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    Income-Generating Duplex with River View Title is generated by Realmo AI

    449 W River Road, Hooksett, NH 03106

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    Claim this Listing
    New
    For Sale
    $529,000

    MULTI_FAMILY - Other - Hooksett, NH

    Property size:
    2,256 SF
    Lot size:
    0.30 Acres
    Price / SF:
    $234/SF
    Added:
    Jul 1, 2026
    Days on Market:
    6
    Last Refresh:
    Jul 6 at 11:06 am

    Property Features for 449 W River Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Residential
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 1, Basement, Bedroom 3
    Patio and Porch features
    Porch
    Exterior features
    Covered Porch
    Standard status
    Active
    Size
    2,256 SF
    Lot size
    0.30 Acres

    Utilities

    Utilities
    Propane
    Heating system
    Propane (Heating)
    Water source
    Public

    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

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    Contact an agent
    Danielle Patten

    Listing agent Danielle Patten

    Listing office Coldwell Banker Realty Bedford NH 166 Rte 101, Bedford, NH

    Listing date Jul 1, 2026

    MLS# 5097795 Listing URL

    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.

    HighLights

    • 2‑unit multifamily built in 1900 with room for expansion
    • Scenic river view
    • Each unit has washer and dryer
    • Ample off‑street parking: 3–4 parking spots per unit
    • Hardwood flooring throughout
    • Covered porch and shingle roof; propane heat and public water

    Overview

    This income-focused duplex contains two full residential units and includes interior features such as stained glass windows. Each unit is equipped with a washer and a dryer, supporting convenient day-to-day living for tenants. The property also offers room for expansion, providing additional flexibility for an owner as the income strategy evolves.

    Located at 449 W. River Road in Hooksett, New Hampshire, the home is marketed with scenic river views. The site sits on a lot of approximately 0.3 acres, and the property provides ample off-street parking, with each unit having roughly 3–4 parking spaces.

    For buyers seeking a turnkey residential income property, this duplex offers two move-in ready units with practical in-unit laundry. The combination of river-view setting, covered off-street parking, and the ability to add to the building makes the asset worth considering for an owner looking to manage and maintain a straightforward two-unit portfolio under Residential zoning.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $48.7k $21.60
    − Vacancy −$2.4k −$1.08
    EGI $46.3k $20.52
    − OpEx −$13.9k −$6.16
    NOI $32.4k $14.36
    2,256 SF · lease $21.60/SF/yr · vacancy 5.00% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $462.9K
    $405.1K – $540.1K (±1% cap)
    NOI $32,405 @ 7.0% cap · market cap 6.13%
    Second Best
    Apartment 5plus
    $426.6K
    $373.3K – $497.7K (±1% cap)
    NOI $29,861 @ 7.0% cap · market cap 5.64%
    Theoretical Best
    Office A
    $587.4K
    $514.0K – $685.3K (±1% cap)
    NOI $41,119 @ 7.0% cap · market cap 7.77%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hotel & Motel Auto Parts Store Dental Office Hair Salon Department Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hooksett
    County
    Merrimack
    State
    New Hampshire
    Longitude
    -71.46695008
    Latitude
    43.09471017

    FAQs

    What type of property is this?
    Duplex - Two full units with in-unit laundry and off-street parking, plus room to expand on a compact river-adjacent lot.
    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 $529,000.
    What are key features of this property?
    This property features: 2‑unit multifamily built in 1900 with room for expansion; Scenic river view; Each unit has washer and dryer
    More about this property
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