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Profitable Multi-Unit Investment Opportunity
For Sale
$249,000

92 Colby St, Colebrook, NH 03576

Multi-unit property in downtown Colebrook, NH with income potential.

Property Size3,501 SF
Price / SF$71.12
Days on Market139

Property Features for 92 Colby St

General Information

Standard status Active
Size 3,501 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $3,728
Listing Agency: KW Coastal and Lakes & Mtns Realty/A Notch Above
Listed By: Kim M Crane
Source: Exprealty
Added: Apr 8 Changed: Aug 23 Last Checked: Aug 22 at 11:00AM

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 KW Coastal and Lakes & Mtns Realty/A Notch Above

Investment Insights

Based on property information with market context.

Located in downtown Colebrook, NH, this multi-unit property at 92 Colby Street presents an investor opportunity. The building features three apartments, two of which are generously sized, each equipped with its own washer and dryer hookup. The apartments are currently leased at full capacity. A large attic offers potential for conversion to additional rental space, while a full basement provides ample storage. The property is a short walk to Main Street shops and services, with direct access to an ATV trail located directly behind the building. Previously operated as a basket manufacturing business, the building is versatile with a strong rental history. This property offers great value for investors seeking income property in central Colebrook, NH. The walk score is 52, indicating it is somewhat walkable, and the bike score is 16, indicating it is somewhat bikeable.

Key Highlights

  • Profitable multi‑unit property in downtown Colebrook, currently fully leased.
  • Each of the 3 generously sized apartments has its own washer/dryer hookup.
  • Large attic offers potential for conversion to additional rental space.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Cafe & Coffee Shop Barber Shop Veterinary Clinic Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

211
Businesses Nearby

Demographics for 03576, NH

2,939
Population
2,318
Households
1.3
Avg Household Size
54
Median Age
19%
College-Educated
86%
High-School Grad
168.6 sq mi
ZIP Area
17
Density / Sq Mi
$51,822
Median Household Income
$38,284
Median Earnings
$783
Median Rent
$187,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multi-unit property in downtown Colebrook, NH with income potential.
Where is this apartment building located?
The property is located at 92 Colby St Colebrook, NH.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Profitable multi‑unit property in downtown Colebrook, currently fully leased.; Each of the 3 generously sized apartments has its own washer/dryer hookup.; Large attic offers potential for conversion to additional rental space.
More about this property
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