Sold

5 Ormond Street, Concord, NH 03301

Beds
5
Baths
3
Sqft
4,328
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byBHG Masiello Bedford
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Overview

Excellent opportunity to start, or add to your investment portfolio! Fully occupied multifamily featuring two legal residential units plus an additional income-producing studio, generating approximately $60,000 in gross annual rental income. The property includes one full bathroom and 3 - three-quarter baths enhancing tenant functionality and supporting strong rental performance compared to typical two-unit properties in the area. Qualified buyers may assume the existing FHA mortgage with an approximate balance of $271,000 at ~3% interest, creating significant monthly payment savings versus current market financing rates. This rare low-rate assumption materially improves cash flow and long-term return potential. Strong rental demand in the Concord market with low regional vacancy. Photos were taken prior to tenants moving in. All three are long-term tenants. Open Houses this weekend as follows: Friday 2/6 from 4-7pm, Saturday 2/7 from 12-2pm, and Sunday from 10:30-12pm. Please follow the signs when you arrive to begin your tour!

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
1
Number of bedrooms
5
Number of bathrooms
3
Square feet
4,328
Lot size (acres)
0.30
Year built
1829

Interior features

Basement
Yes, Unfinished

Garage and parking

Garage parking spaces
3

Utilities

Heating
Baseboard, Hot water, Zoned
Cooling
None
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2025)
$10,336.96

Public schools

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Sourced from: PrimeMLS MLS®#: 5075525 Last checked:

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