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Three-Family Residential Income Property
For Sale
$680,000
Pending

456 N State St, Concord, NH 03301

Well-maintained three-unit home with a recently renovated vacant unit, offering flexible owner-occupant or rental income options.

Days on Market45

Property Features for 456 N State St

General Information

Standard status Pending
Property subtype Investment

Additional Details

Multifamily Units 3

Building Details

Year Built 1890
Listing Agency: LM Investments
Listed By: Lucas Leo
Source: Elliman
Added: Jun 17 Changed: Jul 10 Last Checked: Jul 30 at 11:19AM

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 LM Investments

Investment Insights

Based on property information with market context.

This three-family residential property is well-maintained and configured as three separate units. A previously vacant unit was completely gutted to the studs and renovated with modern finishes. The building presents an income-producing setup for buyers seeking either all-rental operation or owner-occupancy with additional units available for rent.

Located at 456 N State St in Concord, NH, the property is positioned for convenient day-to-day access. Residents have quick access to I-93, and the area also offers proximity to downtown Concord’s walkable Main Street as well as nearby dining and shopping corridors.

For owner-occupants, the layout supports a practical “house hack” approach, with the opportunity to live in one unit while renting the other two. For investors, the existing three-unit structure and the recent renovation to the previously vacant unit may help streamline the path to stabilizing occupancy. With its updated unit condition and three separate living spaces, this property is designed to meet a range of residential income ownership strategies.

Key Highlights

  • 3‑family property built in 1890
  • Vacant unit was gutted to the studs and fully renovated with modern finishes
  • Owner‑occupant option: live in one unit and collect rent from the two other units

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Electrical Service Auto Parts Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

60
Businesses Nearby

Demographics for 03301, NH

33,352
Population
14,486
Households
2.3
Avg Household Size
43
Median Age
42%
College-Educated
92%
High-School Grad
49.2 sq mi
ZIP Area
678
Density / Sq Mi
$85,943
Median Household Income
$49,749
Median Earnings
$1,355
Median Rent
$344,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Well-maintained three-unit home with a recently renovated vacant unit, offering flexible owner-occupant or rental income options.
Where is this triplex located?
The property is located at 456 N State St Concord, NH.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: 3‑family property built in 1890; Vacant unit was gutted to the studs and fully renovated with modern finishes; Owner‑occupant option: live in one unit and collect rent from the two other units
More about this property
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