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Two-Unit Residential Income Property

13 Main Street Plaistow, NH 03865

13 Main Street, Plaistow, NH, 03865
$599,000
For Sale
$599,000

MULTI_FAMILY - Other - Plaistow, NH

Property Size1,294 SF
Lot Size0.83 Acres
Price / SF$462.91
Days on Market141

Property Features for 13 Main Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
C-2
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Basement, Bedroom 2, Bedroom 3, Bathroom 2
Standard status
Active
Size
1,294 SF
Lot size
0.83 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
8271

Utilities

Heating system
Oil
Cooling system
Ductless, Zoned
Water source
Well

Building Details

Year built
1910
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Roof type
Shingle
Architectural style
Other
Listing agency Lillian Montalto Signature Properties
Listed by Lillian Montalto · License #79547
Added: Mar 3 Updated: Jul 13 at 9:57PM Checked: Jul 22 at 11:06AM
MLS# 5078036

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.


Investment Insights

Based on property information with market context.

This two-unit multi-family property includes one one-bedroom unit and one two-bedroom unit, for a total of 1,294 square feet. Each unit has its own kitchen and full bath. The building also includes a full basement that can support storage needs. Mechanical systems include oil heat and mini-split cooling, and utilities are served by septic sewer and well water.

The property is situated on a 0.83-acre lot with ample off-street parking. It is located on Main Street in Plaistow, NH, with convenience to shopping, dining, and major routes.

For investors or owner-operators, the current configuration provides two separate, self-contained residences within one building. The stated gross annual rental income is approximately $51,300, offering in-place income. With off-street parking and a full basement, the property is set up for practical day-to-day tenant needs and property management, while the one-bedroom and two-bedroom mix can support a broader range of household preferences.

Key Highlights

  • 2‑unit multi‑family at 13 Main Street (Plaistow, NH) with approx. $51,300 gross annual rental income
  • Unit mix: 1 one‑bedroom unit + 1 two‑bedroom unit, with total living area of 1,294 sq ft
  • Each unit has its own kitchen and full bath

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 $32.6k $25.20
− Vacancy −$1.5k −$1.13
EGI $31.1k $24.07
− OpEx −$9.3k −$7.22
NOI $21.8k $16.85
1,294 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$311.4K
$272.5K – $363.3K (±1% cap)
NOI $21,799 @ 7.0% cap · market cap 3.64%
Second Best
Apartment 5plus
$280.5K
$245.5K – $327.3K (±1% cap)
NOI $19,636 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$430.8K
$377.0K – $502.6K (±1% cap)
NOI $30,157 @ 7.0% cap · market cap 5.03%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Law Firm Real Estate Agency HVAC Service Parking Lot & Garage Hair Salon Grocery & Convenience Store Carpet & Flooring Store Veterinary Clinic Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two rental units with separate kitchens and full baths, generating approximately $51,300 in annual gross rent.
Where is this duplex located?
The property is located at 13 Main Street Plaistow, NH.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 2‑unit multi‑family at 13 Main Street (Plaistow, NH) with approx. $51,300 gross annual rental income; Unit mix: 1 one‑bedroom unit + 1 two‑bedroom unit, with total living area of 1,294 sq ft; Each unit has its own kitchen and full bath
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