83 King Rd Chichester, NH 03258
This exceptional investment opportunity presents a meticulously crafted, two-unit multifamily property situated on a sprawling 2.35-acre lot in Chichester, New Hampshire. Completed in 2023 with renovations finalized in 2024, this Class A property boasts a total of 4,944 square feet, encompassing a 2,910 square foot main residence and a 2,000+ square foot detached accessory dwelling unit (ADU). Each unit offers a unique blend of luxury and comfort. High ceilings, hardwood floors, and top-of-the-line stainless steel appliances are featured throughout. The main residence includes a striking stone gas fireplace and a luxurious soaking tub. The ADU features a sleek design with high ceilings, recessed lighting, and granite countertops. Both units are currently 100% occupied, generating a strong NOI of $110,574, resulting in a compelling 7.90% cap rate. Exterior amenities include a hot tub, central air conditioning, a basketball hoop, a fenced yard, and premium composite decks. The property also benefits from a full irrigation system and ample parking with a dual garage. The asking price is $1,399,900, translating to $699,950 per unit and $283.15 per square foot. This stabilized cash-flow investment is zoned residential (Res) and presents a rare opportunity to acquire a high-quality, income-producing asset in a desirable New Hampshire location. The property's APN is 2.35.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.