56 Church Street, Bethlehem, NH 03574
MULTI_FAMILY - Other - Bethlehem, NH
- Added:
- Apr 14, 2026
- Days on Market:
- 71
- Last Refresh:
- Jun 23 at 4:06 am
Property Features for 56 Church Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Com
- Rooms
- Basement
- Standard status
- Active
- Size
- 3,810 SF
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5479
Utilities
- Heating system
- Baseboard
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 8
- Building materials
- Wood Frame
- Roof type
- Metal
- Architectural style
- Other
Listing agent Derek Greene License #SBR004802 (508) 517-4908
Listing office Derek Greene 4 Field Way, Townsend, NH (860) 560-1006
Listing date Apr 14, 2026
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
- 8‑plex with a 5‑unit primary building plus a detached 3‑unit structure
- Pro forma gross income projected over $145,000 annually, stabilized at 2026 market rates
- Offered strictly as‑is, with built‑in discount for localized remediation needed in two offline units
- Core structure is described as robust; exterior needs a cosmetic paint refresh
- Wood‑frame construction with metal roof and baseboard heat
- Public water source; lockbox for easy access of empty units, full walkthrough upon accepted offer
Overview
The property is located at 56 Church Street in Bethlehem, New Hampshire. Lot size is listed at 0.5 acres, and the building size is listed at 3,810 square feet. A lockbox is noted for easy access to empty units, and full walkthrough is stated to be available upon accepted offer.
This setup can fit buyers seeking a small multifamily portfolio structure with an opportunity to address unit-specific remediation and complete an exterior paint refresh. Because the transaction is explicitly “as-is,” prospective purchasers should plan for the noted remediation in two units and verify all conditions during the walkthrough. The remarks also state the property can be acquired individually or as part of a 19-unit master portfolio option.
Local Financial Insights For Apartment 5plus
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 | $66.3k | $17.40 |
| − Vacancy | −$3.3k | −$0.87 |
| EGI | $63.0k | $16.53 |
| − OpEx | −$28.3k | −$7.44 |
| NOI | $34.6k | $9.09 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bethlehem
- County
- Grafton
- State
- New Hampshire
- Longitude
- -71.689801
- Latitude
- 44.281598
