Value-Add 8-Plex Investment
For Sale
$599,000
56 Church St, Bethlehem, NH 03574
8-unit multifamily property with value-add potential in Bethlehem, NH.
Days on Market97
Property Features for 56 Church St
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
1900
Listing Agency:
The Greene Realty Group
(888) 278-5840
Listed By:
Derek J. Greene · License #SBR004802
(888) 278-5840
Source:
Elliman
Added: Apr 26
Changed: Jul 10
Last Checked: Jul 30 at 10:23AM
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 The Greene Realty Group
Investment Insights
Based on property information with market context.
This 8-plex features a 5-unit primary building and a detached 3-unit structure. It is offered individually, with the option to acquire it as part of a 19-unit Master Portfolio. The exterior includes a metal roof. Stabilized at 2026 market rates, it projects a Pro Forma Gross Income of over $145,000 annually. The property is offered 'As-Is' with a discount accounting for localized remediation needed in two offline units. The core structure is robust, and the exterior needs a cosmetic paint refresh. The bike score is 33, indicating it is somewhat bikeable, and the walk score is 39, indicating car-dependent.
Key Highlights
- Strategic 8‑Plex Value‑Add: Opportunity to acquire an 8‑unit property with potential for increased value.
- Pro Forma Gross Income: Stabilized at 2026 market rates, projecting over $145,000 annually.
- Durable Metal Roof: Fortified exterior designed to withstand winter conditions.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Explore this area
Business Placement
Demographics for 03574, NH
2,514
Population
1,401
Households
1.8
Avg Household Size
48
Median Age
45%
College-Educated
96%
High-School Grad
91.0 sq mi
ZIP Area
28
Density / Sq Mi
$83,870
Median Household Income
$47,743
Median Earnings
$1,079
Median Rent
$268,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - 8-unit multifamily property with value-add potential in Bethlehem, NH.
Where is this apartment building located?
The property is located at 56 Church St Bethlehem, NH.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Strategic 8‑Plex Value‑Add: Opportunity to acquire an 8‑unit property with potential for increased value.; Pro Forma Gross Income: Stabilized at 2026 market rates, projecting over $145,000 annually.; Durable Metal Roof: Fortified exterior designed to withstand winter conditions.