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    Three-Family Residential Building Title is generated by Realmo AI

    163-165 Main Street, Pembroke, NH 03275

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    Claim this Listing
    For Sale
    $525,000

    MULTI_FAMILY - Other - Pembroke, NH

    Property size:
    2,290 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $229/SF
    Added:
    May 4, 2026
    Days on Market:
    60
    Last Refresh:
    Jul 2 at 12:06 am

    Property Features for 163-165 Main Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    B-2
    Rooms
    Basement
    Standard status
    Active
    Size
    2,290 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    8063

    Utilities

    Heating system
    Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1903
    Floors in Building
    2
    Number of units
    3
    Building materials
    Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Contact an agent
    Linda Manter

    Listing agent Linda Manter

    Listing office Manter Realty, LLC PO Box 4206, Bow, NH

    Listing date May 4, 2026

    MLS# 5086927 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.

    HighLights

    • Three‑family property built in 1903, with vinyl siding and a shingle roof
    • Fully occupied with long‑standing tenants on month‑to‑month tenancy at will
    • Units include appliances and in‑unit laundry
    • Forced hot water heat by natural gas, with a newer 5+/- year old efficient furnace
    • Public water service
    • Outdoor garden spaces for tenant use

    Overview

    This well-maintained three-family home offers comfortable, self-contained living for current residents. The apartments convey with appliances and feature individual in-unit laundry, and the property is heated by forced hot water from natural gas. A newer, efficient furnace (approximately 5+ years old) supports reliable heating service. The community layout also includes outdoor garden spaces for residents to enjoy.

    Located in the heart of Pembroke, the property benefits from nearby state routes that can support convenient commuting. Sidewalks and curbing allow residents to walk to services and conveniences in Suncook Village, including a post office, local shops, convenience stores, restaurants, and nearby churches.

    The building is fully occupied by long-standing tenants, currently on a month-to-month tenancy at will. For buyers seeking a turn-key residential income property with established household continuity, the current tenant setup and included in-unit amenities may be a practical fit. The property is also offered in B-2 zoning. Showings are available by appointment, and additional details can be provided upon request.

    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 $49.5k $21.60
    − Vacancy −$2.5k −$1.08
    EGI $47.0k $20.52
    − OpEx −$14.1k −$6.16
    NOI $32.9k $14.36
    2,290 SF · lease $21.60/SF/yr · vacancy 5.00% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $469.9K
    $411.2K – $548.2K (±1% cap)
    NOI $32,894 @ 7.0% cap · market cap 6.27%
    Second Best
    Apartment 5plus
    $433.0K
    $378.9K – $505.2K (±1% cap)
    NOI $30,311 @ 7.0% cap · market cap 5.77%
    Theoretical Best
    Office A
    $596.3K
    $521.7K – $695.7K (±1% cap)
    NOI $41,739 @ 7.0% cap · market cap 7.95%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Pembroke
    County
    Merrimack
    State
    New Hampshire
    Longitude
    -71.45226599
    Latitude
    43.131765

    FAQs

    What type of property is this?
    Triplex - Well-maintained three-family property with garden space and in-unit laundry, fully occupied by month-to-month tenants.
    Where is this triplex located?
    The property is located at 163-165 Main Street Pembroke, NH.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: Three‑family property built in 1903, with vinyl siding and a shingle roof; Fully occupied with long‑standing tenants on month‑to‑month tenancy at will; Units include appliances and in‑unit laundry
    More about this property
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