List Price: $695,000 | $233 per sq.ft. Multi Family
Price Change! Reduced by $24,000 down 3% on March 1st 2026
A 3 Unit Multi Family Home
With 1 One Bedroom Units , 2 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Monday Dec 15, 2025 | MLS# 5072044
Price Change! Reduced by $24,000 down 3% on March 1st 2026
A 3 Unit Multi Family Home
With 1 One Bedroom Units , 2 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Monday Dec 15, 2025 | MLS# 5072044
To see this Listing
Address: 271 Village Street Concord NH
Listed by Lucas Leo LM Investments
Description:
Why pay a mortgage when your neighbors can do it for you? This fully occupied 3-unit building in Penacook is a rare find for those looking to build immediate equity. Comprising two 2-bedroom units and a 1-bedroom unit, this property offers the ultimate "House Hack" opportunity or a rock-solid addition to your portfolio. Forget the stress of "fixer-uppers"--the big-ticket items are already handled. Each tenant enjoys their own 3-season porch, in-unit laundry, off-street parking, and--most importantly for your bottom line--they pay their own heat and electricity. Located in the heart of Penacook Village, you're just a short drive from the energy of Downtown Concord and the convenience of the new Exit 17 shopping district. Quick I-93 access makes this a commuter's dream. Don't just buy a home--buy an income stream. Broker Interest.
Annual Expenses
Taxes: $8,146
Taxes: $8,146
Income
Gross Income | $63,840
Gross Income | $63,840
UNIT 1 INFORMATION
Beds: 2
Baths: 1
Rooms: 0
Tenant Pays : Electric,Heat
Rent : 1850.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
UNIT 2 INFORMATION
Beds: 2
Baths: 1
Rooms: 0
Tenant Pays : Electric,Heat
Rent : 1600.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
UNIT 3 INFORMATION
Beds: 1
Baths: 1
Tenant Pays : Electric,Heat
Rent : 1870.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Construction: Wood Frame | Vinyl Siding
Year Built: 1880
Style: Multi-Family
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 3419
Above Grade Sq.Ft.: 2064
Below Grade Sq.Ft.: 917
Basement: Gravel | Insulated
Year Built: 1880
Style: Multi-Family
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 3419
Above Grade Sq.Ft.: 2064
Below Grade Sq.Ft.: 917
Basement: Gravel | Insulated
Roof: Shingle
Seasonal: No
Seasonal: No
Heating: Natural Gas | Direct Vent
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable
Electric Meters:
Water: Public
Sewer: Public
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable
Electric Meters:
Water: Public
Sewer: Public
Land Information
Corner | Sidewalks | Near Shopping | Near School(s)
Lot size: 0.1 acres
Zoned: cu)
Surveyed: No
Flood Zone: Unknown
Road Frontage: 120
Driveway: Paved
Corner | Sidewalks | Near Shopping | Near School(s)
Lot size: 0.1 acres
Zoned: cu)
Surveyed: No
Flood Zone: Unknown
Road Frontage: 120
Driveway: Paved
Additional Information
Block - 9
Taxes $8,146
Assesed Value Not Reported
Block - 9
Taxes $8,146
Assesed Value Not Reported
Schools
