Rural Duplex with Separate
71 Kelleys Corner Road Chichester, NH 03258
New
For Sale
$565,000
Spacious duplex on partially wooded acreage with separate utilities and outdoor parking space.
Property Size3,883 SF
Price / SF$145.51
Days on Market4
Property Features for 71 Kelleys Corner Road
General Information
- Standard status
- Active
- Size
- 3,883 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1990
Listing Agency:
Coldwell Banker Realty Nashua
(603) 703-9506
Listed By:
Constance Spencer
(603) 703-9506
Source:
Threehillsres
Added: Jul 20
Changed: Jul 21
Last Checked: Jul 23 at 6:54AM
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 Coldwell Banker Realty Nashua
Investment Insights
Based on property information with market context.
This multi-family duplex offers two residential units with distinct utility setups, including separate electric services and three separate heating sources. The upstairs unit is described as modern and remodeled, with in-unit laundry and access to a private deck. The expansive first floor features high ceilings, one full bath and two half baths, and is currently occupied on a month-to-month basis.
Set on 2.48 rural acres that are partially wooded, the property includes a large lawn, a serene wooded setting, and abundant parking. The first floor was previously used as a daycare and includes substantial interior space that may support flexible reconfiguration, subject to buyer due diligence.
Overall, the building is positioned for a buyer seeking separate systems, established income, and room to adapt the main level layout to suit future needs.
Set on 2.48 rural acres that are partially wooded, the property includes a large lawn, a serene wooded setting, and abundant parking. The first floor was previously used as a daycare and includes substantial interior space that may support flexible reconfiguration, subject to buyer due diligence.
Overall, the building is positioned for a buyer seeking separate systems, established income, and room to adapt the main level layout to suit future needs.
Key Highlights
- Spacious multi‑family duplex built in 1990 on 2.48 partially wooded rural acres
- Upstairs unit is remodeled with in‑unit laundry and a private deck; currently leased
- First‑floor space is on a month‑to‑month basis and was formerly a third‑unit daycare
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 | $97.9k | $25.20 |
| − Vacancy | −$4.4k | −$1.13 |
| EGI | $93.4k | $24.07 |
| − OpEx | −$42.1k | −$10.83 |
| NOI | $51.4k | $13.24 |
3,883 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$796.8K
$697.2K – $929.6K
NOI $55,775 @ 7.0% cap · market cap 9.87%
Second Best
Apartment 5plus
$734.2K
$642.5K – $856.6K
NOI $51,397 @ 7.0% cap · market cap 9.10%
Theoretical Best
Office A
$1.01M
$884.7K – $1.18M
NOI $70,774 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Spacious duplex on partially wooded acreage with separate utilities and outdoor parking space.
Where is this duplex located?
The property is located at 71 Kelleys Corner Road Chichester, NH.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Spacious multi‑family duplex built in 1990 on 2.48 partially wooded rural acres; Upstairs unit is remodeled with in‑unit laundry and a private deck; currently leased; First‑floor space is on a month‑to‑month basis and was formerly a third‑unit daycare
