518 Province Road, Gilmanton, NH 03237
Local realty services provided by:CENTURY 21 McLennan & Company
518 Province Road,Gilmanton, NH 03237
$462,500
- 3 Beds
- - Baths
- 3,552 sq. ft.
- Multi-family
- Active
Listed by: mary duquette
Office: nh brokerage llc.800-335-9022
MLS#:5086619
Source:PrimeMLS
Price summary
- Price:$462,500
- Price per sq. ft.:$124.9
About this home
PRICE REDUCED! Now $34,000 Below Assessed Value! Instant Equity from Day One. This turnkey commercial/multifamily property presents an outstanding investment opportunity with immediate income potential. With established leases already in place, you'll benefit from cash flow from day one while building long-term equity. Ideally located in the heart of Gilmanton, directly across from the town offices and local businesses, 518 Province Road offers outstanding visibility, convenience, and strong rental appeal. The property features three separately metered units, creating multiple income streams and added flexibility. The commercial unit is home to a charming country store and features beautiful wood floors, an oversized walk-in refrigerator, and a newly renovated bathroom. The second unit is a spacious two-bedroom, two-level apartment with two bathrooms, an additional bonus room, a private deck, and a beautifully landscaped backyard retreat. This unit is occupied by long-term tenants. The third unit is a one-bedroom, open-concept apartment with a ¾ bath and a private deck and is currently owner-occupied. Both residential units include their own private laundry. Extensive updates have already been completed, including a new roof, updated plumbing, electrical, drywall, and insulation in the commercial space and second-floor apartment. Additional improvements include a new water pump, pressure tank, and hot water heater, along with a newer water filtration system installed in 2024, providing peace of mind and reducing future maintenance costs. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this well-maintained mixed-use property offers strong cash flow, significant recent capital improvements, and excellent long-term investment potential. Proof of funds or lender pre-approval is required prior to scheduling a showing....
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Home facts
- Year built:1930
- Listing ID #:5086619
- Added:138 day(s) ago
- Updated:September 19, 2026 at 10:29 AM
Rooms and interior
- Bedrooms:3
- Basement Description:Bulkhead, Interior, Interior Access, Partially Finished
- Living area:3,552 sq. ft.
Heating and cooling
- Cooling:Wall AC
- Heating:Electric, Oil
Structure and exterior
- Year built:1930
- Building area:3,552 sq. ft.
- Lot area:0.44 Acres
- Levels:2 Story
Schools
- High school:Gilford High School
- Middle school:Gilmanton School
- Elementary school:Gilford Elementary
Utilities
- Sewer:Concrete, Leach Field, Private, Septic
Finances and disclosures
- Price:$462,500
- Price per sq. ft.:$124.9
- Tax amount:$7,562 (2026)
Features and amenities
- Amenities:Circuit Breaker(s)
Parking
- Parking description:Paved Driveway
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