5 Ormond Street, Concord, NH 03301
Local realty services provided by:ERA Key Realty Services
5 Ormond Street,Concord, NH 03301
$580,000
- 5 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: laurie norton team
Office: bhgre masiello bedford
MLS#:5075525
Source:PrimeMLS
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Price summary
- Price:$580,000
About this home
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!...
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Home facts
- Year built:1829
- Listing ID #:5075525
- Added:50 day(s) ago
- Updated:March 23, 2026 at 01:45 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Combination, Hardwood, Vinyl Plank
- Basement Description:Bulkhead, Concrete, Concrete Floor, Exterior Access, Interior, Partial, Storage Space, Unfinished
Heating and cooling
- Heating:Baseboard, Hot Water, Multi Zone
Structure and exterior
- Roof:Metal
- Year built:1829
- Levels:1 3/4 Story
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$580,000
- Tax amount:$10,336 (2025)
Features and amenities
- Amenities:Circuit Breaker(s)
Parking
- Parking description:Paved Driveway
- Garage spaces:3
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