Listed by Casey Purinton • BHHS Verani Londonderry (Phone: 603-397-8246). Bought with BHHS Verani Bedford.
Off Market Mar 2025 for $529K
$581,061
—
bd
•
— ba
•
2,104
sq ft
5-7 Old Loudon Rd, Concord, NH 03301
About this home
This unique multi-family property comprises two single-family homes on one lot. The property is zoned High Density Residential and is adjacent to the corner of Loudon Rd and D’Amante Drive and walking distance to a variety of shopping centers and restaurants. Shaw’s, Starbucks, Applebee’s, Home Depot and the former Steeple Gate Mall are all visible from the property. Both houses are currently occupied, collectively generating an annual gross income of $60,000. Unit 5 is a 2+ bedroom, 1-bathroom ranch-style house offering 1,400 sq. ft. of finished space on the main level, along with additional unfinished space in the basement and walk-up attic. Unit 7 is a 704 sq. ft. , 2-bedroom, 1-bathroom, single-level house featuring in-unit laundry and many updates. Each building is separately metered for electricity and natural gas. Buyers are encourage to conduct due diligence regarding potential redevelopment opportunities.
Finally a multi family that cash flows. These 2 houses are walking distance from shopping and dinning on Loudon road. The houses are on the old section of loudon road so there is little to no traffic on this dead end section. With a big back yard you have plenty of privacy. The yard has fruit trees and a fire pit. The red house has 2 bedrooms and 1 bath and was resently rehabed with granite counter tops, vinyl flooring and new windows. This house is leased until June 2024. The white ranch has 3 bedrooms, 1 bath, most of the windows have been replaced. There are beautiful hardwood floors in the dining room, family room and 2 of the bedrooms. This house is currnetly rented month to month. The white house has a walkout basement. Both houses come fully furnishedand have their own garage. With the tentants I need 48 hour notice to view the property. This is also listed under MLS# 4966654 Now scheduling showings for the week of September 19th.
PrimeMLS #4966654
Oct 20, 2023
Sold
$435,000
$207/sq ft
Sep 22, 2023
Pending
—
Sep 15, 2023
Price Changed
$449,000
$213/sq ft
Aug 22, 2023
Listed
$469,900
$223/sq ft
Finally a multi family with great cash flow. These houses are just off of Loudon road in Concord NH. Dining, shopping, almost everything Concord has to offer is just a short walk away. #7 Old Loudon road has been completely renovated 2 years ago. It features granite counter tops, a roomy bathroom, two great bedrooms and an amazing family room. There is a big yard and a private patio area. This unit comes with it's own garage. #5 Old Loudon road is the orginal home on this site. This unit has great hard wood floors, a large dining room, a living room, 3 nice size bedrooms/office space. The enclosed front porch lets the full sunshine in and is a wonderful place to sit. This unit has its own garage as well. This one needs a little cosmetic work. Both heating systems are in good shape and the unit #7 has a new water heater. Both have a large yard with a fire pit area in the back. Both units are fully furnished. See also MLS # 4967924. Now scheduling showings for the week of September 19th.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Merrimack County
APN
—
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Mar 14, 2025.
Property details
Parking
Parking & Garage
Garage Capacity: 2
Interior
Basement Information
Basement: Yes
Basement Access: Walkout
Equipment & Appliance Information
Appliances: Water Heater – Domestic, Water Heater – Gas