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Four-Unit Multifamily with Studio

Webster, NH 03303 Webster, NH 03303

Webster, NH, 03303
$650,000
For Sale
$650,000

MULTI_FAMILY - Webster, NH

Property Size3,934 SF
Lot Size3.00 Acres
Price / SF$165.23
Days on Market180

Property Features

General Information

Property type
Residential Multi Family
Property subtype
Single Family Attached
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
Standard status
Active
Size
3,934 SF
Lot size
3.00 Acres

Building Details

Year built
1800
Listing agency Concord, New Hampshire
Listed by Stacey McDowell
Added: Jan 22 Updated: Jul 20 at 4:09PM Checked: Jul 21 at 11:06AM
MLS# 5074647

Copyright © 2026 Better Homes and Gardens-The Masiello Group. 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 four-unit multifamily property centers on a classic 1800s New Englander and includes professionally designed, turnkey music recording studio space equipped with high-quality audio gear. The home provides flexible living arrangements, including an owner-occupant option with three bedrooms in the primary unit and an attic-level suite with skylights. Two decks extend the outdoor living area, one looking out to the open, secluded yard and another from the second floor front.

The remaining three units include an attached one-bedroom apartment and two studio apartments located in the converted garage and converted barn. The property sits on approximately three private acres in Webster, New Hampshire.

Sold as-is, this is a distinctive income-producing setup designed to combine residential living with dedicated recording space and multiple rental units under one ownership.

Key Highlights

  • Four‑unit multifamily property on approximately 3 private acres in Webster, NH
  • Built in 1800 (classic 1800s New Englander)
  • Professionally designed music recording studio with high‑quality audio gear

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 $85.0k $21.60
− Vacancy −$4.2k −$1.08
EGI $80.7k $20.52
− OpEx −$24.2k −$6.16
NOI $56.5k $14.36
3,934 SF · lease $21.60/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$807.3K
$706.4K – $941.8K (±1% cap)
NOI $56,508 @ 7.0% cap · market cap 8.69%
Second Best
Office B
$785.7K
$687.5K – $916.7K (±1% cap)
NOI $55,000 @ 7.0% cap · market cap 8.46%
Theoretical Best
Office A
$1.02M
$896.3K – $1.20M (±1% cap)
NOI $71,703 @ 7.0% cap · market cap 11.03%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

FAQs

What type of property is this?
Quadplex - Four-unit multifamily property includes a professionally designed turnkey music recording studio plus attached garage and barn studios.
Where is this quadplex located?
The property is located at Webster, NH.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Four‑unit multifamily property on approximately 3 private acres in Webster, NH; Built in 1800 (classic 1800s New Englander); Professionally designed music recording studio with high‑quality audio gear
Contact an agent
More about this property
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