291 Village Street, Concord, NH 03303
Four-unit residential income property for sale, offering versatile housing configuration and diversified rental operations.
- Added:
- Jul 4, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 5 at 3:06 am
Property Features for 291 Village Street
General Information
- Standard status
- Active
- Size
- 4,014 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1860
Listing office LM Investments (603) 660-9199
Listing date Jul 4, 2026
Source Laerrealty
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
HighLights
- 4‑unit multi‑family residential income property
- Versatile housing configuration with diversified rental operations
- Year built: 1860
Overview
The property is located at 291 Village Street in Concord, New Hampshire, in the Penacook region as described in the remarks. The public information characterizes the location as desirable, and notes visibility within the area, positioning the building for tenants who want convenient access to the surrounding community.
From an operator or owner-occupant perspective, a four-unit layout can offer practical flexibility for rental management compared with single-family ownership. The property’s multifamily configuration is directly suited to buyers looking for an income-producing residential asset while retaining control over how the units are operated and maintained. Please note that additional details on unit mix, interior condition, or any commercial component are not provided in the available information.
Local Financial Insights For Multifamily LT 5
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 | $86.7k | $21.60 |
| − Vacancy | −$4.3k | −$1.08 |
| EGI | $82.4k | $20.52 |
| − OpEx | −$24.7k | −$6.16 |
| NOI | $57.7k | $14.36 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Concord
- County
- Merrimack
- State
- New Hampshire
- Longitude
- -71.5998966
- Latitude
- 43.279624
