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Three-Unit Historic Multifamily Property

337 Main Street, Fremont, NH 03044

For Sale
$1,100,000
Pending

Historic multifamily building with a varied three-unit layout and river frontage along Main Street.

Property Size4,636 SF
Days on Market53

Property Features for 337 Main Street

General Information

Standard status Pending
Size 4,636 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 2BR/2BA, 2 x 2BR/1.5BA
Multifamily Units 3

Additional Details

Road Access Yes

Building Details

Year Built 1900
Listing Agency: Coldwell Banker Realty Bedford NH
Listed By: Ofe Polack · License #14751
Source: Welcomeaboderealty
Added: Sep 18 Changed: Nov 2 Last Checked: Nov 8 at 2:42AM

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 Coldwell Banker Realty Bedford NH

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Investment Insights

Based on property information with market context.

Built in 1900, this 4,636-square-foot multifamily property contains three residential units: one with two bedrooms and two bathrooms, plus two additional units with two bedrooms and one-and-a-half bathrooms each. The configuration provides six bedrooms, four full bathrooms, and two half baths within the building.

Located at 337 Main St in Fremont, the property includes 429.1" of river frontage. Town historic resources identify the site as the former location of the 1902 Cooperage Shop, and records note that weigh/hay scales were installed here in 1907 in connection with the Spaulding & Frost Cooperage.

Key Highlights

  • Three‑unit multifamily property with six bedrooms total
  • 4,636 square feet; built in 1900
  • One 2‑bedroom, 2‑bath unit plus two 2‑bedroom, 1.5‑bath units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$78,099
Cap Rate
7.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,561,980 $1.6M
Cap Rate 7%
$1,115,700 $1.1M
Cap Rate 9%
$867,767 $867.8K
Market Conditions
NOI Build-Up for 4,636 SF
Gross rent
$116.8K $25.20/SF
− Vacancy
−$5.3K −$1.13/SF
EGI
$111.6K $24.07/SF
− OpEx
−$33.5K −$7.22/SF
NOI
$78.1K $16.85/SF
Area
Rockingham County, NH
Vacancy
4.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,561,980
Cap Rate 7%
$1,115,700
Cap Rate 9%
$867,767

Alternative Uses

Best Use
Multifamily LT 5
$1.12M
$976.2K – $1.30M (±1% cap)
NOI $78,099 @ 7.0% cap · market cap 7.10%
Second Best
Apartment 5plus
$1.01M
$879.4K – $1.17M (±1% cap)
NOI $70,350 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$1.54M
$1.35M – $1.80M (±1% cap)
NOI $108,042 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

3
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

71
Businesses Nearby

Demographics for 03044, NH

4,739
Population
1,817
Households
2.6
Avg Household Size
46
Median Age
36%
College-Educated
92%
High-School Grad
17.2 sq mi
ZIP Area
276
Density / Sq Mi
$125,774
Median Household Income
$50,396
Median Earnings
$2,618
Median Rent
$405,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Triplexes in Rockingham County, NH

$452 Jul
$458 Aug
$467 Sep
$492 Oct

Properties on Market for Triplexes in Rockingham County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Historic multifamily building with a varied three-unit layout and river frontage along Main Street.
Where is this triplex located?
The property is located at 337 Main Street Fremont, NH.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Three‑unit multifamily property with six bedrooms total; 4,636 square feet; built in 1900; One 2‑bedroom, 2‑bath unit plus two 2‑bedroom, 1.5‑bath units
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