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25 Mill Street, Epping, NH, 03042
Duplex with Separate Entrances

25 Mill Street Epping, NH 03042

For Sale
$749,000

Renovated duplex built in 1925 featuring separate sides, multiple bedrooms and baths, and basement access.

Property Size2,414 SF
Price / SF$310.27
Days on Market47

Property Features for 25 Mill Street

General Information

Standard status
Active
Size
2,414 SF
Property subtype
Multi-family

Building Details

Year Built
1925
Listing Agency: The Aland Realty Group
Listed By: Heather Stasiak
Source: Bigislandre
Added: Jun 9 Changed: Jul 24 Last Checked: Jul 24 at 10:06PM

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 The Aland Realty Group


Investment Insights

Based on property information with market context.

This renovated duplex, built in 1925, consists of two separate sides (Side A and Side B) designed for dual occupancy. Side A was rebuilt from the foundation up and includes 3 bedrooms and 1.5 bathrooms, a kitchen with solid maple cabinets, granite countertops, and an island, plus a first-floor half bath with laundry. The home also features a large full basement with interior access, along with a dining area with access to a side deck and a farmer’s porch and patio space outdoors.

Side B offers 3 bedrooms and a 3/4 bathroom, an enclosed porch, and a layout with an open kitchen, open dining area, and large living room. The first floor includes a full bath with laundry. This side also has a basement accessed by an exterior door, and the exterior basement area has had extensive drainage work and new stone work.

Both sides are equipped with kitchens featuring granite counters, and the property includes additional outdoor features such as a gazebo and deck.

Key Highlights

  • Duplex built in 1925 with two separate sides, designed for live‑in or rental use
  • Side A was rebuilt from the foundation up and includes 3 bedrooms and 1.5 bathrooms
  • Side A kitchen features solid maple cabinets, granite countertops, and an island plus dining area with door to side deck

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 $60.8k $25.20
− Vacancy −$2.7k −$1.13
EGI $58.1k $24.07
− OpEx −$17.4k −$7.22
NOI $40.7k $16.85
2,414 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$581.0K
$508.3K – $677.8K (±1% cap)
NOI $40,667 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$523.3K
$457.9K – $610.5K (±1% cap)
NOI $36,632 @ 7.0% cap · market cap 4.89%
Theoretical Best
Office A
$803.7K
$703.2K – $937.6K (±1% cap)
NOI $56,258 @ 7.0% cap · market cap 7.51%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Law Firm Electrical Service Storage Facility (Bike/Boat/Book/etc) Store Bakery Kitchen & Bath Showroom Carpet & Flooring Store Catering Service Butcher

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

FAQs

What type of property is this?
Duplex - Renovated duplex built in 1925 featuring separate sides, multiple bedrooms and baths, and basement access.
Where is this duplex located?
The property is located at 25 Mill Street Epping, NH.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Duplex built in 1925 with two separate sides, designed for live‑in or rental use; Side A was rebuilt from the foundation up and includes 3 bedrooms and 1.5 bathrooms; Side A kitchen features solid maple cabinets, granite countertops, and an island plus dining area with door to side deck
More about this property
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