Versatile Concord Multi-Family
For Sale
$700,000
291 Village St, Concord, NH 03303
Four-unit property in Penacook region of Concord, New Hampshire.
Property Size4,014 SF
Price / SF$174.39
Days on Market312
Property Features for 291 Village St
General Information
Standard status
Active
Size
4,014 SF
Property subtype
Multi-Family
Building Details
Year Built
1860
Listing Agency:
LM Investments
Listed By:
Lucas Leo
(603) 660-9199
Source:
Katieoddy
Added: Nov 28, 2025
Changed: Sep 14
Last Checked: Oct 5 at 8:54PM
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.
This four-unit multi-family property is located in the Penacook region of Concord, New Hampshire. The property offers a blend of residential stability and commercial income, presenting a compelling investment opportunity.
Key Highlights
- Versatile 4‑unit multi‑family property.
- Located in the desirable Penacook region of Concord, NH.
- Blend of residential stability and high‑visibility commercial income.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,657
Cap Rate
8.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,153,140
$1.2M
Cap Rate 7%
$823,671
$823.7K
Cap Rate 9%
$640,633
$640.6K
Market Conditions
NOI Build-Up for 4,014 SF
Gross rent
$86.7K $21.60/SF
− Vacancy
−$4.3K −$1.08/SF
EGI
$82.4K $20.52/SF
− OpEx
−$24.7K −$6.16/SF
NOI
$57.7K $14.36/SF
Area
Merrimack County, NH
Vacancy
5.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,153,140
Cap Rate 7%
$823,671
Cap Rate 9%
$640,633
Alternative Uses
Best Use
Multifamily LT 5
$823.7K
$720.7K – $961.0K
NOI $57,657 @ 7.0% cap · market cap 8.24%
Second Best
Apartment 5plus
$759.0K
$664.1K – $885.5K
NOI $53,131 @ 7.0% cap · market cap 7.59%
Theoretical Best
Office A
$1.05M
$914.5K – $1.22M
NOI $73,161 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
208
Businesses Nearby
Explore this area
Business Placement
Demographics for 03303, NH
16,516
Population
6,907
Households
2.4
Avg Household Size
43
Median Age
31%
College-Educated
94%
High-School Grad
67.8 sq mi
ZIP Area
244
Density / Sq Mi
$79,688
Median Household Income
$49,648
Median Earnings
$1,363
Median Rent
$274,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property in Penacook region of Concord, New Hampshire.
Where is this quadplex located?
The property is located at 291 Village St Concord, NH.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Versatile 4‑unit multi‑family property.; Located in the desirable Penacook region of Concord, NH.; Blend of residential stability and high‑visibility commercial income.
