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Three-Unit Multifamily Property
For Sale
$389,000

38 Sullivan Street, Charlestown, NH 03603

Fully occupied property with separate utilities, an oversized garage, and on-site parking.

Property Size2,287 SF
Price / SF$170.09
Days on Market12

Property Features for 38 Sullivan Street

General Information

Standard status Active
Size 2,287 SF
Property subtype Multi-family
Occupancy 100%

Site & Location

Road Access Yes
Utilities to Site Yes

Units

Unit Mix 2 x 2BR, 1 x 1BR efficiency
Multifamily Units 3

Building Details

Year Built 1890
Buildings 1
Listing Agency: Galloway Real Estate LLC
Listed By: Heather Pelow
Source: Lindemac
Added: Aug 10 Changed: Aug 21 Last Checked: Aug 21 at 11:25AM

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 Galloway Real Estate LLC

Investment Insights

Based on property information with market context.

This 2,287-square-foot multifamily property contains three separate living units: two two-bedroom residences and a one-bedroom split-level efficiency-style unit. The building dates to 1890 and has received extensive upgrades and updates from the current owners. Each unit has separate utilities, except for heat, and the property is fully occupied. The oversized garage is currently rented for storage, adding another income-producing component to the property.

Located on Sullivan Street in Charlestown, the property offers access to downtown, local amenities, schools, and shopping. The location is approximately a 30-minute commute to Keene, Brattleboro, and the Upper Valley. On-site parking supports the three-unit configuration, while the separate utility setup provides distinct service arrangements for the residences.

Key Highlights

  • Three separate units: two 2‑bedroom units and one bedroom split‑level efficiency‑style unit
  • 2,287 square feet on a 0.189‑acre lot
  • Fully occupied with strong rental history for all 3 units

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Electrical Service Dental Office Plumbing Service Storage Facility Furniture & Home Goods Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

147
Businesses Nearby

Demographics for 03603, NH

5,127
Population
2,240
Households
2.3
Avg Household Size
48
Median Age
19%
College-Educated
92%
High-School Grad
44.3 sq mi
ZIP Area
116
Density / Sq Mi
$55,266
Median Household Income
$47,221
Median Earnings
$1,169
Median Rent
$181,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Fully occupied property with separate utilities, an oversized garage, and on-site parking.
Where is this triplex located?
The property is located at 38 Sullivan Street Charlestown, NH.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Three separate units: two 2‑bedroom units and one bedroom split‑level efficiency‑style unit; 2,287 square feet on a 0.189‑acre lot; Fully occupied with strong rental history for all 3 units
More about this property
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