273-279 S Main St, Concord, NH 03301
Well-maintained multifamily portfolio with three residential structures in Concord, NH.
- 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
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
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