Listed by Kelly Erwin • Keller Williams Realty-Metropolitan.
For sale
$1,000,000
Est. $6,998/mo —
7
bd
•
5 ba
•
4,459
sq ft
60 S State St, Concord, NH 03301
About this home
Rare opportunity to own a well-located five-unit multifamily property in the heart of Concord! Situated just minutes from downtown, the State House, shopping, restaurants, parks, and major commuter routes, this income-producing property offers strong investment potential in one of New Hampshire's most desirable rental markets. The building features five residential units, providing multiple streams of rental income and long-term value for investors or those looking to expand their portfolio. Tenants will appreciate the convenient location with easy access to employment centers, public transportation, schools, and local amenities. Off-street parking and a manageable lot add to the property's appeal. Whether you're a seasoned investor or looking to acquire your first multifamily asset, this property presents an excellent opportunity to build equity and generate consistent rental income in the Capital City.
Multi-familyProperty Type
1900Year Built
7,405 sq ftLot Size
$224Price/Sq.Ft.
Listed by Kelly Erwin• Keller Williams Realty-Metropolitan
Abbott-Downing, located between Downtown Concord and the Merrimack River corridor, is a historic and residential Concord neighborhood with tree-lined streets and a walkable civic core. The neighborhood’s character concentrates around Main Street near the New Hampshire State House, where independent cafes, galleries, and small storefronts set a steady, day-to-evening rhythm. Architectural cues lean toward classic New England forms—older clapboard homes, brick civic buildings, and compact blocks that keep errands on foot. Red River Theatres and the Capitol Center for the Arts anchor the cultural calendar with screenings and live performances. White Park adds lawns, paths, and seasonal events that pull daily routines outdoors. The Abbott-Downing legacy reads in local history, including the former carriage-making tradition tied to the city’s identity.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Unfinished basement with interior access
Previsite virtual tour available
Bedrooms
Five units total: two 2-bedroom units and three 1-bedroom units
Unit 1 and Unit 5 are on the second level; Units 2, 3, and 4 are on the first level (unit-levels listed where provided)
Bathrooms
Five full bathrooms (one per unit)
Kitchen
Each unit has a kitchen (appliance specifics not provided)
Laundry & utility
Building utilities include public water and public sewer
Electric service with circuit breakers
Heating & cooling
Natural gas heating with baseboard, gas heater, and hot water systems
Mini-split cooling
Exterior features
Paved driveway
City lot
Home design
Multi-family New Englander style
Existing construction
Parking
Paved driveway
Construction
Built in 1900
Vinyl siding
Asphalt shingle roof
Unfinished basement (foundation details not provided)
Utilities
Public water
Public sewer
Cable internet available
Financial info
Five rental units with annual lease terms
Unit breakdown: two 2-bedroom units and three 1-bedroom units
Electricity and solar
View estimated energy costs and solar savings for this home
A rare opportunity in the Capital City- This 5 unit, is turn key, with all major updates having been done- updated electric, sheet rocked walls, vinyl siding/ windows, separate utilities, property served by city services and natural gas, some original character to appreciate with hardwood flrs and tin ceilings- On site coin operated laundry. Walking distance to school, downtown and parks. 2-3 miles from Concord Hospital and less than a mile for commuters to access I93 & 89. Useful Back yard for play or gardens and plentiful on site parking up to 12-14 cars. Excellent rental history under the same ownership for almost thirty years!
Year
Property tax
Land + Additions
Assessment*
2025
$14,127 (−4.5%)
$90,000 + $395,300
$485,300
2024
$14,789 (+3.1%)
$90,000 + $444,100
$534,100
2023
$14,346 (+41.2%)
$90,000 + $444,100
$534,100
2022
$10,162 (+3.1%)
$90,000 + $302,500
$392,500
2021
$9,860 (+7.5%)
$90,000 + $302,500
$392,500
2020
$9,176 (+19.5%)
$71,900 + $271,000
$342,900
2019
$7,678 (+7.8%)
$66,800 + $209,600
$276,400
2018
$7,121 (+4.0%)
$66,800 + $185,800
$252,600
2017
$6,848 (+6.1%)
$66,800 + $175,700
$242,500
2016
$6,455 (+8.1%)
$66,800 + $166,500
$233,300
2015
$5,974 (+5.3%)
$65,400 + $153,100
$218,500
2013
$5,674
$65,400 + $156,400
$221,800
Public record
Public record
Zoning
Permits
Beds
5
Baths
5
Stories
2
Lot width
—
Lot depth
—
Lot size
7,405 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
4,459
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,459
Year built
1900
Style
Multi-Family (5+ Unit)
County
Merrimack County
APN
795479
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 5, 2026.
UT
Urban Transitional District
The Urban Transitional UT District is established to recognize areas of mixed use between established residential neighborhoods and existing commercial development wherein existing buildings and lots will be allowed to be converted to office, personal service, and high density residential uses, in a manner which will buffer and otherwise insulate the residential neighborhood from the traffic, visual, light, noise, and other impacts associated with the commercial development.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Mar 8, 2023 • Final
Mechanical (residential)
Gas
HVAC
Mar 12, 2019 • Active
Electrical (commercial)
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 96° expected this year, 17 days in 30 years
4/10 Wind Factor
15% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Concord, NH • 03301
Average low and high temperatures (°F)
30
14
33
14
48
27
59
37
68
48
80
58
85
62
82
56
76
51
63
40
49
32
35
19
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 60 S State St
There isn’t enough information to generate an accurate estimate at this time. Learn More