For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Multifamily Portfolio in Concord, NH Title is generated by Realmo AI

    273-279 S Main St, Concord, NH 03301

    View on Map
    Claim this Listing
    For Sale
    $999,999

    Well-maintained multifamily portfolio with three residential structures in Concord, NH.

    Type:Multi-Family
    Property size:
    4,686 SF
    Price / SF:
    $213/SF
    Added:
    Apr 9, 2026
    Days on Market:
    61
    Last Refresh:
    Apr 22 at 11:42 am

    Property Features for 273-279 S Main St

    General Information

    Standard status
    Active
    Size
    4,686 SF
    Property subtype
    Multi-Family

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    Nicholas Musto

    Listing agent Nicholas Musto

    Listing office Tinkham Realty, Inc.

    Listing date Apr 9, 2026

    Source Arborviewrealtyinc

    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 featuring three distinct residential structures.
    • Prime location in the heart of Concord, New Hampshire, close to I‑93 and downtown amenities.
    • Well‑maintained with many updates throughout.
    • Includes a large two‑story barn/garage with ample storage space.
    • Features private off‑street parking with 2 paved driveways and a total of 7 parking spaces.
    • Equipped with natural gas heating, public water, and sewer.

    Overview

    This multifamily portfolio is located in Concord, New Hampshire, and includes three residential structures: a Cape, a Ranch, and a classic New Englander. The property offers approximately 4,686 square feet of finished living space. The property is well maintained and features updates throughout. It includes private off-street parking and two paved driveways. A large two-story barn/garage provides storage space. The property utilizes natural gas, public water, and sewer services. It is located close to I-93 and downtown Concord's shops, dining, and professional services. This is an income-producing property.

    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
    4,686 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $886.1K
    $775.3K – $1.03M (±1% cap)
    NOI $62,025 @ 7.0% cap · market cap 6.20%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.22M
    $1.07M – $1.42M (±1% cap)
    NOI $85,410 @ 7.0% cap · market cap 8.54%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Pharmacy Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Merrimack
    State
    New Hampshire
    Longitude
    -71.5318076
    Latitude
    43.1920222

    FAQs

    What type of property is this?
    Multifamily property - Well-maintained multifamily portfolio with three residential structures in Concord, NH.
    Where is this multifamily property located?
    The property is located at 273-279 S Main St Concord, NH.
    What is the asking price?
    The asking price for this property is $999,999.
    What are key features of this property?
    This property features: Income‑producing multifamily property featuring three distinct residential structures.; Prime location in the heart of Concord, New Hampshire, close to I‑93 and downtown amenities.; Well‑maintained with many updates throughout.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message