Downtown Duplex with B-1
For Sale
$575,000
Pending
179 Main St., Pembroke, NH 03275
Residential Income, Pembroke, NH
Property Size2,400 SF
Lot Size0.55 Acres
Days on Market48
Property Features for 179 Main St.
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
B-1
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 2, Bedroom 1
Parking
6
Fireplace
1
Elementary school
Pembroke Hill School
Middle school
Three Rivers School
High school
Pembroke Academy
Directions
Please use GPS.
Standard status
Pending
APN
148171
Size
2,400 SF
Lot size
0.55 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
7720
Amenities
pool
storage shed
vegetable and wildflower gardens
new decks
expansive farmer's porch
beehive ovens
Building Details
Year built
1778
Floors in Building
3
Number of units
2
Listing Agency:
Keller Williams Gateway Realty · Keller Williams Realty
(603) 912-5470
Listed By:
Norm Aboshar
(603) 883-8400
Added: Aug 28
Changed: Oct 2
Last Checked: Oct 14 at 10:06PM
MLS# 73565744
Copyright © 2026 MLS Property Information Network Inc. 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 2,400-square-foot duplex at 179 Main St. includes two residential units within a property zoned B-1 for business and residential use. Recent improvements include a newer furnace, hot water heater, roof, windows, decks, and a kitchen and bathroom renovation in the upper unit. Interior character features include wide-plank king pine flooring, an expansive farmer’s porch with cedar flooring, and a fireplace.
Set on 0.55 acres in downtown Pembroke, the property offers a substantial backyard with an in-ground pool, storage shed, vegetable garden, and wildflower garden. The spacious attic may offer a path toward a third unit, subject to town approvals and buyer due diligence. The property also includes five bedrooms and two bathrooms.
Set on 0.55 acres in downtown Pembroke, the property offers a substantial backyard with an in-ground pool, storage shed, vegetable garden, and wildflower garden. The spacious attic may offer a path toward a third unit, subject to town approvals and buyer due diligence. The property also includes five bedrooms and two bathrooms.
Key Highlights
- 2,400‑square‑foot duplex on 0.55 acres
- B‑1 Business/Residential zoning
- Updated roof, windows, furnace, hot water heater, decks, and upper‑unit kitchen and bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,474
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$689,480
$689.5K
Cap Rate 7%
$492,486
$492.5K
Cap Rate 9%
$383,044
$383.0K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$51.8K $21.60/SF
− Vacancy
−$2.6K −$1.08/SF
EGI
$49.2K $20.52/SF
− OpEx
−$14.8K −$6.16/SF
NOI
$34.5K $14.36/SF
Area
Merrimack County, NH
Vacancy
5.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$689,480
Cap Rate 7%
$492,486
Cap Rate 9%
$383,044
Alternative Uses
Best Use
Multifamily LT 5
$492.5K
$430.9K – $574.6K
NOI $34,474 @ 7.0% cap · market cap 6.00%
Second Best
Apartment 5plus
$453.8K
$397.1K – $529.5K
NOI $31,767 @ 7.0% cap · market cap 5.52%
Theoretical Best
Office A
$624.9K
$546.8K – $729.1K
NOI $43,744 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
242
Businesses Nearby
Explore this area
Business Placement
Demographics for 03275, NH
11,946
Population
4,739
Households
2.5
Avg Household Size
42
Median Age
25%
College-Educated
91%
High-School Grad
43.0 sq mi
ZIP Area
278
Density / Sq Mi
$84,776
Median Household Income
$43,850
Median Earnings
$1,258
Median Rent
$309,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with updated interiors, outdoor amenities, and business-residential zoning.
Where is this duplex located?
The property is located at 179 Main St. Pembroke, NH.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 2,400‑square‑foot duplex on 0.55 acres; B‑1 Business/Residential zoning; Updated roof, windows, furnace, hot water heater, decks, and upper‑unit kitchen and bathroom
