by RH Advisors

See Home Value
Listed by: Laurie Norton Team, BHGRE Masiello Bedford, 603-625-2800 Selling Office: BHGRE Masiello Bedford, Listing Courtesy of Prime MLS
$615,000
● Multifamily - Off Market

5 Ormond

Concord, NH 03301
bedrooms
Studio
bathrooms
0 Bath
square feet
4,328 Ft²
$3,882
Est. Monthly
1.27%
Cap Rate

About This Property

Excellent opportunity to start, or add to your investment portfolio! Fully occupied multifamily featuring two legal residential units plus additional income-producing opportunities. 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.
Unit Size
4,328 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$142
Property Type
Multifamily
Property Taxes
$861
HOA Dues
-
Year Built
1829

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Cap Rate Calculator

Last updated: 14 days ago (Prime MLS #5075525)

Price History

Date / Event Date Event Price
Mar 20, 2026 Sold
Sold
Feb 12, 2026 In contract -
In contract
Feb 2, 2026 Listed by BHGRE Masiello Bedford $615,000
Listed by BHGRE Masiello Bedford
Jan 10, 2020 Sold
Sold
Aug 31, 2017 Sold
Sold

Property Highlights

Garage
Parking Details
Has Garage
Has Open Parking
Parking Features: Driveway, Paved, Parking Spaces 6+, Visitor
Garage Spaces: 3
Interior Details
Flooring Type: Combination, Hardwood, Vinyl Plank
Basement: Yes
Exterior Details
Square Footage: 4328
Architectural Style: Antique, Multi-Family, New Englander
Year Built: 1829
Construction Materials: Aluminum Siding, Vinyl Exterior
Lot Features: City Lot, Corner Lot, Level, Near Golf Course, Sidewalks, Near Public Transport, Near Hospital
Lot Size Area: 13068
Lot Size Units: Square Feet
Lot Size Acres: 0.3
Lot Size Square Feet: 13068
Water Source: Public
Financial Details
Tax Annual Amount: $10,337
Utilities Details
Cooling Type: None
Heating Type: Baseboard, Hot Water, Multi Zone
Sewer : Public Sewer

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20260202
02/02/2026
Studio
-
4328 ft²
$615,000
bedrooms
Studio
bathrooms
-
square feet
4328 ft²
$615,000
03/20/2026
Laurie Norton Team
BHG Masiello Manchester
20190829
08/29/2019
Studio
-
2749 ft²
$319,000
bedrooms
Studio
bathrooms
-
square feet
2749 ft²
$323,000 +1.25%
01/10/2020
Rachel Dethomas
Coldwell Banker LIFESTYLES - Concord

Building Info

5 Ormond Street 5 Ormond Street, Concord, NH 03301
More about this Building
5 Ormond Street
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About Concord


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