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Four-Home Residential Income Property

235 Young Road Barrington, NH 03825

235 Young Road, Barrington, NH, 03825
$649,900
For Sale
Under Contract
Claim this Listing
$649,900

MULTI_FAMILY - Other - Barrington, NH

Property Size3,520 SF
Lot Size2.61 Acres
Price / SF$184.63
AddedJul 7
Days on Market10
Last RefreshJul 16 at 1:06 pm

Property Features for 235 Young Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RURAL
Bedrooms
7
Bathrooms
4
Rooms
Bathroom 1, Bathroom 4, Bedroom 3, Bedroom 5, Bedroom 6, Bedroom 7, Bathroom 2, Bathroom 3, Basement, Bedroom 2, Bedroom 4, Bedroom 1
Standard status
Active Under Contract
Size
3,520 SF
Lot size
2.61 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
8916

Utilities

Utilities
Propane
Heating system
Electric (Heating), Forced Air, Propane (Heating), Baseboard
Water source
Private

Building Details

Year built
1950
Floors in Building
1
Number of units
4
Building materials
Wood Frame
Roof type
Shingle
Architectural style
Other

Listing agent Jeremiah Gordon

Listing office KW Coastal and Lakes & Mountains Realty 750 Lafayette Rd., Portsmouth, NH

Listing date Jul 7, 2026

MLS# 5098429 Listing URL

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This property consists of four single-family homes on one lot. Two of the homes are currently rented to long-term tenants. The remaining two homes require work, including minor rehab for one and additional renovation to be market-ready. Each home includes a private backyard.

Located in Barrington, New Hampshire within the Oyster River School District, the property is situated on a 2.61-acre lot. The public remarks note the location is just a few minutes’ drive from the public boat launch on Swains Lake.

For tenants, this configuration supports a mix of rental households while keeping each home’s outdoor space private. For owner-occupants or investors, the property offers a straightforward path to stabilize current rentals and complete the needed improvements in the other homes to expand rental availability. With four separate homes sharing one lot, it may also fit buyers looking to live in one unit and rent out the others.

Key Highlights

  • 4 single‑family homes on 1 lot with private back yards for each home
  • 2.61‑acre lot in the Oyster River School District
  • Rented long term: 2 homes occupied by long‑term tenants; remaining homes need minor rehab and renovation to rent

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $52.8k $15.00
− Vacancy −$1.8k −$0.50
EGI $51.0k $14.50
− OpEx −$15.3k −$4.35
NOI $35.7k $10.15
3,520 SF · lease $15.00/SF/yr · vacancy 3.32% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$510.5K
$446.7K – $595.6K (±1% cap)
NOI $35,733 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$470.8K
$412.0K – $549.3K (±1% cap)
NOI $32,956 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$941.7K
$824.0K – $1.10M (±1% cap)
NOI $65,920 @ 7.0% cap · market cap 10.14%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

HVAC Service Building Supply Big Box & Wholesale Store Grocery & Convenience Store Travel Agency Real Estate Agency

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four single-family homes on one lot, with two long-term rentals and two homes needing rehab and renovation.
Where is this quadplex located?
The property is located at 235 Young Road Barrington, NH.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 4 single‑family homes on 1 lot with private back yards for each home; 2.61‑acre lot in the Oyster River School District; Rented long term: 2 homes occupied by long‑term tenants; remaining homes need minor rehab and renovation to rent
Contact an agent
More about this property
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