Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Carlson Real Estate
Property view

288 Main Street, 
Alton, NH 03809

$500,000


Bed


Bath


2,496

Sq Ft


Multi-Family

Sold

Listed by

Sam Harding, Cell: 603-254-3338

Duston Leddy Real Estate

603-610-8285

MLS#

4971856

Source:

PrimeMLS

Sorry, we are unable to map this address

About This Home

288 Main Street

(Agents, see non-public remarks) Wonderful 3-unit multifamily with excellent value-add potential, just a short walk to Lake Winnipesaukee and Alton Bay. This property is fully leased and has excellent rental history. The three units combined currently gross $56,400 annually. Rents in the 2BR, and 1BR + office units are below market. In addition to the three units, there is a large 30'x50' outbuilding on site that is currently vacant. The garage below is being rented out for storage at $350/month (also below market). There are three furnaces that could be zoned so that each unit is paying their own heat ($6k savings). With the property being zoned Residential Commercial (up to six units), buyers should look into the possibility of adding more units in the outbuilding space. It is perfectly set up to accommodate two 750 sqft, 1-2 BR units, or one large unit. According to the zoning ordinance for residential commercial, you're allowed a unit for every 15,000 sqft of land. With the lot being 73,180 sqft there should be enough acreage to expand, especially with the new 2000 + 500 gal septic system that was installed in 2017.

Home Facts

Multi-Family

Built in 1870

Price Summary

535,000

$214 per Sq. Ft.

MLS #:

4971856

Sold:

April 26, 2024


Rooms & Interior

Interior

Living Area:

2,496 Sq. Ft.


Structure

Structure

Building Area:

3,936 Sq. Ft.

Year Built:

1870


Lot

Lot Size (Sq. Ft):

73,181


Finances & Disclosures

Finances

Price:

$535,000

Price per Sq. Ft:

$214 per Sq. Ft.

MLS Logo
Copyright 2026 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated January 8, 2026