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Multifamily Property with Private Apartment
For Sale
$425,000
Pending

1583 River Rd, Weare, NH 03281

Includes a separately entered one-bedroom unit, shared coin laundry, and an owned LP gas tank serving the property.

Property SizeContact for details
Days on Market129

Property Features for 1583 River Rd

General Information

Standard status Pending
Property subtype Investment

Additional Details

Utilities to Site Yes

Amenities

shared coin-op laundry

Building Details

Year Built 1996
Units 2
Listed By: Hugh Durack
Source: Elliman
Added: Apr 27 Changed: Aug 30 Last Checked: Aug 30 at 4:53AM

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 Hugh Durack

Investment Insights

Based on property information with market context.

This multifamily property dates to 1996 and includes a first-floor one-bedroom apartment with its own entrance. Shared coin-operated laundry serves the property, while LP gas is separately metered and supplied from an owned tank that transfers with the sale. A roof replacement was completed in 2022, and the property has been reasonably maintained.

The property is located in North Weare, approximately 20 minutes from Concord and 15 minutes from Goffstown. The location is car-dependent, with a walk score of 0 and a bike score of 5. The address is 1583 River Rd, Weare, NH 03281.

Key Highlights

  • First‑floor one‑bedroom apartment with private entrance
  • Roof replaced in 2022
  • Owned LP gas tank conveys with the property

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Auto Repair Shop Hair Salon Nail Salon Law Firm Spa & Massage Center Discount Store

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

Demographics for 03281, NH

9,092
Population
3,987
Households
2.3
Avg Household Size
41
Median Age
44%
College-Educated
96%
High-School Grad
59.1 sq mi
ZIP Area
154
Density / Sq Mi
$115,833
Median Household Income
$58,128
Median Earnings
$1,418
Median Rent
$363,100
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?
Multifamily property - Includes a separately entered one-bedroom unit, shared coin laundry, and an owned LP gas tank serving the property.
Where is this multifamily property located?
The property is located at 1583 River Rd Weare, NH.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: First‑floor one‑bedroom apartment with private entrance; Roof replaced in 2022; Owned LP gas tank conveys with the property
More about this property
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