Duplex with River
For Sale
$474,000
449 W River Road, Hooksett, NH 03106
Multi-Family, Hooksett, NH
Property Size2,256 SF
Lot Size0.30 Acres
Price / SF$210.11
Days on Market98
Property Features for 449 W River Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bedroom 3, Basement, Bedroom 4, Bedroom 2, Bathroom 1
Patio and Porch features
Porch
Exterior features
Covered Porch
Lot features
City Lot
Directions
Get on I-93 N 7 min (3.5 mi) Follow I-93 N to Hackett Hill Rd in Hooksett. Take exit 11 from I-93 N 20 min (22.3 mi) Drive to W River Rd House is on the right.
Standard status
Active
Size
2,256 SF
Lot size
0.30 Acres
Utilities
Utilities
Propane
Heating system
Propane (Heating)
Water source
Public
Amenities
in-unit washer/dryer
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Hardwood
Building materials
Asphalt Exterior
Roof type
Shingle
Architectural style
Other
Listing Agency:
Coldwell Banker Realty Bedford NH · Coldwell Banker Real Estate
(603) 471-0777
Listed By:
Danielle Patten
(603) 848-9559
Added: Jul 1
Changed: Oct 4
Last Checked: Oct 6 at 7:06AM
MLS# 5097795
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 2,256-square-foot duplex contains two full residential units on a 0.3-acre parcel. Each unit includes a washer and dryer, while the property also offers hardwood flooring, stained glass windows, a covered porch, and a basement. Asphalt exterior construction, a shingle roof, propane heating, and public water are among the established property features. Built in 1900, the building is zoned Residential.
The property is located at 449 W. River Road in Hooksett, New Hampshire, with river views from the site. Each unit is supported by 3-4 off-street parking spaces, providing a total of 6-8 spaces based on the stated unit parking allocation. The two-unit configuration and existing residential improvements support continued multifamily use.
The property is located at 449 W. River Road in Hooksett, New Hampshire, with river views from the site. Each unit is supported by 3-4 off-street parking spaces, providing a total of 6-8 spaces based on the stated unit parking allocation. The two-unit configuration and existing residential improvements support continued multifamily use.
Key Highlights
- 2,256‑square‑foot duplex on a 0.3‑acre parcel
- Two full residential units with washer and dryer in each
- Each unit includes 3‑4 off‑street parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,405
Cap Rate
6.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$648,100
$648.1K
Cap Rate 7%
$462,929
$462.9K
Cap Rate 9%
$360,056
$360.1K
Market Conditions
NOI Build-Up for 2,256 SF
Gross rent
$48.7K $21.60/SF
− Vacancy
−$2.4K −$1.08/SF
EGI
$46.3K $20.52/SF
− OpEx
−$13.9K −$6.16/SF
NOI
$32.4K $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%
$648,100
Cap Rate 7%
$462,929
Cap Rate 9%
$360,056
Alternative Uses
Best Use
Multifamily LT 5
$462.9K
$405.1K – $540.1K
NOI $32,405 @ 7.0% cap · market cap 6.84%
Second Best
Apartment 5plus
$426.6K
$373.3K – $497.7K
NOI $29,861 @ 7.0% cap · market cap 6.30%
Theoretical Best
Office A
$587.4K
$514.0K – $685.3K
NOI $41,119 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
60
Businesses Nearby
Explore this area
Business Placement
Demographics for 03106, NH
14,799
Population
5,679
Households
2.6
Avg Household Size
42
Median Age
39%
College-Educated
94%
High-School Grad
36.0 sq mi
ZIP Area
411
Density / Sq Mi
$107,137
Median Household Income
$49,950
Median Earnings
$1,638
Median Rent
$371,600
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with covered porch, stained glass windows, and dedicated off-street parking for residents.
Where is this duplex located?
The property is located at 449 W River Road Hooksett, NH.
What is the asking price?
The asking price for this property is $474,000.
What are key features of this property?
This property features: 2,256‑square‑foot duplex on a 0.3‑acre parcel; Two full residential units with washer and dryer in each; Each unit includes 3‑4 off‑street parking spaces
