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18 Elm Street, Northfield, NH 03276

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For Sale

$199,000

0.35 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 0.3 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Investment Opportunity: Turn-of-the-Century Waterfront Two-Family Home with ADU.Seize this rare chance to own a turn-of-the-century, formally crafted waterfront gem at 18 Elm St, Northfield, NH. Originally a single-family home, this 3,467-square-foot property was thoughtfully converted into a two-family residence with a newly permitted ADU on the third floor. The potential layout consists of: Unit 1 (1st Floor): Two large bedrooms, formal living room, a kitchen, full bath, and private porch.Unit 2 (2nd & 3rd Floors): Up to four bedrooms, a porch, and ADU for added flexibility. Additional Features: Walk-out basement, new roof, and reframed 3rd floor post-2022 fire. Investment Highlights: Estimated Rents: $2,000 $2,700/month per 3-bedroom unit, plus $1,200 $2,000 for the ADU, yielding $5,200 $7,400/month total. Construction Costs: $57,400 $85,300 to complete (plumbing, electrical, insulation, sheetrock, carpentry) ROI Potential: Annual rental income of $62,400 $88,800 against costs of $57,400 $85,300 offers a 5 7 year payback, with 24 35% property value increase post-ADU completion. Prime Location: Waterfront setting enhances desirability and rental demand. Act now to transform this historic property into a high-yield investment!
MLS# 5057314

Courtesy Of eXp Realty

(888) 398-7062

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Lot Size
    0.35 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement

Map and Directions

Directions to 18 Elm Street, Northfield, NH 03276

Home seller CENTURY 21 North East

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CENTURY 21 North East

(800) 844-7653
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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