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$1,575,000   Price Analysis
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353 Baptist Rd
Canterbury, NH 03224
Unknown bed 12 bath 8,618 SqFt ($182/SqFt)
5.03 acre lot. Built 1790
Listed 2024-04-10, Taxes $13,280
May be USDA loan restricted due to income limits
near Canterbury

Canterbury Hall is a former Assiste d Living facility that operated for 30+/- years.

The owner closed this business in March 2021 and obtained permits for conversion to a multi-family. Since that time, the property has had 12 rentals in beautifully maintained spaces. Many of the units are shared with common kitchen, dining and living rooms. There are three apartments with private kitchens and all units have private bathrooms.

The historic building is a lovely 2 story structure with an ell connecting it to a large 3 story barn. It sits on 5.03 acres of pasture with stone walls and pretty views. The extrior of the building is as carefully maintained as the interior and features 2 brick patios, 3 decks and a lovely 3 season porch. The historic beauty of this property has been carefully preserved with original flooring, masonry and decor while upgrading the facility's amenities. An extraordinary opportunity!!


Presented by Scott Walker at
Premiere Properties.


Property MLS #4990849 from PrimeMLS

Cooling Features: Individual
Heating Features: Baseboard, Heat Pump
Heating Fuel: Electric, Oil, Solar

Full Bathrooms: 12

Basement Description: Basement Description: Concrete, Concrete Floor, Full, Storage Space, Unfinished, Walkout, Interior Access, Exterior Access, Stairs - Basement, Basement: Yes

Frontage Length: 400
Road Frontage Type: Yes
Roads: Paved, Public

Driveway: Paved
Parking Features: Parking: Barn, Driveway, On-Site, Parking Spaces 11 - 20, Paved, Unpaved

Lot Size Acres: 5.0300045
Lot Size Square Feet: 219107

Gross Income: 197800

Number of Units: 12

Annual Tax Amount: 13598
Source Listing Status: Active
County: NH-Merrimack
Directions: From Rt 106 headed north from Concord go to intersection with Shaker Rd. Take a left and follow Shaker Rd to Baptist Rd. Go left and the property will be on the left, 353 Baptist Road. It approximately 2 miles from the turn off of Rt 106.
Tax Year: 2023
Source Property Type: Multi-Family
Property Location: Abuts Conservation, Historic District, Rural
Zoning: Agriculture/Conservation
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$504,100 + $143,400
$647,500
$13,280
2020$484,400 + $101,900
$586,300
$16,176
2019$484,400 + $101,900
$586,300
$16,340
2018$484,400 + $101,900
$586,300
$15,578
2017$484,400 + $101,900
$586,300
$15,232
2016$484,400 + $101,900
$586,300
$14,628
2015$434,600 + $105,900
$540,500
$14,356
2014$434,600 + $105,900
$540,500
$14,621

Listed 2024-04-10
$1,575,000
PrimeMLS

Net Operating Income: 135735

Total Square Feet Living: 8618
Year Built: 1790
Above Grade Finished Area: 8618
Above Grade Unfinished Area: 1400
Below Grade Unfinished Area: 2070
Construction Materials: Wood Frame, Clapboard Exterior, Shingle Siding, Wood Exterior
Foundation Details: Concrete
Property Age: 234
Property Condition: Existing
Roof: Shingle - Asphalt
Levels or Stories: 2
Total Area Sqft: 12088
Architectural Style: Apartment Building, Colonial, Multi-Family

Electric: Circuit Breaker(s)
Sewer: Septic
Cable - Available
Water Source: Drilled Well

Canterbury Elementary School is a public elementary school located approximately 3 miles away.
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Belmont Middle School is a public elementary and middle school located approximately 6.7 miles away.
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Belmont High School is a public high school located approximately 7.5 miles away.
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Canterbury Children's Center is a private elementary school located approximately 3.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.