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Duplex with In-Unit Laundry

161 Front Street Exeter, NH 03833

New
161 Front Street, Exeter, NH, 03833
$649,900
For Sale
$649,900

MULTI_FAMILY - Other - Exeter, NH

Property Size2,064 SF
Lot Size0.14 Acres
Price / SF$314.87
Days on Market2

Property Features for 161 Front Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
C-1
Bedrooms
5
Bathrooms
2
Rooms
Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 1, Bedroom 2
Appliances
Natural Gas Water Heater
Standard status
Active
Size
2,064 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
10177

Utilities

Utilities
Cable Available
Heating system
Hot Water(Heating)
Water source
Public

Building Details

Year built
1900
Floors in Building
3
Number of units
2
Flooring type
Vinyl, Laminate, Hardwood
Building materials
Wood Frame, Vinyl Exterior
Roof type
Shingle
Architectural style
Other
Listing Agency Betty LaBranche Real Estate, Inc.
115 Water St, Exeter, NH
Listed by Betty Labranche
Added: Jul 19 Checked: Jul 20 at 12:06 pm
MLS# 5100638 Listing URL

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 duplex provides two distinct living layouts. The first-floor unit features two bedrooms, a kitchen, full bath, and living and dining room. The second/third-story unit offers three bedrooms, a full bath, and a galley kitchen with a dining area. Both units have in-unit laundry, and the property is set up with separate utilities for each unit.

The home is located on Front Street in in-town Exeter. The property includes ample off-street parking for both units, and the owner currently pays for water/sewer while tenants are responsible for heating, hot water, electricity, and cable/internet.

Unit 2 recently vacated and has been repainted and is available for immediate occupancy. Showings are scheduled to begin with an open house on Friday, July 24 from 3–5pm and Saturday, July 25 from 11am–1pm.

Key Highlights

  • In‑town Exeter 2‑unit property on Front Street with ample off‑street parking
  • 1st floor unit: 2 bedrooms, kitchen, full bath, living room and dining room
  • 2nd/3rd story unit: 3 bedrooms, full bath, galley kitchen with dining area

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 $52.0k $25.20
− Vacancy −$2.3k −$1.13
EGI $49.7k $24.07
− OpEx −$14.9k −$7.22
NOI $34.8k $16.85
2,064 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$496.7K
$434.6K – $579.5K (±1% cap)
NOI $34,771 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$447.4K
$391.5K – $522.0K (±1% cap)
NOI $31,321 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$687.2K
$601.3K – $801.7K (±1% cap)
NOI $48,101 @ 7.0% cap · market cap 7.40%
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

HVAC Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Electrical Service Kitchen & Bath Showroom Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Two-unit duplex includes in-unit laundry, separate utilities, and ample off-street parking.
Where is this duplex located?
The property is located at 161 Front Street Exeter, NH.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: In‑town Exeter 2‑unit property on Front Street with ample off‑street parking; 1st floor unit: 2 bedrooms, kitchen, full bath, living room and dining room; 2nd/3rd story unit: 3 bedrooms, full bath, galley kitchen with dining area
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More about this property
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