This listing courtesy of Laurie Norton Team , BHGRE Masiello Bedford
$615,000

5 Ormond Street, Concord, NH 03301

  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1829
  • Property Lot Size Icon0.3acre lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 15 days ago

Property 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!

Listing Status:
Pending
Date Added:
February 2, 2026
Data Last Updated:
February 18, 2026 at 12:59AM
Listing Office:
BHGRE Masiello Bedford : 603-625-2800
Listing Agent:
Laurie Norton Team : 603-657-3200
MLS ID:
5075525
  • Basement: BulkheadConcreteConcrete FloorExterior AccessPartialStorage SpaceExterior StairsInterior StairsUnfinished
  • Flooring: CombinationHardwoodVinyl Plank
  • A/C: None
  • Heating: BaseboardHot WaterMulti Zone
  • General: OutbuildingEnclosed Porch
  • Style: AntiqueMulti-FamilyNew Englander
  • Parking: DrivewayParking Spaces 6+PavedVisitor
  • Roofing: Metal
  • General: AluminumVinyl ExteriorBrickConcretePoured ConcreteStone
  • Road/Access: PavedPublic Maintained RoadPublic
  • School District: Concord School District SAU #8
  • County: Merrimack
  • Driveway: Paved
  • Zoning: RH 1040
  • Current Use: None
  • Utilities: Cable Available
  • Water: Public
  • Sewer: Public

This listing courtesy of Laurie Norton Team , BHGRE Masiello Bedford

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Broken Ground School

51 S Curtisville Rd, Concord, NH, 03301

Grades 3-5

1.31 miles away

R

Rundlett Middle School

144 South St, Concord, NH, 03301

Grades 6-8

2.33 miles away

C

Concord High School

170 Warren St, Concord, NH, 03301

Grades 9-12

2.16 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.
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