Two Riverfront Homes Duplex
34-30 River Street Exeter, NH 03833
34-30 River Street, Exeter, NH, 03833
$1,498,000
For Sale
$1,498,000
Own two riverfront homes on one lot, including a remodeled New Englander and a separate 2-bedroom residence.
Property Size3,273 SF
Price / SF$457.68
Days on Market20
Property Features for 34-30 River Street
General Information
- Standard status
- Active
- Size
- 3,273 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1920
Listing agency
Duston Leddy Real Estate
(603) 682-2100
Listed by
Carrie Barron
(603) 682-2100
Source
Compass
Added: Jul 2 Updated: Jul 21 at 10:40AM Checked: Jul 21 at 10:40AM
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 Duston Leddy Real Estate
Investment Insights
Based on property information with market context.
This offering includes two riverfront homes on one property: a completely reimagined New Englander and a separate 2-bedroom residence. The primary home features four bedrooms and three bathrooms, with an open-concept main level for living and dining, a chef’s kitchen with Thermador appliances, custom cabinetry, soapstone countertops, and a large pantry. A sun-filled family room includes a custom built-in banquette overlooking the backyard. Upstairs includes three bedrooms, an updated full bath, and laundry, while the third-floor primary suite offers a private retreat with reclaimed pine floors, a spa-inspired travertine bath, a walk-in closet, and extensive custom-built-in storage.
The second residence provides two bedrooms and one bathroom, offering flexibility as a rental, guest house, or in-law/extended-family space. The property sits on a large, level lot along a quiet dead-end street in one of Exeter’s walkable neighborhoods, with downtown Exeter, local restaurants and shops, and Phillips Exeter Academy described as a short walk away.
Properties are listed individually under MLS #5097329 and MLS #5097333.
The second residence provides two bedrooms and one bathroom, offering flexibility as a rental, guest house, or in-law/extended-family space. The property sits on a large, level lot along a quiet dead-end street in one of Exeter’s walkable neighborhoods, with downtown Exeter, local restaurants and shops, and Phillips Exeter Academy described as a short walk away.
Properties are listed individually under MLS #5097329 and MLS #5097333.
Key Highlights
- Two riverfront homes on one offering, with listings under MLS #5097329 and MLS #5097333
- Remodeled 4‑bedroom, 3‑bath New Englander with open‑concept main level and sun‑filled family room overlooking the backyard
- Chef’s kitchen with Thermador appliances, custom cabinetry, soapstone countertops, and a large pantry
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 | $82.5k | $25.20 |
| − Vacancy | −$3.7k | −$1.13 |
| EGI | $78.8k | $24.07 |
| − OpEx | −$23.6k | −$7.22 |
| NOI | $55.1k | $16.85 |
3,273 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$787.7K
$689.2K – $919.0K
NOI $55,138 @ 7.0% cap · market cap 3.68%
Second Best
Apartment 5plus
$709.5K
$620.8K – $827.8K
NOI $49,667 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$1.09M
$953.5K – $1.27M
NOI $76,277 @ 7.0% cap · market cap 5.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Own two riverfront homes on one lot, including a remodeled New Englander and a separate 2-bedroom residence.
Where is this duplex located?
The property is located at 34-30 River Street Exeter, NH.
What is the asking price?
The asking price for this property is $1,498,000.
What are key features of this property?
This property features: Two riverfront homes on one offering, with listings under MLS #5097329 and MLS #5097333; Remodeled 4‑bedroom, 3‑bath New Englander with open‑concept main level and sun‑filled family room overlooking the backyard; Chef’s kitchen with Thermador appliances, custom cabinetry, soapstone countertops, and a large pantry
