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Duplex with Brook Frontage
For Sale
$329,500

23 Overseers Road, Peterborough, NH 03458

One apartment is vacant and needs cosmetic work, while the other has long-term tenants.

Property Size2,216 SF
Price / SF$148.69
Days on Market16

Property Features for 23 Overseers Road

General Information

Standard status Active
Size 2,216 SF
Property subtype Multi-family
Lease Term []

Building Details

Year Built 1890
Listing Agency: Four Seasons Sotheby's International Realty
Listed By: Andrew Peterson
Source: Berkleyveller
Added: Sep 21 Changed: Oct 6 Last Checked: Oct 5 at 9:10PM

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 Four Seasons Sotheby's International Realty

Investment Insights

Based on property information with market context.

This 2,216-square-foot duplex at 23 Overseers Road dates to 1890 and has metal siding and a roof reported to be 6–7 years old. One unit is vacant and needs cosmetic work; the other is occupied by tenants who have been there for more than 16 years. The property includes a backyard with frontage along Nubabusit Brook and sits back from the main road.

A green market, restaurant, art galleries and post office are nearby. An additional lot across the street is available with the property. The older garage beside the home is used by a neighbor, who pays the taxes on that structure under a longstanding arrangement.

Key Highlights

  • 2,216‑square‑foot duplex built in 1890
  • One vacant apartment; the other has tenants with more than 16 years of occupancy
  • Roof is 6–7 years old; metal siding

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,151
Cap Rate
9.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,020 $603.0K
Cap Rate 7%
$430,729 $430.7K
Cap Rate 9%
$335,011 $335.0K
Market Conditions
NOI Build-Up for 2,216 SF
Gross rent
$57.7K $26.04/SF
− Vacancy
−$2.9K −$1.30/SF
EGI
$54.8K $24.74/SF
− OpEx
−$24.7K −$11.13/SF
NOI
$30.2K $13.61/SF
Area
Hillsborough County, NH
Vacancy
5.00%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,020
Cap Rate 7%
$430,729
Cap Rate 9%
$335,011

Alternative Uses

Best Use
Multifamily LT 5
$464.9K
$406.8K – $542.4K (±1% cap)
NOI $32,543 @ 7.0% cap · market cap 9.88%
Second Best
Apartment 5plus
$430.7K
$376.9K – $502.5K (±1% cap)
NOI $30,151 @ 7.0% cap · market cap 9.15%
Theoretical Best
Specialty Retail
$4.06M
$3.55M – $4.74M (±1% cap)
NOI $284,202 @ 7.0% cap · market cap 86.25%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Electrical Service Big Box & Wholesale Store Storage Facility Carpet & Flooring Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

221
Businesses Nearby

Demographics for 03458, NH

6,794
Population
3,610
Households
1.9
Avg Household Size
50
Median Age
58%
College-Educated
96%
High-School Grad
53.7 sq mi
ZIP Area
127
Density / Sq Mi
$100,189
Median Household Income
$58,259
Median Earnings
$1,304
Median Rent
$368,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - One apartment is vacant and needs cosmetic work, while the other has long-term tenants.
Where is this duplex located?
The property is located at 23 Overseers Road Peterborough, NH.
What is the asking price?
The asking price for this property is $329,500.
What are key features of this property?
This property features: 2,216‑square‑foot duplex built in 1890; One vacant apartment; the other has tenants with more than 16 years of occupancy; Roof is 6–7 years old; metal siding
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