271 Village Street Concord, NH 03303
Fully occupied 3-unit building with two 2-bedroom units and one 1-bedroom unit, each with in-unit laundry.
- Added:
- Dec 14, 2025
- Days on Market:
- 210
- Last Refresh:
- Jul 11 at 2:20 am
Property Features for 271 Village Street
General Information
- Standard status
- Active
- Size
- 2,981 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1880
Listing office LM Investments
Listing date Dec 14, 2025
Source Burkelordrealestate
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 LM Investments
Investment Insights
Based on property information with market context.
The property is positioned in the heart of Penacook Village, with convenient access to the energy of Downtown Concord and the shopping options associated with the Exit 17 area. Quick I-93 access is also noted for commuters.
Operationally, tenants pay their own heat and electricity, and the building is described as having major expenses already handled, supporting a cash-flow focused ownership experience from day one.
Key Highlights
- Fully occupied 3‑unit building (year built 1880) with two 2‑bedroom units and one 1‑bedroom unit
- Each unit has in‑unit laundry and a 3‑season porch
- Off‑street parking for tenants
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 | $64.4k | $21.60 |
| − Vacancy | −$3.2k | −$1.08 |
| EGI | $61.2k | $20.52 |
| − OpEx | −$18.4k | −$6.16 |
| NOI | $42.8k | $14.36 |
