In-Town Duplex with Off-Street
161 Front Street Exeter, NH 03833
For Sale
$649,900
Duplex with two separate units, in-unit laundry, and ample off-street parking for both sides.
Property Size2,064 SF
Price / SF$314.87
Days on Market11
Property Features for 161 Front Street
General Information
Standard status
Active
Size
2,064 SF
Property subtype
Multi-family
Lease Term
[]
Building Details
Year Built
1900
Listing Agency:
Betty LaBranche Real Estate,Inc.
Listed By:
Betty Labranche
(617) 510-4783
Source:
Lakesregionrealestate
Added: Jul 19
Changed: Jul 26
Last Checked: Jul 29 at 12:33AM
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 Betty LaBranche Real Estate,Inc.
Investment Insights
Based on property information with market context.
This in-town duplex is arranged as two separate units, with the first-floor unit offering two bedrooms, a kitchen, a full bath, and living and dining space. The second/third-story unit includes three bedrooms, a full bath, a galley kitchen with a dining area, and in-unit laundry. Both units have separate utilities, and each unit’s in-unit laundry is provided.
The property is located on Front Street in Exeter, NH, close to Exeter schools and parks, with access to greater commuter routes. The listing notes ample off-street parking for both units. Current tenant responsibilities include heating, hot water, electricity, and cable/internet, while the owner pays for water/sewer.
Unit 2 recently vacated and has been completely repainted, with availability for immediate occupancy. Showings are scheduled to begin with open house events on Friday, July 24 from 3-5pm and Saturday, July 25 from 11am-1pm.
The property is located on Front Street in Exeter, NH, close to Exeter schools and parks, with access to greater commuter routes. The listing notes ample off-street parking for both units. Current tenant responsibilities include heating, hot water, electricity, and cable/internet, while the owner pays for water/sewer.
Unit 2 recently vacated and has been completely repainted, with availability for immediate occupancy. Showings are scheduled to begin with open house events on Friday, July 24 from 3-5pm and Saturday, July 25 from 11am-1pm.
Key Highlights
- Duplex (Year Built 1900) on desirable Front Street in in‑town Exeter
- Two separate units with in‑unit laundry for each unit
- 1st‑floor unit: 2 bedrooms, kitchen, full bath, living room, and dining room
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
NOI $34,771 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$447.4K
$391.5K – $522.0K
NOI $31,321 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$687.2K
$601.3K – $801.7K
NOI $48,101 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with two separate units, in-unit laundry, and ample off-street parking for both sides.
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: Duplex (Year Built 1900) on desirable Front Street in in‑town Exeter; Two separate units with in‑unit laundry for each unit; 1st‑floor unit: 2 bedrooms, kitchen, full bath, living room, and dining room
