Two-Residence Multifamily
For Sale
$400,000
479 Us Highway 202, Bennington, NH 03442
Multi-Family, Bennington, NH
Property Size1,056 SF
Lot Size0.75 Acres
Price / SF$378.79
Days on Market11
Property Features for 479 Us Highway 202
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
WRP W
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Basement, Bedroom 1, Bedroom 3, Bathroom 2
Parking features
Covered, Offsite, Carport
Patio and Porch features
Porch, Deck
Exterior features
Deck, Covered Porch, Shed
Appliances
Water Heater
Lot features
Country Setting, Open, Abuts Conservation
Elementary school
Pierce School
Middle school
Great Brook School
High school
Contoocook Valley Regional Hig
Elementary school district
Contoocook Valley SD SAU #1
Middle school district
Contoocook Valley SD SAU #1
High school district
Contoocook Valley SD SAU #1
Directions
GPS Friendly
Standard status
Active
Size
1,056 SF
Lot size
0.75 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
4761
Utilities
Utilities
Propane
Heating system
Forced Air, Wall Furnace, Propane (Heating), Natural Gas
Water source
Well, Private
Amenities
deck
enclosed porch
outbuilding
Building Details
Year built
1925
Floors in Building
2
Number of units
2
Flooring type
Wood
Building materials
Wood Frame
Roof type
Metal
Architectural style
Other
Listing Agency:
Keller Williams Realty-Metropolitan
Listed By:
Jason LePine
(603) 232-8282
Added: Sep 26
Changed: Sep 30
Last Checked: Oct 6 at 12:06PM
MLS# 5111661
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.
The property includes a two-bedroom main home and a separate one-bedroom cottage, each with a 3/4 bathroom. The main home is vacant, while the cottage is occupied by a tenant. Separate electric meters serve the two residences. The property measures 1,056 square feet and dates to 1925, with a wood-frame structure and metal roof. A deck, enclosed porch, outbuilding, and covered parking are also on site.
The 0.75-acre parcel is along Route 202, with access to Bennington, Antrim, and the surrounding Monadnock Region. The property is zoned WRP W.
The 0.75-acre parcel is along Route 202, with access to Bennington, Antrim, and the surrounding Monadnock Region. The property is zoned WRP W.
Key Highlights
- Two residences: a 2‑bedroom main home and a separate 1‑bedroom cottage
- Each residence has a 3/4 bathroom; the cottage is tenant occupied
- Separate electric meters serve the two living spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,368
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$287,360
$287.4K
Cap Rate 7%
$205,257
$205.3K
Cap Rate 9%
$159,644
$159.6K
Market Conditions
NOI Build-Up for 1,056 SF
Gross rent
$27.5K $26.04/SF
− Vacancy
−$1.4K −$1.30/SF
EGI
$26.1K $24.74/SF
− OpEx
−$11.8K −$11.13/SF
NOI
$14.4K $13.61/SF
Area
Hillsborough County, NH
Vacancy
5.00%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$287,360
Cap Rate 7%
$205,257
Cap Rate 9%
$159,644
Alternative Uses
Best Use
Apartment 5plus
$205.3K
$179.6K – $239.5K
NOI $14,368 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.93M
$1.69M – $2.26M
NOI $135,432 @ 7.0% cap · market cap 33.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Explore this area
Business Placement
Demographics for 03442, NH
1,501
Population
735
Households
2
Avg Household Size
42
Median Age
32%
College-Educated
91%
High-School Grad
11.4 sq mi
ZIP Area
132
Density / Sq Mi
$78,071
Median Household Income
$47,969
Median Earnings
$1,132
Median Rent
$249,700
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - A separate cottage provides an occupied rental residence alongside the vacant primary home.
Where is this multifamily property located?
The property is located at 479 Us Highway 202 Bennington, NH.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two residences: a 2‑bedroom main home and a separate 1‑bedroom cottage; Each residence has a 3/4 bathroom; the cottage is tenant occupied; Separate electric meters serve the two living spaces
