Turnkey Triplex with Long-Term
67 Pennacook Street Manchester, NH 03104
New
For Sale
$689,900
Three-unit property includes a two-way entry duplex plus an attached 2-bedroom accessory dwelling.
Property Size3,069 SF
Price / SF$224.80
Days on Market5
Property Features for 67 Pennacook Street
General Information
Standard status
Active
Size
3,069 SF
Property subtype
Multi Family
Building Details
Year Built
1930
Listing Agency:
BHHS Verani Londonderry
(603) 548-6047
Listed By:
Betty Mak
Source:
Laerrealty
Added: Jul 23
Changed: Jul 24
Last Checked: Jul 27 at 2:35AM
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 BHHS Verani Londonderry
Investment Insights
Based on property information with market context.
Located at 67 Pennacook Street in Manchester’s North End, this well-maintained multi-family offering combines two distinct buildings into one package. The main dwelling is set up as a two-way entry duplex, with two spacious units, each featuring 2 bedrooms, 1 full bath, and a wide, functional kitchen. Attached to the property is a second dwelling configured as an in-law suite or ADU, offering 2 bedrooms and 1.5 baths.
As of today, two of the three units are currently occupied by long-term tenants with 10+ years of tenure. The triplex is presented as delivering guaranteed rental income of $43,000+ annually. Recent upgrades include backyard fencing, brand-new gas boilers, and a new water heater.
Private showings begin 7/22/2026 (Wed.).
As of today, two of the three units are currently occupied by long-term tenants with 10+ years of tenure. The triplex is presented as delivering guaranteed rental income of $43,000+ annually. Recent upgrades include backyard fencing, brand-new gas boilers, and a new water heater.
Private showings begin 7/22/2026 (Wed.).
Key Highlights
- Three‑unit multi‑family in Manchester’s North End: two‑way entry duplex plus an attached 2‑bedroom ADU/in‑law unit.
- Duplex layout includes two units, each with 2 bedrooms and 1 full bath, plus wide, functional kitchens.
- Attached ADU offers 2 bedrooms and 1.5 baths for extended family use or additional rental income.
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 | $62.6k | $20.40 |
| − Vacancy | −$3.4k | −$1.12 |
| EGI | $59.2k | $19.28 |
| − OpEx | −$17.7k | −$5.78 |
| NOI | $41.4k | $13.49 |
3,069 SF · lease $20.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$591.6K
$517.7K – $690.3K
NOI $41,415 @ 7.0% cap · market cap 6.00%
Second Best
Apartment 5plus
$550.9K
$482.1K – $642.8K
NOI $38,566 @ 7.0% cap · market cap 5.59%
Theoretical Best
Specialty Retail
$753.7K
$659.5K – $879.3K
NOI $52,756 @ 7.0% cap · market cap 7.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property includes a two-way entry duplex plus an attached 2-bedroom accessory dwelling.
Where is this triplex located?
The property is located at 67 Pennacook Street Manchester, NH.
What is the asking price?
The asking price for this property is $689,900.
What are key features of this property?
This property features: Three‑unit multi‑family in Manchester’s North End: two‑way entry duplex plus an attached 2‑bedroom ADU/in‑law unit.; Duplex layout includes two units, each with 2 bedrooms and 1 full bath, plus wide, functional kitchens.; Attached ADU offers 2 bedrooms and 1.5 baths for extended family use or additional rental income.
