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Five-Unit Riverfront Apartment Building
For Sale
$499,000
Pending

12 Elm Street, Northfield, NH 03276

Established tenants and a property manager are already in place.

Property Size4,060 SF
Days on Market53

Property Features for 12 Elm Street

General Information

Standard status Pending
Size 4,060 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 1BR, 2 x 2BR, 2 x 3BR
Multifamily Units 5

Building Details

Year Built 1890
Listing Agency: 603 Birch Realty, LLC
Listed By: Alison Scott · License #281548
Source: Welcomeaboderealty
Added: Aug 28 Changed: Oct 16 Last Checked: Oct 19 at 4:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 603 Birch Realty, LLC

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Investment Insights

Based on property information with market context.

This 4060-square-foot apartment building contains five residential units with a varied configuration: one one-bedroom apartment, two two-bedroom apartments, and two three-bedroom apartments. Built in 1890, the property is positioned along the Winnipesaukee River and offers a distinctive older-building profile for a multifamily owner.

The existing occupancy and management setup provide an operating foundation, with tenants and a property manager already in place. Located at 12 Elm St in Northfield, NH, the property combines a five-unit residential layout with direct riverfront context.

Key Highlights

  • Five apartment units totaling 4060 square feet
  • Unit mix includes one 1‑bedroom, two 2‑bedroom, and two 3‑bedroom apartments
  • Situated along the Winnipesaukee River

Property Analytics

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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

301
Businesses Nearby

Demographics for 03276, NH

8,766
Population
3,984
Households
2.2
Avg Household Size
44
Median Age
26%
College-Educated
91%
High-School Grad
39.3 sq mi
ZIP Area
223
Density / Sq Mi
$79,270
Median Household Income
$47,810
Median Earnings
$1,024
Median Rent
$245,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Established tenants and a property manager are already in place.
Where is this apartment building located?
The property is located at 12 Elm Street Northfield, NH.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Five apartment units totaling 4060 square feet; Unit mix includes one 1‑bedroom, two 2‑bedroom, and two 3‑bedroom apartments; Situated along the Winnipesaukee River
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