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4-Unit Quadplex
New
For Sale
$525,000

27 Henniker Street, Hillsborough, NH 03244

Multi-Family, Hillsborough, NH

Property Size3,528 SF
Lot Size0.20 Acres
Price / SF$148.81
Days on Market6

Property Features for 27 Henniker Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning COMM-W
Rooms Basement
Lot features In Town
Elementary school district Hillsboro-Deering SAU #34
Middle school district Hillsboro-Deering SAU #34
High school district Hillsboro-Deering SAU #34
Standard status Active
Size 3,528 SF
Lot size 0.20 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities unspecified utilities

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8382

Utilities

Utilities Cable Available
Heating system Baseboard, Oil, Electric (Heating)
Water source Public

Building Details

Year built 1900
Floors in Building 3
Number of units 4
Building materials Wood Frame
Roof type Shingle
Architectural style Other
Listing Agency: Coldwell Banker Realty Bedford NH · Coldwell Banker Real Estate
Listed By: Nicole Howley
Added: Oct 26 Changed: Oct 30 Last Checked: Oct 31 at 9:06PM
MLS# 5115781

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.

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Investment Insights

Based on property information with market context.

This 4-unit quadplex contains 3,528 square feet and was built in 1900. Three units received updates within the past five years. The exterior has been repainted, and the driveway was recently replaced. Each unit has separate utilities, and the property is fully occupied with a largely long-term tenant base.

The 0.2-acre property is at 27 Henniker Street in Hillsborough, New Hampshire. It is zoned COMM-W and has public water, cable availability, and a shingle roof. Heating includes electric and oil-fired baseboard systems.

Key Highlights

  • Four residential units; currently fully occupied
  • Three units updated within the past five years
  • 3,528 square feet on a 0.2‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,002
Cap Rate
9.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$960,040 $960.0K
Cap Rate 7%
$685,743 $685.7K
Cap Rate 9%
$533,356 $533.4K
Market Conditions
NOI Build-Up for 3,528 SF
Gross rent
$91.9K $26.04/SF
− Vacancy
−$4.6K −$1.30/SF
EGI
$87.3K $24.74/SF
− OpEx
−$39.3K −$11.13/SF
NOI
$48.0K $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%
$960,040
Cap Rate 7%
$685,743
Cap Rate 9%
$533,356

Alternative Uses

Best Use
Multifamily LT 5
$740.1K
$647.6K – $863.5K (±1% cap)
NOI $51,810 @ 7.0% cap · market cap 9.87%
Second Best
Apartment 5plus
$685.7K
$600.0K – $800.0K (±1% cap)
NOI $48,002 @ 7.0% cap · market cap 9.14%
Theoretical Best
Specialty Retail
$6.46M
$5.66M – $7.54M (±1% cap)
NOI $452,466 @ 7.0% cap · market cap 86.18%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

244
Businesses Nearby

Demographics for 03244, NH

8,001
Population
3,667
Households
2.2
Avg Household Size
44
Median Age
25%
College-Educated
95%
High-School Grad
82.5 sq mi
ZIP Area
97
Density / Sq Mi
$93,886
Median Household Income
$51,022
Median Earnings
$1,112
Median Rent
$252,900
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

Frequently Asked Questions

What type of property is this?
Quadplex - Separate utilities serve each residence, with public water and electric and oil baseboard heating.
Where is this quadplex located?
The property is located at 27 Henniker Street Hillsborough, 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: Four residential units; currently fully occupied; Three units updated within the past five years; 3,528 square feet on a 0.2‑acre lot
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