Three-Structure Multifamily
273-279 S Main Street, Concord, NH 03301
MULTI_FAMILY - Ranch - Concord, NH
Type:Single Family Residence
Property size:
5,010 SFLot size:
0.33 AcresPrice / SF:
$199/SF- Added:
- Mar 17, 2026
- Days on Market:
- 86
- Last Refresh:
- Jun 10 at 3:06 am
Property Features for 273-279 S Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- UT
- Bedrooms
- 10
- Bathrooms
- 5
- Rooms
- Bedroom 2, Bedroom 7, Bedroom 4, Bedroom 8, Bathroom 4, Bathroom 5, Basement, Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 9, Bedroom 1, Bathroom 1, Bedroom 10
- Parking features
- Off Street
- Standard status
- Active
- Size
- 5,010 SF
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 13961
Utilities
- Utilities
- Cable Available
- Heating system
- Steam, Natural Gas, Oil, Forced Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 5
- Flooring type
- Hardwood, Laminate
- Building materials
- Wood Frame, Asbestos Exterior, Clapboard Exterior, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Ranch
Listing agent Nick Musto (603) 432-7769
Listing office Tinkham Realty Inc 3 McAllister Drive, Londonderry, NH (603) 432-7769
Listing date Mar 17, 2026
MLS# 5079588
Listing URL
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.
HighLights
- Multifamily portfolio with three residential structures: Cape, Ranch, and New Englander
- Approximately 4,686 SF of finished living space across the three structures
- Natural gas heat with multiple heating systems listed: steam, forced air, natural gas, and oil
- Wood frame exterior with asbestos exterior elements; clapboard exterior and vinyl siding; shingle roof
- Private off‑street parking with two paved driveways
- Public water and sewer with cable available; includes basement and a two‑story barn/garage with storage
Overview
This for-sale multifamily portfolio includes three distinct residential structures: a Cape, a Ranch, and a classic New Englander configuration, totaling approximately 4,686 square feet of finished living space. The property is described as well maintained with many updates completed throughout. Amenities and infrastructure include natural gas, public water and sewer, and private off-street parking. There are two paved driveways, along with a large two-story barn/garage that provides substantial storage space.
The property is located at 273–279 S Main Street in Concord, New Hampshire. It is positioned close to I-93 and within reach of downtown Concord’s shops, dining, and professional services.
For buyers seeking a small portfolio, this layout provides multiple residential buildings under one ownership, supported by on-site parking and practical storage in the barn/garage. With public utilities and natural gas, the property is set up for straightforward day-to-day operations, while the off-street parking and driveways offer convenient access for residents and visitors. Updates throughout may help reduce near-term maintenance concerns for an incoming owner.
The property is located at 273–279 S Main Street in Concord, New Hampshire. It is positioned close to I-93 and within reach of downtown Concord’s shops, dining, and professional services.
For buyers seeking a small portfolio, this layout provides multiple residential buildings under one ownership, supported by on-site parking and practical storage in the barn/garage. With public utilities and natural gas, the property is set up for straightforward day-to-day operations, while the off-street parking and driveways offer convenient access for residents and visitors. Updates throughout may help reduce near-term maintenance concerns for an incoming owner.
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 | $126.3k | $25.20 |
| − Vacancy | −$5.7k | −$1.13 |
| EGI | $120.6k | $24.07 |
| − OpEx | −$54.3k | −$10.83 |
| NOI | $66.3k | $13.24 |
5,010 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$947.3K
$828.9K – $1.11M
NOI $66,314 @ 7.0% cap · market cap 6.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $91,315 @ 7.0% cap · market cap 9.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Concord
- County
- Merrimack
- State
- New Hampshire
- Longitude
- -71.531792
- Latitude
- 43.192043
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Ranch, Cape, and New Englander-style structures offer well-maintained rental housing with private off-street parking.
Where is this apartment building located?
The property is located at 273-279 S Main Street 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: Multifamily portfolio with three residential structures: Cape, Ranch, and New Englander; Approximately 4,686 SF of finished living space across the three structures; Natural gas heat with multiple heating systems listed: steam, forced air, natural gas, and oil
