518 Province Rd Gilmanton, NH 03237
Estimated payment $3,175/month
Highlights
- Deck
- Corner Lot
- Landscaped
- Gilmanton Elementary School Rated A-
- Snowmobile Trail
- Heating System Uses Oil
About This Home
Exceptional opportunity to own a turnkey commercial/multifamily investment property ready for its next owner or investor to build long-term equity. With leases already in place, this property offers immediate income potential and helps offset operating expenses from day one. Ideally located in a desirable Gilmanton setting directly across the street from town offices and local businesses, 518 Province Road offers both convenience and strong rental appeal. The property features three units, each with separate meters. The commercial unit is currently operating as a charming country store and includes an oversized walk-in refrigerator, a newly updated bathroom, and beautiful wood floors. The second unit is a spacious two-bedroom, two-level residential apartment with an additional bonus room and two bathrooms, along with a private deck and landscaped backyard that provides a peaceful outdoor retreat and is occupied by long-term tenants. The third unit offers a one-bedroom, open-concept layout with a 3/4 bath and a deck and is currently owner-occupied. This property has seen extensive recent updates, including a new roof, as well as updated plumbing, electrical, drywall, and insulation in the commercial space and second-floor apartment. Additional improvements include a new water pump, water tank, and hot water heater, along with a newer water filtration system completed in 2024, providing peace of mind and reduced maintenance for years to come. With multiple income streams, significant improvements, and stable tenancy, this property presents strong upside potential for investors seeking reliable cash flow and long-term growth. Whether you are expanding your portfolio or looking for a mixed-use property with flexibility, this is a rare opportunity to invest in both income and equity appreciation. Private showings only with proof of funds or preapproval required.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,059
Year Built
- Built in 1930
Lot Details
- 19,166 Sq Ft Lot
- Property fronts a private road
- Landscaped
- Corner Lot
Home Design
- Gambrel Roof
- Concrete Foundation
- Architectural Shingle Roof
- Asbestos Siding
- Clapboard
Interior Spaces
- Property has 2 Levels
- Basement
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
- Assigned Parking
Outdoor Features
- Deck
Schools
- Gilford Elementary School
- Gilmanton Middle School
- Gilford High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Oil
- Pellet Stove burns compressed wood to generate heat
- Separate Meters
- 200+ Amp Service
- Private Water Source
- Drilled Well
- Septic Tank
- Private Sewer
- Leach Field
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 037
- Assessor Parcel Number 127
Community Details
Overview
- 3 Units
Recreation
- Snowmobile Trail
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,303 | $478,900 | $168,300 | $310,600 |
| 2024 | $6,803 | $461,500 | $168,300 | $293,200 |
| 2023 | $7,522 | $321,600 | $138,900 | $182,700 |
| 2022 | $7,709 | $321,600 | $138,900 | $182,700 |
| 2021 | $8,063 | $343,100 | $138,900 | $204,200 |
| 2020 | $7,960 | $343,100 | $138,900 | $204,200 |
| 2019 | $7,819 | $343,100 | $138,900 | $204,200 |
| 2018 | $7,637 | $301,400 | $119,200 | $182,200 |
| 2017 | $7,452 | $300,500 | $119,200 | $181,300 |
| 2016 | $8,278 | $346,200 | $119,200 | $227,000 |
| 2015 | $8,980 | $346,200 | $119,200 | $227,000 |
| 2014 | $7,938 | $346,200 | $119,200 | $227,000 |
| 2013 | $8,092 | $382,600 | $156,900 | $225,700 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/04/2026 05/04/26 | For Sale | $478,900 | -- | $135 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $265,000 | -- | |
| Warranty Deed | $285,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $288,000 | Commercial | |
| Previous Owner | $275,000 | Commercial |
Source: PrimeMLS
MLS Number: 5086619
APN: GILM-000127-000000-037000
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Ask me questions while you tour the home.