288 Main Street, Alton, NH 03809
288 Main Street

288 Main Street

288 Main Street, Alton, NH


  • 5 Beds
  • 1.68 Acres Lot
  • 2,496 Sq.Ft. Living
  • 1870 Year Built
  • Sold Status
  • 4971856 MLS® ID
(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.
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  • Total Bedrooms5
  • Total Bathrooms4

Area & Lot

  • Status Sold
  • Living Area2,496 Sq.Ft.
  • Lot Area1.68 Acres
  • MLS® ID4971856
  • TypeMulti-Family
  • YEAR BUILT1870


  • Garage Spaces4.0
  • roofShingle - Architectural
  • parkingDetached, Leased, Other, Parking Spaces 6
  • HEAT TYPEForced Air, Gas - LP/Bottle
  • sewerSeptic Shared


  • Sales Price$500,000
  • Real Estate Tax $3,549/yr

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