Renovated 7-Unit Apartment
411 US Route 4, Enfield, NH 03748
For Sale
$1,200,000
Renovated apartments include on-site parking and a detached garage.
Property Size5,035 SF
Price / SF$238.33
Days on Market151
Property Features for 411 US Route 4
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Road Access
Additional Details
Multifamily Units
Amenities
1 acres
Zoning: 0
Listing ID: 11928307, Standard Status: Active, MLS Status: Active, Property Subtype: Multi-Unit
Elementary School District: 000000, Middle School District: 000000, High School District: 000000
8 total bedrooms
Built in 1963, Living area: 5035, Construction Materials: 0
County/Parish: 33009
Water Source: 0
Building Details
Year Built
Buildings
Listing Agency:
BHHS Verani Realty
Listed By:
Heather Ashline
(603) 643-8822
Source:
Doyle-realty
Added: Jun 18
Changed: Nov 14
Last Checked: Nov 14 at 7:42AM
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 BHHS Verani Realty
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Investment Insights
Based on property information with market context.
This 7-unit apartment building contains 5035 SF and was built in 1963. The property includes recently renovated units, on-site parking, and a detached one-car garage, with the building set back from US Route 4 for tenant access.
Located in Enfield, the property provides access to restaurants, shopping, churches, Jake's Market, Mascoma Lake beaches, and nearby schools. Routes 4, 4A, and I-89 connect the property with the Upper Valley, including Dartmouth Hitchcock Medical Center, Dartmouth College, the VA Medical Center, Lebanon Municipal Airport, and West Lebanon shopping.
Located in Enfield, the property provides access to restaurants, shopping, churches, Jake's Market, Mascoma Lake beaches, and nearby schools. Routes 4, 4A, and I-89 connect the property with the Upper Valley, including Dartmouth Hitchcock Medical Center, Dartmouth College, the VA Medical Center, Lebanon Municipal Airport, and West Lebanon shopping.
Key Highlights
- 7‑unit apartment building with recently renovated units
- 5035 SF building constructed in 1963
- Detached one‑car garage and ample on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,776
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$915,520
$915.5K
Cap Rate 7%
$653,943
$653.9K
Cap Rate 9%
$508,622
$508.6K
Market Conditions
NOI Build-Up for 5,035 SF
Gross rent
$87.6K $17.40/SF
− Vacancy
−$4.4K −$0.87/SF
EGI
$83.2K $16.53/SF
− OpEx
−$37.5K −$7.44/SF
NOI
$45.8K $9.09/SF
Area
Grafton County, NH
Vacancy
5.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$915,520
Cap Rate 7%
$653,943
Cap Rate 9%
$508,622
Alternative Uses
Best Use
Apartment 5plus
$653.9K
$572.2K – $762.9K
NOI $45,776 @ 7.0% cap · market cap 3.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.11M
$969.1K – $1.29M
NOI $77,529 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
7
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
96
Businesses Nearby
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Business Placement
Demographics for 03748, NH
4,626
Population
2,581
Households
1.8
Avg Household Size
48
Median Age
46%
College-Educated
97%
High-School Grad
46.8 sq mi
ZIP Area
99
Density / Sq Mi
$96,335
Median Household Income
$55,308
Median Earnings
$1,403
Median Rent
$338,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Renovated apartments include on-site parking and a detached garage.
Where is this apartment building located?
The property is located at 411 US Route 4 Enfield, NH.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 7‑unit apartment building with recently renovated units; 5035 SF building constructed in 1963; Detached one‑car garage and ample on‑site parking
