Link Copied
Listed price in listed location currency (USD).
$615,000

040

MLS® 5075525

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2936 sqft
Garage Yes
Taxes 
Days Active 4
Lot Size 0.3 acres
Approx. Age 1829
Avg. Price Per Sqft $209
MLS® Number 5075525

Property Address: 5 Ormond St, Concord, NH, 03301-6135

Average square foot calculated using Size range provided by listing agent.

Description

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!
MLS® Number5075525
Laundry Level
Central VacNo
FireplaceNo
Acreage0.3
Exterior
GarageYes
Approx. Age1829
BasementBulkhead, Concrete, Concrete Floor, Exterior Entry, Partial, Storage Space, Exterior Stairs, Interior Stairs, Unfinished
DrivewayDriveway, Parking Spaces 6+, Paved, Visitor
Garage Spaces3
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 3, 2026List Date
$615,000List Price
  • Commute

Commute

Starting Address
Destination Address
5 Ormond St, Concord, NH

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties