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7 Water St & 5 Red Gate Ln, Meredith, NH 03253
About this home
WOW! Here's your chance to add 11 units to your portfolio. Great property with Excellent rental income & rental opportunity. INVESTMENT PROPERTIES WITH GREAT CASH FLOW LIKE THIS, GOOD CONDITION, GREAT LOCATION, & SEPARATE UTILITIES (just about all units paid by tenants) don't come available too often. Property is well maintained and 4 of the 11 units are recently renovated. See attached property sheet for rent roll and more information.
Redfin Estimate
Market trends in 03253, NH
Last updated October 2026
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Provided by Redfin
Sale history for 7 Water St & 5 Red Gate Ln
$171/sq ft
$190/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Property details
Interior
- Multi-Unit Information
- Total Units: 11
- # of 1 Bedroom Units: 4
- # of 2 Bedroom Units: 7
- Water: Public
- Sewer: Public
- Electric: On-Site
- Construction: Wood Frame
- Foundation: Fieldstone
- Exterior: Clapboard
- Roof: Shingle - Asphalt
- Driveway: Common/Shared
- Heating: Hot Air
- Heat Fuel: Oil
- Cooling: Individual
- Water Heater: Electric, Tank
Exterior
- Building Information
- Construction Status: Existing
- Approximate Sq. Ft. Total Finished: 3950
- Approximate Sq. Ft. Total: 3950
- Lot, Zoning, & Easement Information
- Lot: 000000
- Level
- Other Property & Lot Information
- Year Built: 1830
Financial
- Tax Information
- Tax Year: 2017
- Gross Amount Tax: 8339
- Other Tax Information
- Page Deed: 0548
Location
- Road Information
- Road Frontage: Yes
- Road Frontage Length: 50
- Paved
- Other Location Information
- Block: 00021
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Multi-Family (5+ Unit)
- Year Built: —
- Year Renovated: —
- County: Belknap County
- APN: —
Around this home
Schools
- K - 12
- Preschool & daycare
Public K-6 • Assigned • 10.8mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 92° expected this year, 17 days in 30 years
7% chance of strong winds in next 30 years
1 unhealthy days expected this year, 1 days in 30 years
Sun exposure
In this area, properties receive around 8.6 hours in June and 3.8 hours in December, placing it below the U.S. average for solar exposure.
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Home values near 7 Water St & 5 Red Gate Ln
| Address | Redfin Estimate |
|---|---|
5 Beds | 5 Baths | 4579 Sq. Ft. | $1,291,484 |
3 Beds | 1.5 Baths | 1316 Sq. Ft. | $581,812 |
3 Beds | 2.5 Baths | 3100 Sq. Ft. | $786,640 |
7 Beds | 2 Baths | 3438 Sq. Ft. | — |
5 Beds | 2 Baths | 3326 Sq. Ft. | $559,981 |
2 Beds | 1.5 Baths | 1506 Sq. Ft. | $491,432 |
3 Beds | 2.5 Baths | 2882 Sq. Ft. | $780,803 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2.5 Baths | 1872 Sq. Ft. | $668,255 |
4 Beds | 3.5 Baths | 2470 Sq. Ft. | $773,351 |
2 Beds | 1.5 Baths | 1506 Sq. Ft. | $482,915 |
3 Beds | 1 Baths | 1309 Sq. Ft. | $417,375 |
4 Beds | 3 Baths | 2369 Sq. Ft. | $769,518 |
3 Beds | 1.5 Baths | 1316 Sq. Ft. | $578,353 |
5 Beds | 4 Baths | 3194 Sq. Ft. | — |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1309 Sq. Ft. | $400,260 |
3 Beds | 1 Baths | 954 Sq. Ft. | $422,440 |
5 Beds | 4 Baths | 3194 Sq. Ft. | $713,328 |
5 Beds | 5 Baths | 4579 Sq. Ft. | $1,406,578 |
3 Beds | 3.5 Baths | 1872 Sq. Ft. | $680,854 |
3 Beds | 2 Baths | 912 Sq. Ft. | $465,969 |
6 Beds | - Baths | 1874 Sq. Ft. | $924,905 |
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