OFF MARKET

Listed by Alyson Mueller • KW Coastal and Lakes & Mountains Realty. Bought with KW Coastal and Lakes & Mountains Realty/Laconia.

Off Market Aug 2023 for $580K

—

•

2,900

sq ft

192 Parade Rd, Barnstead, NH 03218

About this home

Welcome to the perfect WATERFRONT investment opportunity! Generating over $60,000 in NET INCOME/year, this outstanding 5-unit rental property offers an excellent return on investment and is sure to captivate seasoned investors and aspiring landlords alike. Situated in a desirable location on the Suncook River Reservoir, this property has a history of steady income. Let's explore the unique features and benefits of this remarkable investment: 2 of the 5 units are in the main duplex style building plus there are 3 stand alone units. Each unit has amazing views and access to the reservoir. Tenants are responsible for all their own utilities, including heat and there is ample parking. Updates include new flooring, roofing for some units. This incredible 5-unit rental property presents an exceptional opportunity for investors seeking a lucrative venture in the real estate market. Don't miss your chance to own this one of a kind property - envision your prosperous future! Showings begin, by appointment only on FRIDAY, JUNE 9, 4-6pm & SATURDAY, JUNE 10 from 2-4pm

Multi-familyProperty Type

1965Year Built

1 acresLot Size

$200Price/Sq.Ft.

12 spacesParking

Listed by Alyson Mueller • KW Coastal and Lakes & Mountains Realty

Bought with Shannon Casey • KW Coastal and Lakes & Mountains Realty/Laconia

Redfin checked: 3 minutes ago

•Source:PrimeMLS #4955891

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 03225, NH

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.9%

0.9% MoM

Median sale price

$480K

$10K MoM

Avg. days on market

45d

3 days MoM

Recently sold homes

14 MoM

Provided by Redfin

Sale history for 192 Parade Rd

Date

Event

Price

PrimeMLS #4955891

Aug 21, 2023

Sold

$580,000

$200/sq ft

Jun 16, 2023

Pending

—

Jun 6, 2023

Listed

$595,000

$205/sq ft

PrimeMLS #4457631

Dec 30, 2017

Pending

—

Dec 29, 2017

Sold

$205,000

$71/sq ft

Nov 6, 2017

Contingent

—

Oct 25, 2017

Relisted

—

Sep 21, 2017

Contingent

—

Jul 18, 2017

Relisted

—

Jun 14, 2017

Contingent

—

Mar 9, 2017

Relisted

—

Mar 4, 2017

Delisted

—

Jan 25, 2017

Price Changed

$214,900

$74/sq ft

Aug 31, 2016

Relisted

—

Aug 23, 2016

Delisted

—

Mar 16, 2016

Price Changed

$229,900

$79/sq ft

Oct 24, 2015

Listed

$250,000

$86/sq ft

+13

Year

Property tax

Land + Additions

Assessment*

2025

$9,669 (+5.1%)

$212,400 + $351,400

$563,800

2024

$9,196 (+13.9%)

$212,400 + $351,400

$563,800

2023

$8,076 (+46.2%)

$212,400 + $350,400

$562,800

2022

$5,523 (−1.6%)

$82,900 + $172,800

$255,700

2021

$5,615 (−2.3%)

$82,900 + $172,800

$255,700

2020

$5,745 (+1.2%)

$82,900 + $165,800

$248,700

2019

$5,678 (+2.6%)

$82,900 + $165,800

$248,700

2018

$5,534 (−18.2%)

$82,900 + $165,800

$248,700

2017

$6,768 (+6.0%)

$56,200 + $178,000

$234,200

2016

$6,382 (+0.4%)

$56,200 + $178,000

$234,200

2015

$6,359

$56,200 + $178,000

$234,200

Tax history for 192 Parade Rd

Year

Property tax

Land + Additions

Assessment*

2025

$9,669 (+5.1%)

$212,400 + $351,400

$563,800

2024

$9,196 (+13.9%)

$212,400 + $351,400

$563,800

2023

$8,076 (+46.2%)

$212,400 + $350,400

$562,800

2022

$5,523 (−1.6%)

$82,900 + $172,800

$255,700

2021

$5,615 (−2.3%)

$82,900 + $172,800

$255,700

2020

$5,745 (+1.2%)

$82,900 + $165,800

$248,700

2019

$5,678 (+2.6%)

$82,900 + $165,800

$248,700

2018

$5,534 (−18.2%)

$82,900 + $165,800

$248,700

2017

$6,768 (+6.0%)

$56,200 + $178,000

$234,200

2016

$6,382 (+0.4%)

$56,200 + $178,000

$234,200

2015

$6,359

$56,200 + $178,000

$234,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

43,560

Year renovated

2024

Sq. Ft.

2,900

Year built

1965

Style

Multi-Family (5+ Unit)

County

Belknap County

APN

980625

Parking Spaces

Basement

Yes

Accessible

HOA Dues

—

Garage

Features

Views, Waterfront

Last updated by owner on Dec 16, 2024.

Property details

Interior

Basement Information
Basement: Yes
Basement Access: Walk-up

Exterior

Building Information
Construction Status: Existing
Approximate Sq. Ft. Total Finished: 2900
Approximate Sq. Ft. Total: 3019
Color: Tan/White

Lot, Zoning, & Easement Information
Lot: 27
Level, Water View, Waterfront

Income Information
Net Income: $60,647

Survey Information
Surveyed: Unknown

Boat, Moorage, and Water Information
Water Body Name: Suncook River Reservoir

Other Property & Lot Information
Year Built: 1965
Water View: Yes
Water View: Y
Waterfront: Yes
Waterfront Rights: Exclusively Owned
Water Body Name: Suncook River Reservoir
Water Body Access: Yes
Directly Adjoining

Financial

Tax Information
Tax Year: 2022
Gross Amount Tax: 5523

Other Tax Information
Page Deed: 427

Utilities

Water Information
Water Restrictions: Unknown
Water Frontage Length: 595

Other Utilities Information
Gas - LP/Bottle, Internet - Cable
Yes

Location

Multi-Unit Information
Total Units: 5
# of 1 Bedroom Units: 3
# of 2 Bedroom Units: 2
# of Baths (full): 5
Parking: Parking Spaces 1 - 10
Exterior Features: Deck, Shed, Windows - Double Pane
Water: Private
Sewer: Private
Electric: 100 Amp
Construction: Wood Frame
Foundation: Poured Concrete
Exterior: Vinyl Siding, Wood
Roof: Shingle - Architectural
Driveway: Dirt
Heating: Direct Vent, Hot Water
Heat Fuel: Gas - Liquid Propane Bottle
Cooling: None
Water Heater: Electric
Basement Description: Concrete Floor, Crawl Space

Unit 1 Information
Unit 1 Baths: 1
Unit 1 Bedrooms: 2
Unit 1 Rooms: 5

Unit 2 Information
Unit 2 Baths: 1
Unit 2 Bedrooms: 2
Unit 2 Rooms: 5

Unit 3 Information
Unit 3 Baths: 1
Unit 3 Bedrooms: 1
Unit 3 Rooms: 3

Unit 4 Information
Unit 4 Baths: 1
Unit 4 Bedrooms: 1
Unit 4 Rooms: 4

Unit 5 Information
Unit 5 Baths: 1
Unit 5 Bedrooms: 1
Unit 5 Rooms: 3

Road Information
Road Frontage: Yes
Road Frontage Length: 700
Public

Other Location Information
Directions: GPS to 192 Parade Road, Barnstead.
Block: 0

Public facts

Beds: 7
Baths: 5.0
Sq. Ft.: 2,900
Stories: —
Parking Spaces: 12
Basement: Yes
Accessible: No
Lot Size: 1 acres
Style: Multi-Family (5+ Unit)
Year Built: 1965
Year Renovated: 2024
County: Belknap County
APN: 980625
HOA Dues: —
Garage: No
Features: Views, Waterfront

Home facts updated by owner on Dec 16, 2024

Other

Expense Information
Net Income: 60647
Operating Expenses Include: Insurance, Other, Trash, Utility

Water Body Information
Reservoir
Flood Zone: Unknown

Selling Agent Information
Sell Team: The Legacy Home Group

Around this home

Schools
Places
Transit

Barnstead Elementary School

Public PreK-8 • Assigned • 1.2mi

5/10

Prospect Mountain High School

Public 9-12 • Assigned • 7.7mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 94° expected this year, 15 days in 30 years

4/10 Wind Factor

13% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Barnstead, NH • 03218

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

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Home values near 192 Parade Rd

Data from public records.

Address	Redfin Estimate
157 Parade Rd, Barnstead, NH - Beds \| - Baths \| - Sq. Ft.	$477,589
239 Parade Rd, Barnstead, NH 2 Beds \| - Baths \| 768 Sq. Ft.	$342,170

Address	Redfin Estimate
256 Parade Rd, Barnstead, NH 4 Beds \| 1.5 Baths \| 1653 Sq. Ft.	$438,199
238 Parade Rd, Barnstead, NH 4 Beds \| 2 Baths \| 2220 Sq. Ft.	$389,120

Address	Redfin Estimate
253 Parade Rd, Barnstead, NH 3 Beds \| 2 Baths \| 1176 Sq. Ft.	$209,077
221 Parade Rd Apt A, Barnstead, NH 4 Beds \| 3 Baths \| 3280 Sq. Ft.	$421,945

Property information provided by undefined .

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About this home

Redfin Estimate

Market trends in 03225, NH

Sale history for 192 Parade Rd

Tax history for 192 Parade Rd

Public record

Property details

Around this home

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

Home values near 192 Parade Rd

More real estate resources