Rebuilt 3-Unit
13 Myrtle Street, Hillsborough, NH 03244
For Sale
$660,000
Pending
Apartments offer a mix of two- and three-bedroom layouts, each with 1.5 baths.
Property Size3,714 SF
Days on Market119
Property Features for 13 Myrtle Street
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Sprinkler System
Amenities
shared laundry
Building Details
Year Built
Buildings
Listing Agency:
Nicole Porro
Listed By:
Nicole Porro · License #070948
(603) 724-7423
Source:
Longviewcre
Added: Jul 14
Changed: Nov 8
Last Checked: Nov 8 at 5:11PM
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 Nicole Porro
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,714-square-foot triplex was rebuilt after a fire and dates to 1900. Its three apartments comprise two units with three bedrooms and 1.5 baths each, plus one unit with two bedrooms and 1.5 baths. Mini-split systems serve each apartment, and the building has a sprinkler system and shared basement laundry.
Key Highlights
- 3,714‑square‑foot triplex rebuilt after a fire
- Two 3‑bedroom, 1.5‑bath apartments and one 2‑bedroom, 1.5‑bath apartment
- Mini‑split systems in all three apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,541
Cap Rate
8.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,090,820
$1.1M
Cap Rate 7%
$779,157
$779.2K
Cap Rate 9%
$606,011
$606.0K
Market Conditions
NOI Build-Up for 3,714 SF
Gross rent
$82.5K $22.20/SF
− Vacancy
−$4.5K −$1.22/SF
EGI
$77.9K $20.98/SF
− OpEx
−$23.4K −$6.29/SF
NOI
$54.5K $14.69/SF
Area
Hillsborough County, NH
Vacancy
5.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,090,820
Cap Rate 7%
$779,157
Cap Rate 9%
$606,011
Alternative Uses
Best Use
Multifamily LT 5
$779.2K
$681.8K – $909.0K
NOI $54,541 @ 7.0% cap · market cap 8.26%
Second Best
Apartment 5plus
$721.9K
$631.7K – $842.2K
NOI $50,532 @ 7.0% cap · market cap 7.66%
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,536 @ 7.0% cap · market cap 12.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Explore this area
Business Placement
Demographics for 03244, NH
8,001
Population
3,667
Households
2.2
Avg Household Size
44
Median Age
25%
College-Educated
95%
High-School Grad
82.5 sq mi
ZIP Area
97
Density / Sq Mi
$93,886
Median Household Income
$51,022
Median Earnings
$1,112
Median Rent
$252,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Triplexes in Hillsborough County, NH
Properties on Market for Triplexes in Hillsborough County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Apartments offer a mix of two- and three-bedroom layouts, each with 1.5 baths.
Where is this triplex located?
The property is located at 13 Myrtle Street Hillsborough, NH.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: 3,714‑square‑foot triplex rebuilt after a fire; Two 3‑bedroom, 1.5‑bath apartments and one 2‑bedroom, 1.5‑bath apartment; Mini‑split systems in all three apartments
