Turnkey Triplex with Long-Term
For Sale
$689,900
67 Pennacook St, Manchester, NH 03104
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 Market96
Property Features for 67 Pennacook St
General Information
Standard status
Active
Size
3,069 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Straw/ Smyth
Building Details
Year Built
1930
Listing Agency:
BHHS Verani Londonderry
Listed By:
Betty Mak
(603) 548-6047
Source:
Lawanaandcompany
Added: Jul 23
Changed: Oct 25
Last Checked: Oct 7 at 3:02PM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$41,415
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$828,300
$828.3K
Cap Rate 7%
$591,643
$591.6K
Cap Rate 9%
$460,167
$460.2K
Market Conditions
NOI Build-Up for 3,069 SF
Gross rent
$62.6K $20.40/SF
− Vacancy
−$3.4K −$1.12/SF
EGI
$59.2K $19.28/SF
− OpEx
−$17.7K −$5.78/SF
NOI
$41.4K $13.49/SF
Area
Manchester, NH
Vacancy
5.50%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$828,300
Cap Rate 7%
$591,643
Cap Rate 9%
$460,167
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.
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Location Intelligence
Trade Area within ½ mile
2,337
Businesses Nearby
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Business Placement
Demographics for 03104, NH
34,324
Population
15,715
Households
2.2
Avg Household Size
38
Median Age
43%
College-Educated
94%
High-School Grad
8.3 sq mi
ZIP Area
4,135
Density / Sq Mi
$84,513
Median Household Income
$48,513
Median Earnings
$1,455
Median Rent
$364,200
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
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 St 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.
