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  • Listed by: 

    Norm Aboshar,

    Keller Williams Gateway Realty 603-883-8400

    Bought with: Alan Larrabee Realty Group
    $550,000

    50 North Spring Street, Concord, NH 03301

    5beds
    2,761sqft
    Multi Family
    Built in 1880
    -- sqft lot
    $578,200 Zestimate®
    $199/sqft
    $2,355 Estimated rent

    Home value

    $578,200

    $497,000 - $671,000

    $2,355/mo

    Zestimate® history
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    What's special

    Huge Price Reduction! Prime investment opportunity in the heart of downtown Concord! This charming and well-maintained 4-unit New Englander offers excellent income potential. The property consists of one large 3-floor unit featuring 2 spacious bedrooms, 1.5 baths, a formal living room, dining room, bonus room, and plenty of storage space, perfect for an owner-occupant or perfect for a high-end tenant. Additionally, there are two comfortable 1-bedroom units and a cozy studio, ideal for consistent rental income. Tenants enjoy a shared outdoor patio area, along with a private rear yard and garden space for relaxation or gardening enthusiasts. The utility room provides laundry access for all tenants, and the garage is currently used for owner storage but offers potential for other uses. Roof (12 years old), a modern heating system (12 years old), a 4-year-old water heater, and a fully updated electrical system. The property is served by public water and sewer and natural gas. With the option to separate utilities for increased rental value, a fresh coat of paint, and minor repairs, this property is poised to offer a worry-free investment or a fantastic owner-occupied opportunity. Walking distance to all of downtown Concord’s amenities, restaurants, and shops, this is the ideal location for urban living with small-town charm. Don’t miss out on this rare find!

    Zillow last checked: 8 hours ago

    Listing updated: January 02, 2025 at 08:02am

    Listed by:

    Norm Aboshar,

    Keller Williams Gateway Realty 603-883-8400

    Bought with:

    Alan Larrabee

    Alan Larrabee Realty Group

    Source: PrimeMLS,MLS#: 5018781MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    Heating
    • Natural Gas, Hot Water
    Cooling
    • None
    Features
    • Flooring: Carpet, Laminate, Wood
    • Basement: Exterior Entry,Walk-Out Access
    Interior area
    • Total structure area: 3,387
    • Total interior livable area: 2,761 sqft
    • Finished area above ground: 2,761
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Paved, Off Street, Parking Spaces 3
    • Garage spaces: 1
    Features
    • Levels: Two
    • Frontage length: Road frontage: 50
    Lot
    • Size: 6,098 sqft
    • Features: City Lot, In Town
    Details
    • Parcel number: CNCDM44B2L8
    • Zoning description: RD

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: New Englander
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Foundation: Concrete
    • Roof: Metal,Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1880

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Underground Gas

    Community & neighborhood

    Location
    • Region: Concord

    Price history

    DateEventPrice
    12/31/2024Sold$550,000+0%$199/sqft
    Source: PrimeMLS #5018781 Report a problem
    12/11/2024Contingent$549,900$199/sqft
    Source: PrimeMLS #5018781 Report a problem
    11/12/2024Listed for sale$549,900-8.3%$199/sqft
    Source: PrimeMLS #5018781 Report a problem
    11/4/2024Contingent$599,900$217/sqft
    Source: PrimeMLS #5018781 Report a problem
    10/16/2024Listed for sale$599,900+46.3%$217/sqft
    Source: PrimeMLS #5018781 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$10,146 +3.1%$366,400
    2023$9,842 +3.8%$366,400
    2022$9,486 $366,400

    Find assessor info on the county website

    Neighborhood: 03301

    Nearby schools

    GreatSchools rating
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