon request. NH Broker of Record Andrew Samonas