Listed by Sara Reineman • BHHS Verani Wolfeboro (Cell: 781-708-5825). Bought with BHHS Verani Wolfeboro.
Off market may 2024 for $525K
$669,222
5
bd
•
3 ba
•
4,198
sq ft
7 Elm St, Freedom, NH 03836
About this home
7 Elm Street is an exceptional investment property in the charming town of Freedom, New Hampshire. This 3-unit multi-family building is situated in the heart of this historic New England village and represents a rarely found investment opportunity. Since acquiring the property in 2021, the owner has undertaken significant upgrades, including: roof and window replacements, electrical system updates to meet current code, installation of new sidewalks and parking, and extensive interior renovations featuring new appliances, countertops, and paint (please refer to the comprehensive list to see additional improvements). Each of the three apartments has its own private entrance, distinct character, and stunning views of a picturesque waterfall. The property's prime location, in the peaceful and idyllic town of Freedom, offers easy access to: Ossipee Lake, popular skiing destinations, and shopping in nearby Conway. Portland, Maine is just an hour's drive away. This property is an ideal opportunity for investors, homeowners or those seeking a combination of both. Come visit this property soon as investment properties are hard to come by in this area. Additionally, don't miss the opportunity to view 16 Old Portland Road, (the single family on the other side of the waterfall) MLS #4992272.
Grandfathered in home based business, this 2 family home sits in the heart of Freedom Village, Charming 1800's colonial, has updated kitchen looking over waterfall out your back door; kitchen has tile floors, maple cabinets and an island; formal diningroom and livingroom with beautiful hardwood floors, the den/library can be home office or guest bedroom; there is a two bedroom apartment with its own furnace and waterheater. ..
PrimeMLS #2
Aug 27, 2016
Price Changed
$250,000
$60/sq ft
Jul 15, 2016
Price Changed
$255,000
$61/sq ft
PrimeMLS #1
Jul 7, 2015
Price Changed
$290,000
$69/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,895 (+2.9%)
$62,100 + $465,000
$527,100
2024
$3,785 (−19.8%)
$62,100 + $465,000
$527,100
2023
$4,721 (+7.3%)
$31,600 + $398,400
$430,000
2022
$4,399 (−5.7%)
$31,600 + $398,400
$430,000
2021
$4,666 (+1.7%)
$31,600 + $398,400
$430,000
2020
$4,588
$31,600 + $398,400
$430,000
2019
$4,585 (+4.9%)
$34,800 + $303,300
$338,100
2018
$4,372 (+2.6%)
$34,800 + $303,300
$338,100
2016
$4,260 (−1.7%)
$34,800 + $303,300
$338,100
2015
$4,334 (−0.8%)
$43,600 + $314,600
$358,200
2014
$4,370
$43,600 + $314,600
$358,200
Tax history for 7 Elm St
Year
Property tax
Land + Additions
Assessment*
2025
$3,895 (+2.9%)
$62,100 + $465,000
$527,100
2024
$3,785 (−19.8%)
$62,100 + $465,000
$527,100
2023
$4,721 (+7.3%)
$31,600 + $398,400
$430,000
2022
$4,399 (−5.7%)
$31,600 + $398,400
$430,000
2021
$4,666 (+1.7%)
$31,600 + $398,400
$430,000
2020
$4,588
$31,600 + $398,400
$430,000
2019
$4,585 (+4.9%)
$34,800 + $303,300
$338,100
2018
$4,372 (+2.6%)
$34,800 + $303,300
$338,100
2016
$4,260 (−1.7%)
$34,800 + $303,300
$338,100
2015
$4,334 (−0.8%)
$43,600 + $314,600
$358,200
2014
$4,370
$43,600 + $314,600
$358,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
5
Baths
3.5
Stories
3
Lot width
—
Lot depth
—
Lot size
7,841 Sq. Ft.
Year renovated
—
Sq. Ft.
5,210
Year built
1820
Style
Other
County
Carroll County
APN
57417
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 5, 2026.
Property details
Interior
Virtual Tour
Basement Information
Basement: Yes
Basement Access: Interior
Exterior
Building Information
Architectural Style: New Englander
Construction Status: Existing
Construction Materials: Vinyl Siding
Approximate Sq. Ft. Total Finished: 4198
Approximate Sq. Ft. Total: 5210
Color: White
Lot, Zoning, & Easement Information
Lot: 32
Lot Features: Corner, Level, River, Stream, View, Water View, Waterfall, Waterfront
Income Information
Net Income: $50,729
Survey Information
Surveyed: Unknown
Boat, Moorage, and Water Information
Water Body Name: Cold Brook
Other Property & Lot Information
Year Built: 1820
Water View: Yes
Water View: Y
Waterfront: Yes
Waterfront Rights: Shared
Water Body Name: Cold Brook
Water Body Access: No
Financial
Tax Information
Tax Year: 2023
Gross Amount Tax: 4721
Taxes TBD: Unknown
Other Tax Information
Page Deed: 605
Utilities
Water Information
Water Restrictions: Unknown
Water Source: Public
Other Utilities Information
Internet: Internet - Cable
Cable - Available
Location
Multi-Unit Information
Total Units: 3
# of 1 Bedroom Units: 1
# of 2 Bedroom Units: 2
# of Baths (full): 3
Parking: Parking Spaces 2
Sewer: Private, Septic
Electric: 200 Amp
Foundation: Granite
Roof: Metal, Shingle - Asphalt
Driveway: Paved
Heating: Hot Water, Steam
Heat Fuel: Oil
Cooling: None
Flooring: Carpet, Hardwood, Laminate, Tile
Basement Description: Dirt Floor, Unfinished
Unit 1 Information
Unit 1 Approximate Sq. Ft.: 1860
Unit 1 Baths: 2
Unit 1 Bedrooms: 2
Ceiling Fan, Carbon Monoxide Detector, Deck, Dishwasher, Heat - Oil, Kitchen Island, Microwave, Range - Electric, Refrigerator, Smoke Detector