60 Summer St, Bristol, NH 03222

Property Description

Rare expansion opportunity: Seller has conceptual drawings for a proposed 2-family duplex addition (subject to town approvals), offering the potential to increase density and future cash flow. Fully leased 8-unit multifamily investment opportunity in the heart of Bristol, NH, offering immediate cash flow with strong value-add and expansion potential. The unit mix includes five 1-bedroom units, one studio, one 2-bedroom, and one 3-bedroom apartment totaling 6,107± net leasable square feet on a .77-acre lot with public water and sewer. Separately metered and ample on-site parking (10–15 spaces). The property has been well-maintained and has undergone improvements since 2021, including multiple renovated units, interior updates, and the excavation and paving of the driveway and parking area. Additional income is generated from a powered two-stall garage rental and a coin-operated laundry room, with capacity to add another washer. Current rents are below market, creating a clear path for increased revenue through strategic rent adjustments over time. All units are leased with annual renewals, and long-term tenant history supports operational stability. Prime in-town location on a main road with walkability to downtown Bristol for shopping and dining, minutes to Newfound Lake, approximately 20 minutes to Lake Winnipesaukee, and convenient access to Route 93 for commuting to Concord, Manchester, and Boston. Strong rental demand in Grafton County with limited available inventory. Detailed financials available upon execution of a confidentiality agreement. Professional photography and floor plans to be available soon.