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Three-Unit Income Property with Post Office

12 School St, Cornish, NH 03745

For Sale
$650,000

Well-maintained three-unit building plus a long-term post office lease, with tenants covering utilities and heat.

Property Size3,015 SF
Price / SF$215.59
Days on Market144

Property Features for 12 School St

General Information

Standard status Active
Size 3,015 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 3

Building Details

Year Built 1842
Tenancy Multi
Listing Agency: Century 21 Highview Realty
Listed By: Roz Caplan
Source: Fhghomesnh
Added: Jun 23 Changed: Nov 13 Last Checked: Oct 7 at 3:48PM

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 Century 21 Highview Realty

Rey
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Investment Insights

Based on property information with market context.

This well-cared-for 3-unit investment package features two townhouse-style 2-bedroom units and one junior 1-bedroom unit. In addition, the property includes the Cornish Post Office under a long-term 5-year lease that has been recently renewed. The residential units are structured so tenants pay for heat, electricity, and hot water, helping separate utility responsibility from ownership.

Located in the heart of Cornish at 12 School St, the property sits on just over an acre of land, contributing to its rural character. Walk and bike scores provided in the listing indicate the area is somewhat bikeable but more car-dependent, which can be relevant for tenant and customer access.

For investors or owner-operators seeking a mixed-use income profile, this offering pairs recurring residential rental income with an operating post office on a recently renewed term. The combination of townhouse-style apartments and a separately leased post office can support flexible positioning within an income-focused portfolio. Listing information is reflected as multifamily, with post office details available upon request.

Key Highlights

  • 1842 year‑built, well‑cared‑for 3‑unit building in Cornish
  • Unit mix includes two townhouse‑style 2‑bedroom units and one junior 1‑bedroom unit
  • Long‑term 5‑year post office lease recently renewed

Property Analytics

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Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 03745, NH

1,616
Population
859
Households
1.9
Avg Household Size
53
Median Age
41%
College-Educated
98%
High-School Grad
42.0 sq mi
ZIP Area
38
Density / Sq Mi
$89,046
Median Household Income
$59,900
Median Earnings
$1,521
Median Rent
$277,400
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?
Triplex - Well-maintained three-unit building plus a long-term post office lease, with tenants covering utilities and heat.
Where is this triplex located?
The property is located at 12 School St Cornish, 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: 1842 year‑built, well‑cared‑for 3‑unit building in Cornish; Unit mix includes two townhouse‑style 2‑bedroom units and one junior 1‑bedroom unit; Long‑term 5‑year post office lease recently renewed
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