Quadplex with Detached 3-Bay
4-6 Knapp Road, Tilton, NH 03276
For Sale
$629,900
Fully occupied multifamily asset with renovated first-floor units and shared coin-operated laundry.
Property Size2,750 SF
Lot Size0.75 Acres
Price / SF$229.05
Days on Market49
Property Features for 4-6 Knapp Road
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Occupancy
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
coin-operated washer/dryer
detached garage
Building Details
Year Built
Stories
Listing Agency:
White Water Realty Group LLC
Listed By:
Katie Tusi
(603) 369-0578
Source:
Laerrealty
Added: Sep 22
Changed: Oct 26
Last Checked: Nov 8 at 3:08AM
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 White Water Realty Group LLC
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Investment Insights
Based on property information with market context.
This 2,750 SF quadplex includes four one-bedroom units with open layouts and a detached 3-bay garage. The property occupies 3/4 acre and includes two driveways with substantial tenant parking. Recent improvements include a new roof, new porches, and full renovations to the first-floor units.
The garage has separately metered electric, providing dedicated utility service for storage or other property use. A coin-operated washer and dryer are installed in a designated second-floor hallway area. One natural gas-fired system supplies heat and hot water for the property, while tenants pay their own electricity and additional personal utilities. The property is zoned MIXED, was built in 1980, and is currently fully occupied.
The garage has separately metered electric, providing dedicated utility service for storage or other property use. A coin-operated washer and dryer are installed in a designated second-floor hallway area. One natural gas-fired system supplies heat and hot water for the property, while tenants pay their own electricity and additional personal utilities. The property is zoned MIXED, was built in 1980, and is currently fully occupied.
Key Highlights
- Four one‑bedroom units in a fully occupied quadplex
- 2,750 SF property on a 3/4 acre lot
- Detached 3‑bay garage with separately metered electric
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,125
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$802,500
$802.5K
Cap Rate 7%
$573,214
$573.2K
Cap Rate 9%
$445,833
$445.8K
Market Conditions
NOI Build-Up for 2,750 SF
Gross rent
$59.4K $21.60/SF
− Vacancy
−$2.1K −$0.76/SF
EGI
$57.3K $20.84/SF
− OpEx
−$17.2K −$6.25/SF
NOI
$40.1K $14.59/SF
Area
Belknap County, NH
Vacancy
3.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$802,500
Cap Rate 7%
$573,214
Cap Rate 9%
$445,833
Alternative Uses
Best Use
Multifamily LT 5
$573.2K
$501.6K – $668.8K
NOI $40,125 @ 7.0% cap · market cap 6.37%
Second Best
Apartment 5plus
$527.1K
$461.2K – $614.9K
NOI $36,895 @ 7.0% cap · market cap 5.86%
Theoretical Best
Office A
$654.0K
$572.2K – $763.0K
NOI $45,778 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
278
Businesses Nearby
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Business Placement
Demographics for 03276, NH
8,766
Population
3,984
Households
2.2
Avg Household Size
44
Median Age
26%
College-Educated
91%
High-School Grad
39.3 sq mi
ZIP Area
223
Density / Sq Mi
$79,270
Median Household Income
$47,810
Median Earnings
$1,024
Median Rent
$245,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied multifamily asset with renovated first-floor units and shared coin-operated laundry.
Where is this quadplex located?
The property is located at 4-6 Knapp Road Tilton, NH.
What is the asking price?
The asking price for this property is $629,900.
What are key features of this property?
This property features: Four one‑bedroom units in a fully occupied quadplex; 2,750 SF property on a 3/4 acre lot; Detached 3‑bay garage with separately metered electric
