Courtesy Of Mary Duquette Of Nh Brokerage Llc
518 Province Rd Gilmanton, NH 03237
518 Province Rd Gilmanton, NH 03237 | MLS 5086619 Photo 1
518 Province Rd Gilmanton, NH 03237 | MLS 5086619 Photo 2
518 Province Rd Gilmanton, NH 03237 | MLS 5086619 Photo 3
518 Province Rd Gilmanton, NH 03237 | MLS 5086619 Photo 4
518 Province Rd Gilmanton, NH 03237 | MLS 5086619 Photo 5
For more information on this listing, contact us at: (603) 293-7227
Active
$460,000
-3.9%

518 Province Rd Gilmanton, NH 03237

Multi-Family Property Type
3,552 Sq. Ft.
1930 Year Built
Belknap County
View All Property Details
PRICE REDUCED! Now $36,500 Below Assessed Value! Instant Equity from Day One. This turnkey commercial/multifamily property presents an outstanding investment opportunity with immediate income potential. With established leases already in place, you'll benefit from cash flow from day one while building long-term equity. Ideally located in the heart of Gilmanton, directly across from the town offices and local businesses, 518 Province Road offers outstanding visibility, convenience, and strong rental appeal. The property features three separately metered units, creating multiple income streams and added flexibility. The commercial unit is home to a charming country store and features beautiful wood floors, an oversized walk-in refrigerator, and a newly renovated bathroom. The second unit is a spacious two-bedroom, two-level apartment with two bathrooms, an additional bonus room, a private deck, and a beautifully landscaped backyard retreat. This unit is occupied by long-term tenants. The third unit is a one-bedroom, open-concept apartment with a A¾ bath and a private deck and is currently owner-occupied. Both residential units include their own private laundry. Extensive updates have already been completed, including a new roof, updated plumbing, electrical, drywall, and insulation in the commercial space and second-floor apartment. Additional improvements include a new water pump, pressure tank, and hot water heater, along with a newer water filtration system installed in 2024, providing peace of mind and reducing future maintenance costs. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this well-maintained mixed-use property offers strong cash flow, significant recent capital improvements, and excellent long-term investment potential. Proof of funds or lender pre-approval is required prior to scheduling a showing.
MLS # 5086619
Monthly HOA N/A
On Site 169 Days
Last Updated 9/24/2026

Listing Agent/Office

Agent Mary Duquette
Office Nh Brokerage LLC
Office Phone 800-335-9022

Location

Contact Agent

Jason E. Starr

Jason E. Starr

(603) 293-7227

Property Details

Community Information

Address 518 Province Rd, Gilmanton, NH 03237
County Belknap
City Gilmanton
Zip Code 03237

School Information

High School Gilford High School
Middle School Gilmanton School
Elementary School Gilford Elementary

Architecture

Year Built 1930
Stories 2
Style Apartment Building, Gambrel, Multi-Family
Construction Asbestos Exterior, Clapboard Exterior, Combination Exterior
Unit 1 2 beds, 2, baths. Rent: $1800 (paidMonthly). Status: Leased
Unit 2 1 bed, 1, bath, level 2nd Floor. Status: Owner Occupied
Unit 3 1, bath. Rent: $1400 (paidMonthly). Status: Leased
Roof Architectural Shingle
Foundation Concrete
Basement Bulkhead, Interior Access, Interior Stairs, Partially Finished

Features / Amenities

Exterior Features Deck
Parking Assigned, Driveway, Paved
Cooling Wall AC Units
Heating Oil, Pellet Stove, Electric

Square Footage Finished Sq. Ft.

Above Grade 2784
Below Grade 768
Total 3552

Square Footage Unfinished Sq. Ft.

Below Grade 151
Total 151

Property Features

Lot Size 0.44 Acres
Lot Description Corner, Landscaped, In Town, Near Snowmobile Trails
Lot 037
Utilities Cable Available, Telephone Available
Water Drilled Well, Private
Sewer 1500+ Gallon, Concrete, Leach Field, Private, Septic
Electric 200+ Amp Service, Circuit Breaker(s)
Driveway Paved
Road Frontage Type Public Maintained Road
Zoning Commercial/Residential
Directions GPS Friendly

Tax and Financial Info

Tax Annual Amount $7,562
Tax Year 2026

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Price Change History

Date Old Price New Price Percent Change
7/20/2026 $478,900 $475,000
-0.8%
7/27/2026 $475,000 $465,000
-2.1%
9/11/2026 $465,000 $462,500
-0.5%
9/24/2026 $462,500 $460,000
-0.5%

Schools

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518 Province Rd Gilmanton, NH 03237 | MLS 5086619
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Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated October 17, 2026.