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Property profile & analytics
OFF-MARKET
Commercial real estate

1 Elm St Exeter, NH 03833

3,328 SF 0.14 ac lot Built 1930
Property ID
US58-0311880
Property summary
AI-generated overview

This exceptional investment opportunity presents a well-maintained, seven-unit apartment building situated in the heart of Exeter, New Hampshire. The two-story building, constructed in 1930 and extensively renovated in 2021, boasts 3,328 square feet on a 0.14-acre lot. All seven units are currently occupied, offering immediate cash flow. Each unit features one bedroom and one bathroom. Seven off-street parking spaces are available for residents. Recent upgrades include vinyl windows, vinyl flooring, and updated cabinets and appliances in select units. The exterior features vinyl siding and a 15-year-old asphalt shingle roof. The property is zoned C-1 and enjoys a prime location on Elm Street, bordering the Phillips Exeter Academy campus, adjacent to Gilman East, and across from the Nathaniel Gilman House and Davis Library. This desirable location is just two blocks from the vibrant Water Street downtown area and a convenient three miles from Route 101, providing easy access to regional transportation. This is a rare opportunity to acquire a stable, high-occupancy multifamily property in a thriving New Hampshire community. The asking price is $920,000.

Property profile
Verified
Property type Commercial real estate
Year built 1930
Total area 3,328 SF
Lot 0.14 ac (6,098 SF)
UPID US58-0311880
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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