5 Ormond St

Concord NH 03301

4328 sq. ft.

13068 sq. ft.

Multi-Family

Last sold for $580,000

Laurie Norton, last sold this property on 20 March 2026 after 45 days on market.

Overview

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!

Features

5 bedrooms

4 bathrooms

3 carspaces

3 garage spaces

4328 sq. ft. floor area

13068 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar 5 bedroom multi families sold in Concord over the last 12 months.

Property history for 5 Ormond St

2026

Sold

$580,000

20 Mar 2026 by Laurie Norton, of BHG Masiello Bedford

2020

Sold

$323,000

13 Jan 2020 by Rachel Dethomas, of Coldwell Banker LIFESTYLES - Concord

Happy sellers in Concord

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