5 Ormond Street Concord, NH 03301
Listing Courtesy of: MLS LogoPrimeMLS / Better Homes And Gardens Real Estate The Masiello Group / Laurie Norton

  5 Ormond Street Concord, NH 03301

Pending (6 Days)
$615,000 (USD)
5
BED
3
BATH
2,936
SQFT

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!

MLS #:
5075525
Lot Size
0.3 acres
Type
Multifamily
Year Built
1829
Style
Multi-Family, New Englander, Antique
School District
Concord School District Sau #8
County
Merrimack County

Listed By

Laurie Norton, Better Homes And Gardens Real Estate The Masiello Group
Source
PrimeMLS
Last checked Feb 13 2026 at 7:27 AM GMT+0000
Bathroom Details
Lot Information
  • Level
  • City Lot
  • Sidewalks
  • Corner Lot
  • Near Hospital
  • Near Golf Course
  • Near Public Transit
Property Features
  • Foundation: Concrete
  • Foundation: Stone
  • Foundation: Poured Concrete
  • Foundation: Brick/Mortar
Heating and Cooling
  • Hot Water
  • Baseboard
  • Zoned
  • None
Basement Information
  • Unfinished
  • Bulkhead
  • Partial
  • Concrete
  • Storage Space
  • Concrete Floor
  • Exterior Entry
  • Interior Stairs
  • Exterior Stairs
Flooring
  • Hardwood
  • Combination
  • Vinyl Plank
Exterior Features
  • Outbuilding
  • Enclosed Porch
  • Roof: Metal
Utility Information
  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Fuel: Hot Water
Parking
  • Paved
  • Parking Spaces 6+
  • Visitor
  • Driveway
Stories
  • 1.75
Living Area
  • 2,936 sqft
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: © 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2/12/26 23:27