Renovated Four-Unit Apartment
123 Agassiz Street, Bethlehem, NH 03574
For Sale
$349,000
Multi-Family, Bethlehem, NH
Property Size2,256 SF
Lot Size0.17 Acres
Price / SF$154.70
Days on Market231
Property Features for 123 Agassiz Street
General Information
Property type
Property subtype
Zoning
Rooms
Patio and Porch features
Exterior features
Lot features
Standard status
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Heating system
Water source
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
Derek Greene
(860) 560-1006
Listed By:
Derek Greene
(508) 517-4908
Added: Mar 30
Changed: Nov 5
Last Checked: Nov 15 at 8:06AM
MLS# 5081258
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.
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Investment Insights
Based on property information with market context.
This four-unit apartment property contains 2,256 square feet and sits on a 0.17-acre lot. Three apartments were fully renovated in 2024. Building improvements include a metal roof installed in 2020, a rebuilt exterior third-floor egress completed in 2024, and a high-efficiency propane furnace added in 2025. The property was built in 1900 and has vinyl siding, a covered porch, a basement, and public water. Zoning is RES.
The building is offered individually or as part of a 19-unit Grafton County portfolio. Cable service is available. Its current unit mix includes four apartments.
The building is offered individually or as part of a 19-unit Grafton County portfolio. Cable service is available. Its current unit mix includes four apartments.
Key Highlights
- Four apartment units
- Three of four apartments renovated in 2024
- 2,256 square feet on a 0.17‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,385
Cap Rate
6.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,700
$447.7K
Cap Rate 7%
$319,786
$319.8K
Cap Rate 9%
$248,722
$248.7K
Market Conditions
NOI Build-Up for 2,256 SF
Gross rent
$33.8K $15.00/SF
− Vacancy
−$1.9K −$0.83/SF
EGI
$32.0K $14.17/SF
− OpEx
−$9.6K −$4.25/SF
NOI
$22.4K $9.92/SF
Area
Grafton County, NH
Vacancy
5.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,700
Cap Rate 7%
$319,786
Cap Rate 9%
$248,722
Alternative Uses
Best Use
Multifamily LT 5
$319.8K
$279.8K – $373.1K
NOI $22,385 @ 7.0% cap · market cap 6.41%
Second Best
Apartment 5plus
$293.0K
$256.4K – $341.8K
NOI $20,510 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$496.3K
$434.2K – $579.0K
NOI $34,738 @ 7.0% cap · market cap 9.95%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
132
Businesses Nearby
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Business Placement
Demographics for 03574, NH
2,514
Population
1,401
Households
1.8
Avg Household Size
48
Median Age
45%
College-Educated
96%
High-School Grad
91.0 sq mi
ZIP Area
28
Density / Sq Mi
$83,870
Median Household Income
$47,743
Median Earnings
$1,079
Median Rent
$268,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Three apartments received full interior renovations, with propane-fired baseboard heat serving the building.
Where is this quadplex located?
The property is located at 123 Agassiz Street Bethlehem, NH.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Four apartment units; Three of four apartments renovated in 2024; 2,256 square feet on a 0.17‑acre lot
