Meredith, NH

2 Waukewan Avenue

Last sold Apr 6, 2026 for $537,000

Listed at $510,000

MLS# 5076898

3,353 Sq Ft
$160 $/Sq Ft
0.34 acres Lot
1860 Built

Investment Summary

Units
4
Multi-Family
Price / Unit
$127,500
Tax / Unit
$909.60/yr
$3,638.41 total
Cap Rate
9.0%
NOI / Price
GRM
8.6x
Gross Rent Multiplier
Gross Income
$59,400/yr
NOI
$45,875/yr
Zoning: Residential

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Description

Exceptional investment opportunity in the heart of Meredith! This well-maintained 4-unit multi-family property is ideally located just a short walk to downtown shops, restaurants, the town beach, and public boat launch — offering tenants the very best of Lakes Region living. The building features a strong unit mix of two 2-bedroom apartments, one 1-bedroom apartment, and one studio, appealing to a wide range of renters. Separate utilities provide added value and reduced owner expenses, making this an efficient and attractive income-producing property. Fully rented with solid rental history, this property generates consistent cash flow and presents a turnkey opportunity for investors looking to expand their portfolio in one of New Hampshire’s most desirable lakefront communities. Prime location. Strong income. Excellent long-term upside.

Features

Heating

Propane
Baseboard
Direct Vent
Electric

Cooling

None

Parking

Driveway
Parking Spaces 6+
Unassigned

Financial

Annual Taxes
$3,638.41

Location

Listing History

This property was listed on Feb 18, 2026. It sold on Apr 6, 2026 for $537,000.

Multi-Family · NH-Belknap County · Listed Feb 18, 2026 · Sold Apr 6, 2026

About Meredith, NH

Meredith sits where Lake Winnipesaukee, Waukewan, and Paugus Bay converge. Its bustling town center features Mill Falls Marketplace, year-round dining, and the Meredith Sculpture Walk. It's the commercial hub of the northern lake region, with strong tourism and a growing year-round economy.

Mill Falls Marketplace & inns
Annual Sculpture Walk
Meredith Bay boardwalk & public docks
Annalee Dolls headquarters
Gateway to Squam Lake & White Mountains
Year-round dining & entertainment
County: Belknap
Population: ~6,600
Schools: Inter-Lakes (SAU 2)

Distances are approximate. Click any destination for driving directions. NH has no state income tax or sales tax.

Recently Sold in Meredith

AddressSold PriceSold
00 Pease Road$240,000Apr 3, 2026
18 Hickorywood Circle$707,500Apr 1, 2026
56 Patrician Shores Circle$830,000Mar 31, 2026
9 Enterprise Court$1,050,000Mar 31, 2026
65 Tucker Mountain Road$744,000Mar 27, 2026
00 Tracy Way$485,000Mar 26, 2026

Closed sales in the past 12 months. Data from PrimeMLS.

$537,000

Sold Apr 6, 2026

Sq Ft3,353
$/Sq Ft$160
Lot0.34 acres
Built1860
Listing courtesy of RE/MAX Innovative Bayside · The Platinum Group · 603-279-0079 · chriskelly@baysidenh.net · Selling office: RE/MAX Innovative Bayside
PrimeMLS

Listing information provided by PrimeMLS for personal, non-commercial use. Data deemed reliable but not guaranteed. © 2026 PrimeMLS, Inc.