Updated Three-Unit
43 Broadway, Pembroke, NH 03275
For Sale
$799,900
Three rented units with separate utilities, updated interiors, and a private primary suite in the owner-occupant unit.
Property Size3,262 SF
Price / SF$245.22
Days on Market102
Property Features for 43 Broadway
General Information
Standard status
Size
Property subtype
Occupancy
Additional Details
Gross Income
Multifamily Units
Building Details
Year Built
Year Renovated
Buildings
Listing Agency:
Keller Williams Realty-Metropolitan
Listed By:
Pradip Karki · License #285953
(401) 688-6766
Source:
Greatislandrealty
Added: Jul 31
Changed: Nov 8
Last Checked: Nov 8 at 6:34AM
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 Keller Williams Realty-Metropolitan
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Investment Insights
Based on property information with market context.
This 3,262-square-foot triplex at 43 Broadway includes three residential units and was converted from a two-family property in 2021. Unit C offers a private primary suite with a dedicated bathroom, walk-in closet, laundry area, and mini-split system. Interior improvements include vinyl flooring and fresh paint, while the property also features a sump pump, extensive vinyl fencing, and a landscaped yard.
Each unit has its own electric meter and gas meter, supported by upgraded electrical panels. All three units are currently rented. Built in 1828, the property combines historic construction with updates made for continued residential use in Pembroke, New Hampshire.
Each unit has its own electric meter and gas meter, supported by upgraded electrical panels. All three units are currently rented. Built in 1828, the property combines historic construction with updates made for continued residential use in Pembroke, New Hampshire.
Key Highlights
- 3,262‑square‑foot triplex at 43 Broadway, Pembroke, NH 03275
- Converted from a 2‑family property to 3‑family use in 2021
- All three units are currently rented
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,855
Cap Rate
5.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$937,100
$937.1K
Cap Rate 7%
$669,357
$669.4K
Cap Rate 9%
$520,611
$520.6K
Market Conditions
NOI Build-Up for 3,262 SF
Gross rent
$70.5K $21.60/SF
− Vacancy
−$3.5K −$1.08/SF
EGI
$66.9K $20.52/SF
− OpEx
−$20.1K −$6.16/SF
NOI
$46.9K $14.36/SF
Area
Merrimack County, NH
Vacancy
5.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$937,100
Cap Rate 7%
$669,357
Cap Rate 9%
$520,611
Alternative Uses
Best Use
Multifamily LT 5
$669.4K
$585.7K – $780.9K
NOI $46,855 @ 7.0% cap · market cap 5.86%
Second Best
Apartment 5plus
$616.8K
$539.7K – $719.6K
NOI $43,177 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$849.4K
$743.2K – $990.9K
NOI $59,455 @ 7.0% cap · market cap 7.43%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
202
Businesses Nearby
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Business Placement
Demographics for 03275, NH
11,946
Population
4,739
Households
2.5
Avg Household Size
42
Median Age
25%
College-Educated
91%
High-School Grad
43.0 sq mi
ZIP Area
278
Density / Sq Mi
$84,776
Median Household Income
$43,850
Median Earnings
$1,258
Median Rent
$309,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three rented units with separate utilities, updated interiors, and a private primary suite in the owner-occupant unit.
Where is this triplex located?
The property is located at 43 Broadway Pembroke, NH.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 3,262‑square‑foot triplex at 43 Broadway, Pembroke, NH 03275; Converted from a 2‑family property to 3‑family use in 2021; All three units are currently rented
