Triplex with Private
29 Spaulding Street, Milford, NH 03055
New
MULTI_FAMILY - Other - Milford, NH
Property size:
2,811 SFLot size:
0.87 AcresPrice / SF:
$248/SF- Added:
- Jun 11, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 12 at 12:06 am
Property Features for 29 Spaulding Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- A
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 4, Bedroom 5, Bedroom 4, Basement
- Parking features
- Assigned, RV, Paved or Surfaced, Garage, Driveway, Off Street
- Patio and Porch features
- Porch, Deck
- Exterior features
- Deck, Partial Fence, Garden Space, Natural Shade, Enclosed Porch, Screened Porch, Shed, Storage, Window Screens, Greenhouse
- Fencing
- Partial
- Standard status
- Active
- Size
- 2,811 SF
- Lot size
- 0.87 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9138
Utilities
- Heating system
- Oil, Forced Air
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Combination, Hardwood, Tile, Carpet, Laminate
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle, Metal
- Architectural style
- Other
- Additional Structures
- Storage, Greenhouse
Listing agent Winn Gianino (603) 848-9559
Listing office Coldwell Banker Realty Nashua 569B Amherst St., Bedford, NH (603) 673-4000
Listing date Jun 11, 2026
MLS# 5094303
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.
HighLights
- Multi‑unit home built in 1920 with a first‑floor 3‑bedroom unit and two 1‑bedroom units on the 2nd floor
- Each apartment has its own parking and private entrance, plus W&D hook‑ups
- Updates in the last 3 years include new roofs for multiple areas, new hot water heater, and improvements to water line and metering
- Outdoor features include a front farmers porch, back screened porch and deck, plus natural shade and garden space
- Property includes a detached oversized garage and a partially renovated addition with water & sewer
- Garden amenities include raised beds, 5 blueberry bushes, and a Reeds Ferry shed; includes greenhouse
Overview
This well-maintained triplex offers a first-floor 3-bedroom unit and two one-bedroom units on the second floor. Each apartment has its own parking and private entrance, along with washer and dryer hookups. Updates noted in the last three years include new roofs on the front porch, back porch, the entrance to apartment B, and the garage, plus a new hot water heater, waterline to the street, water meter, and a paved driveway. The property has also had professional support added in the cellar within the last year, and it includes a detached oversized garage with a partially renovated addition that has water and sewer, suitable for a studio, workshop, or other flex use.
Located on a dead-end road in the heart of Milford, the home is surrounded by perennial gardens designed for year-round enjoyment. Outdoor space includes a front farmer’s porch overlooking the gardens and a back screened porch or deck overlooking the private backyard, where raised beds, blueberry bushes, and a garden shed are already in place.
With two tenants currently in place, the property presents an owner-occupied or multi-generational-friendly setup, while also supporting investment use as a move-in-ready multi-unit home. Showings begin at the scheduled open house on Sunday 6/14 from 11:00 AM to 1:00 PM.
Located on a dead-end road in the heart of Milford, the home is surrounded by perennial gardens designed for year-round enjoyment. Outdoor space includes a front farmer’s porch overlooking the gardens and a back screened porch or deck overlooking the private backyard, where raised beds, blueberry bushes, and a garden shed are already in place.
With two tenants currently in place, the property presents an owner-occupied or multi-generational-friendly setup, while also supporting investment use as a move-in-ready multi-unit home. Showings begin at the scheduled open house on Sunday 6/14 from 11:00 AM to 1:00 PM.
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 | $62.4k | $22.20 |
| − Vacancy | −$3.4k | −$1.22 |
| EGI | $59.0k | $20.98 |
| − OpEx | −$17.7k | −$6.29 |
| NOI | $41.3k | $14.69 |
2,811 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$589.7K
$516.0K – $688.0K
NOI $41,280 @ 7.0% cap · market cap 5.91%
Second Best
Apartment 5plus
$546.4K
$478.1K – $637.4K
NOI $38,246 @ 7.0% cap · market cap 5.47%
Theoretical Best
Specialty Retail
$5.15M
$4.51M – $6.01M
NOI $360,511 @ 7.0% cap · market cap 51.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Milford
- County
- Hillsborough
- State
- New Hampshire
- Longitude
- -71.6629156
- Latitude
- 42.8320647
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Triplex in Milford with separate parking, private entrances, and in-unit washer/dryer hookups for each apartment.
Where is this triplex located?
The property is located at 29 Spaulding Street Milford, NH.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Multi‑unit home built in 1920 with a first‑floor 3‑bedroom unit and two 1‑bedroom units on the 2nd floor; Each apartment has its own parking and private entrance, plus W&D hook‑ups; Updates in the last 3 years include new roofs for multiple areas, new hot water heater, and improvements to water line and metering
