60 S State Street, Concord, NH 03301
MULTI_FAMILY - Other - Concord, NH
- Added:
- Jul 8, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 9 at 2:06 am
Property Features for 60 S State Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RN
- Bedrooms
- 7
- Bathrooms
- 5
- Rooms
- Bedroom 6, Bathroom 4, Bedroom 5, Bedroom 4, Bedroom 7, Bedroom 1, Bathroom 3, Basement, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 5
- Standard status
- Active
- Size
- 4,459 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 14127
Utilities
- Heating system
- Baseboard, Hot Water(Heating), Natural Gas
- Cooling system
- Zoned, Ductless
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 5
- Building materials
- Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Kelly Erwin (603) 232-8282
Listing office Keller Williams Realty-Metropolitan 168 South River Rd., Bedford, NH (603) 232-8282
Listing date Jul 8, 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
- Five‑unit multifamily property in Concord
- Built in 1900 with vinyl siding and a shingle roof
- Public water; heating includes baseboard, hot water, and natural gas
- Cooling features zoned systems with ductless units
- Unit layout includes 7 bedrooms, 5 bathrooms, and a basement
- Off‑street parking on a manageable lot
Overview
Located at 60 S State Street in Concord, NH (03301), the property is described as being just minutes from downtown and the State House. It also provides proximity to shopping, restaurants, parks, and major commuter routes, along with access to public transportation and nearby schools, which can be helpful for tenant retention.
For buyers seeking a manageable multifamily asset, the five-unit layout provides multiple streams of residential rental income in a well-established capital-city setting. The combination of an in-town address, practical parking, and an existing multifamily structure may appeal to an investor looking to add a small property to their portfolio, or an owner-occupant interested in living near their rental units while maintaining separate income-producing space.
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 | $112.4k | $25.20 |
| − Vacancy | −$5.1k | −$1.13 |
| EGI | $107.3k | $24.07 |
| − OpEx | −$48.3k | −$10.83 |
| NOI | $59.0k | $13.24 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Concord
- County
- Merrimack
- State
- New Hampshire
- Longitude
- -71.534775
- Latitude
- 43.199043
