Seller's Agent in 2026
Laurie Norton Team
BHG Masiello Bedford
(603) 361-4804
3 in this area
478 Total Sales
5 Ormond St Concord, NH 03301
Concord Heights Neighborhood
5
Beds
3
Baths
2,936
Sq Ft
0.3
Acres Lot
Highlights
- Property is near golf course and public transit
- Wood Flooring
- Enclosed Patio or Porch
- Antique Architecture
- Corner Lot
- Zoned Heating
About This Home
As of March 2026Excellent 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!
Last Agent to Sell the Property
BHG Masiello Bedford License #058926 Listed on: 02/03/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,337
Year Built
- Built in 1829
Lot Details
- 13,068 Sq Ft Lot
- Corner Lot
- Level Lot
Parking
- 3 Car Garage
- Driveway
- Visitor Parking
Home Design
- Antique Architecture
- New Englander Architecture
- Brick Foundation
- Concrete Foundation
- Stone Foundation
- Metal Roof
- Vinyl Siding
Interior Spaces
- Property has 1.75 Levels
Flooring
- Wood
- Vinyl Plank
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Basement
- Interior and Exterior Basement Entry
- Basement Storage
Outdoor Features
- Enclosed Patio or Porch
- Outbuilding
Location
- Property is near golf course and public transit
- Property near a hospital
- City Lot
Utilities
- No Cooling
- Zoned Heating
- Baseboard Heating
- Hot Water Heating System
- 200+ Amp Service
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 9 / Z
- Assessor Parcel Number 0631
Community Details
Overview
- 2 Units
Building Details
- Gross Income $59,400
- Net Operating Income $38,638
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2020
Closed on
Jan 8, 2020
Sold by
Reynolds Mark A and Reynolds Cheney
Bought by
Viers Jamy G and Viers Matthew J
Seller's Agent
Susan Tillery
BHG Masiello Bedford
Buyer's Agent
Laurie Norton Team
BHG Masiello Bedford
Sold Price
$2,200
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.50%
Original Mortgage
$317,149
Outstanding Balance
$277,798
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$329,377
Purchase Details
Closed on
Aug 31, 2017
Sold by
Ives Christina S
Bought by
Reynolds Mark A and Cheney-Reynolds Tamara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.63%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 23, 2014
Sold by
Prescott 3Rd John M
Bought by
Ives Christina S and Prescott John M
Purchase Details
Closed on
Oct 21, 2009
Sold by
Johnny Prescott & Son
Bought by
Prescott 3Rd John M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.09%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $323,000 | None Available | |
| Warranty Deed | $255,000 | -- | |
| Warranty Deed | -- | -- | |
| Deed | $160,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $317,149 | FHA | |
| Previous Owner | $204,000 | Commercial | |
| Previous Owner | $70,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/20/2026 03/20/26 | Sold | $580,000 | -5.7% | $198 / Sq Ft | |
| 02/10/2026 02/10/26 | Pending | -- | -- | -- | |
| 02/05/2026 02/05/26 | For Sale | $615,000 | 0.0% | $209 / Sq Ft | |
| 02/04/2020 02/04/20 | Rented | $2,200 | -4.3% | -- | |
| 01/18/2020 01/18/20 | Price Changed | $2,300 | +4.5% | $1 / Sq Ft | |
| 01/15/2020 01/15/20 | For Rent | $2,200 | 0.0% | -- | |
| 01/13/2020 01/13/20 | Sold | $323,000 | +1.3% | $117 / Sq Ft | View Prior Sale |
| 10/30/2019 10/30/19 | Pending | -- | -- | -- | |
| 10/22/2019 10/22/19 | Price Changed | $319,000 | -1.8% | $116 / Sq Ft | |
| 08/29/2019 08/29/19 | For Sale | $325,000 | -- | $118 / Sq Ft |
Source: PrimeMLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,337 | $355,100 | $102,600 | $252,500 |
| 2024 | $9,833 | $355,100 | $102,600 | $252,500 |
| 2023 | $9,538 | $355,100 | $102,600 | $252,500 |
| 2022 | $9,194 | $355,100 | $102,600 | $252,500 |
| 2021 | $8,920 | $355,100 | $102,600 | $252,500 |
| 2020 | $9,283 | $346,900 | $101,300 | $245,600 |
| 2019 | $9,048 | $325,700 | $75,600 | $250,100 |
| 2018 | $8,067 | $301,700 | $75,600 | $226,100 |
| 2017 | $8,040 | $284,700 | $79,900 | $204,800 |
| 2016 | $7,842 | $283,400 | $79,900 | $203,500 |
| 2015 | $7,390 | $266,700 | $79,900 | $186,800 |
| 2014 | $7,150 | $266,700 | $79,900 | $186,800 |
| 2013 | -- | $266,700 | $79,900 | $186,800 |
| 2012 | -- | $281,600 | $79,900 | $201,700 |
Source: Public Records
Agents Affiliated with this Home
-
Laurie Norton Team
-
Susan Tillery
Seller's Agent in 2020
Susan Tillery
BHG Masiello Bedford
(603) 682-8409
86 Total Sales
-
Rachel de Thomas
Seller's Agent in 2020
Rachel de Thomas
Coldwell Banker LIFESTYLES - Concord
(603) 748-1800
2 in this area
152 Total Sales
Map
Source: PrimeMLS
MLS Number: 5075525
APN: CNCD-000116B-000005-000015
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Copyright 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.
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