343 Main Street Sandown, NH 03873
MULTI_FAMILY - Other - Sandown, NH
Property Features for 343 Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- B1
- Bedrooms
- 8
- Bathrooms
- 6
- Rooms
- Bedroom 5, Bathroom 1, Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 6, Bedroom 4, Bathroom 3, Bathroom 5, Bedroom 7, Bedroom 8, Bathroom 6, Basement
- Standard status
- Active
- Size
- 5,968 SF
- Lot size
- 1.00 Acre
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10746
Utilities
- Heating system
- Hot Water(Heating), Oil
- Cooling system
- Central Air
- Water source
- Private
Building Details
- Year built
- 1986
- Floors in Building
- 2
- Number of units
- 6
- Building materials
- Wood Frame
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Doug Martin License #065638 (603) 232-8282
Listing office Keller Williams Realty Metro-Londonderry 50 Nashua Road, Suite 111., Bedford, NH (603) 232-8282
Listing date May 8, 2026
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.
Investment Insights
Based on property information with market context.
The building is located at 343 Main Street in Sandown, New Hampshire, within the village core. The site is described as within walking distance of multiple village amenities, including Triple Elm Coffee shop, Bruchetti's Pizza, A and M Sandown Market, Rockingham Rail Trail, the Post Office, Library, Town Beach, the historic Sandown Train Depot, and the Sandown Meeting House. The property is also noted to provide ample on-site parking.
Designed for an operator or investor seeking an actively planned rehab, the asset comes with a local builder rehab estimate and a clear path to begin work based on the already-approved plans. Additional on-site features include a large unfinished basement and a two-car garage that may support storage or supplemental utility for the property. Zoning is listed as B1.
Key Highlights
- Fully entitled 6‑unit multi‑family with value‑add rehab and strong upside (pre‑approved).
- Unit mix: one 2BD/1.5BA, two 2BD/1BA units, two 1BD/1BA units, and one large studio.
- Originally built in 1986; wood frame construction; shingle roof.
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 | $171.9k | $28.80 |
| − Vacancy | −$7.2k | −$1.21 |
| EGI | $164.7k | $27.59 |
| − OpEx | −$74.1k | −$12.42 |
| NOI | $90.6k | $15.17 |
