7-Unit Mixed-Use
For Sale
$945,000
361-365 Meadow Street, Littleton, NH 03561
Multi-Family, Littleton, NH
Property Size7,148 SF
Lot Size0.60 Acres
Price / SF$132.20
Days on Market92
Property Features for 361-365 Meadow Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
C-4
Bedrooms
8
Bathrooms
7
Full bathrooms
7
Rooms
Bedroom 5, Bedroom 8, Bathroom 5, Bedroom 6, Bathroom 4, Bathroom 7, Bathroom 1, Basement, Bathroom 6, Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 2, Bedroom 7, Bathroom 2, Bedroom 3
Patio and Porch features
Porch
Exterior features
Handicap Modified, Porch
Accessibility
Accessible Approach with Ramp
Lot features
Level, Major Road Frontage, In Town, Near Shopping
Elementary school
Mildred C. Lakeway School
Middle school
Daisy Bronson Junior High
High school
Littleton High School
Elementary school district
Littleton Sch District SAU #84
Middle school district
Littleton Sch District SAU #84
High school district
Littleton Sch District SAU #84
Directions
GPS is accurate
Standard status
Active
Size
7,148 SF
Lot size
0.60 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8036
Utilities
Heating system
Floor Furnace, Ductless (Heating), Forced Air, Electric (Heating)
Cooling system
Ductless, Zoned
Water source
Public
Amenities
handicapped accessible unit
Building Details
Year built
1824
Floors in Building
3
Number of units
7
Flooring type
Vinyl
Building materials
Wood Frame, Aluminum Siding
Roof type
Shingle, Metal
Architectural style
Other
Listing Agency:
RE/MAX in the Mountains · RE/MAX International
(603) 745-8300
Listed By:
Ben Wilson
(603) 540-5235
Added: Jun 4
Changed: Sep 2
Last Checked: Sep 3 at 5:06AM
MLS# 5092782
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.
This 7,148-square-foot property contains seven income-producing units across residential and commercial components. Two storefronts are leased to one established business, while one residential unit includes handicapped-accessible modifications. The building features a wood-frame structure with aluminum siding, vinyl flooring, porch space, public water, and a combination of forced-air, floor-furnace, electric, and ductless heating systems. Cooling is provided through ductless, zoned equipment.
The property occupies 0.6 acres at 361-365 Meadow Street in Littleton, New Hampshire. It is located minutes from Main Street and near Interstate 93, Littleton Regional Healthcare, the White Mountains, and outdoor recreation. The surrounding context includes downtown shops, restaurants, breweries, cultural attractions, and community events.
Built in 1824, the property carries C-4 zoning and includes shingle and metal roofing. Its residential and storefront configuration provides a combination of living and commercial space within one property.
The property occupies 0.6 acres at 361-365 Meadow Street in Littleton, New Hampshire. It is located minutes from Main Street and near Interstate 93, Littleton Regional Healthcare, the White Mountains, and outdoor recreation. The surrounding context includes downtown shops, restaurants, breweries, cultural attractions, and community events.
Built in 1824, the property carries C-4 zoning and includes shingle and metal roofing. Its residential and storefront configuration provides a combination of living and commercial space within one property.
Key Highlights
- Seven income‑producing units with residential and commercial components
- 7,148 square feet on 0.6 acres
- Two commercial storefronts leased to one established business
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$76,195
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,523,900
$1.5M
Cap Rate 7%
$1,088,500
$1.1M
Cap Rate 9%
$846,611
$846.6K
Market Conditions
NOI Build-Up for 7,148 SF
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.
Gross rent
$115.8K $16.20/SF
− Vacancy
−$6.9K −$0.97/SF
EGI
$108.8K $15.23/SF
− OpEx
−$32.7K −$4.57/SF
NOI
$76.2K $10.66/SF
Area
Grafton County, NH
Vacancy
6.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,523,900
Cap Rate 7%
$1,088,500
Cap Rate 9%
$846,611
Alternative Uses
Best Use
Retail
$1.09M
$952.4K – $1.27M
NOI $76,195 @ 7.0% cap · market cap 8.06%
Second Best
Mixed Use
$1.06M
$924.8K – $1.23M
NOI $73,982 @ 7.0% cap · market cap 7.83%
Theoretical Best
Office A
$1.57M
$1.38M – $1.83M
NOI $110,064 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
256
Businesses Nearby
Explore this area
Business Placement
Demographics for 03561, NH
6,005
Population
3,124
Households
1.9
Avg Household Size
47
Median Age
25%
College-Educated
86%
High-School Grad
50.0 sq mi
ZIP Area
120
Density / Sq Mi
$54,545
Median Household Income
$44,391
Median Earnings
$886
Median Rent
$249,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - C-4-zoned property combines residential units with two commercial storefronts.
Where is this mixed-use property located?
The property is located at 361-365 Meadow Street Littleton, NH.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: Seven income‑producing units with residential and commercial components; 7,148 square feet on 0.6 acres; Two commercial storefronts leased to one established business
