273-279 S Main St, Concord, NH 03301
Income-producing multifamily property near downtown Concord and I-93.
- Added:
- Apr 13, 2026
- Days on Market:
- 57
- Last Refresh:
- Apr 20 at 6:27 pm
Property Features for 273-279 S Main St
General Information
- Standard status
- Active
- Size
- 4,686 SF
- Property subtype
- 5+ Family - 5+ Units Up/Down
Building Details
- Year Built
- 1900
Listing agent Nicholas Musto (603) 475-4907
Listing office Tinkham Realty, Inc. (603) 475-4907
Listing date Apr 13, 2026
Source Lockandkeyre
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 Tinkham Realty, Inc.
HighLights
- Income‑producing multifamily property with three distinct residential structures.
- Well‑maintained with many updates throughout.
- Convenient location close to I‑93 and downtown Concord.
- Large two‑story barn/garage with ample storage space.
- Private off‑street parking with 2 paved driveways.
- Natural gas, public water, and sewer.
Overview
Local Financial Insights For Apartment 5plus
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 | $118.1k | $25.20 |
| − Vacancy | −$5.3k | −$1.13 |
| EGI | $112.8k | $24.07 |
| − OpEx | −$50.7k | −$10.83 |
| NOI | $62.0k | $13.24 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Concord
- County
- Merrimack
- State
- New Hampshire
- Longitude
- -71.5318076
- Latitude
- 43.1920222