NOT LISTED FOR SALE

50 N Spring St Concord, NH 03301

North End Neighborhood
5 Beds
4 Baths
2,761 Sq Ft
6,098 Sq Ft Lot

Last Sold December 31, 2024

Last sale price $550,000 $199 Per Sq Ft

56 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • High Speed Internet
  • New Englander Architecture
  • 1 Car Garage
  • Wood Siding

About This Home

As of December 2024

Huge Price Reduction! Prime investment opportunity in the heart of downtown Concord! This charming and well-maintained 4-unit New Englander offers excellent income potential. The property consists of one large 3-floor unit featuring 2 spacious bedrooms, 1.5 baths, a formal living room, dining room, bonus room, and plenty of storage space, perfect for an owner-occupant or perfect for a high-end tenant. Additionally, there are two comfortable 1-bedroom units and a cozy studio, ideal for consistent rental income. Tenants enjoy a shared outdoor patio area, along with a private rear yard and garden space for relaxation or gardening enthusiasts. The utility room provides laundry access for all tenants, and the garage is currently used for owner storage but offers potential for other uses. Roof (12 years old), a modern heating system (12 years old), a 4-year-old water heater, and a fully updated electrical system. The property is served by public water and sewer and natural gas. With the option to separate utilities for increased rental value, a fresh coat of paint, and minor repairs, this property is poised to offer a worry-free investment or a fantastic owner-occupied opportunity. Walking distance to all of downtown Concord’s amenities, restaurants, and shops, this is the ideal location for urban living with small-town charm. Don’t miss out on this rare find!

Last Agent to Sell the Property

Norm Aboshar

Keller Williams Gateway Realty License #003174 Listed on: 10/16/2024

Keller Williams Gateway Realty

Last Buyer's Agent

Alan Larrabee

Alan Larrabee Realty Group License #071830

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,842

Year Built

  • Built in 1880

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • New Englander Architecture
  • Concrete Foundation
  • Shingle Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate

Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Location

  • City Lot

Utilities

  • Hot Water Heating System
  • Underground Utilities
  • 200+ Amp Service
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Block 81

Community Details

Overview

  • 4 Units

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $8,797
  • Gross Income $81,600
  • Net Operating Income $62,961

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,842

Year Built

Built in 1880

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 199.2
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3387
  • Sq Ft - Apx Total Finished: 2761
  • Year Built: 1880
  • Remarks Public: Huge Price Reduction! Prime investment opportunity in the heart of downtown Concord! This charming and well-maintained 4-unit New Englander offers excellent income potential. The property consists of one large 3-floor unit featuring 2 spacious bedrooms, 1.5 baths, a formal living room, dining room, bonus room, and plenty of storage space, perfect for an owner-occupant or perfect for a high-end tenant. Additionally, there are two comfortable 1-bedroom units and a cozy studio, ideal for consistent rental income. Tenants enjoy a shared outdoor patio area, along with a private rear yard and garden space for relaxation or gardening enthusiasts. The utility room provides laundry access for all tenants, and the garage is currently used for owner storage but offers potential for other uses. Roof (12 years old), a modern heating system (12 years old), a 4-year-old water heater, and a fully updated electrical system. The property is served by public water and sewer and natural gas. With the option to separate utilities for increased rental value, a fresh coat of paint, and minor repairs, this property is poised to offer a worry-free investment or a fantastic owner-occupied opportunity. Walking distance to all of downtown Concord’s amenities, restaurants, and shops, this is the ideal location for urban living with small-town charm. Don’t miss out on this rare find!
  • List Agent: 24792
  • Display On Internet: High Speed Intrnt -Avail
  • Architectural Style: New Englander
  • ResoLotFeatures: City Lot, In Town
  • Road Frontage Type: Public
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate, Wood
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Exterior Access
  • Sq Ft - Apx Finished AG: 2761
  • Sq Ft - Apx Unfinished BG: 626

Exterior Features

  • Driveway: Paved
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roof: Metal, Shingle - Asphalt
  • Easements: Unknown
  • Construction Type: Wood Siding

Garage/Parking

  • Garage Capacity: 1
  • Parking: Off Street, Parking Spaces 3
  • Garage: Yes

Utilities

  • Electric: 200 Amp
  • Sewer: Public
  • Heating: Natural Gas, Hot Water
  • Total Electric Meters: 1
  • Total Gas Meters: 1
  • Total Heat Units: 1
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 1
  • Utilities: Cable - Available, Gas - Underground
  • Water Source: Public

Lot Info

  • Map: 6444Z
  • Lot: 00
  • Lot Sq Ft: 6098
  • Lot Acres: 0.14
  • Surveyed: Unknown
  • Zoning: RD
  • Deed Book: 3793
  • Deed Page: 2268
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 81600
  • Net Income: 62961.07
  • Total Full Baths: 4
  • Total Units: 4
  • Total1 Bedroom Units: 3
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 9842
  • Tax Year: 2023

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 Sold $550,000 0.0% $199 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
11/12/2024 11/12/24 Price Changed $549,900 0.0% $199 / Sq Ft
11/12/2024 11/12/24 For Sale $549,900 -8.3% $199 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
10/16/2024 10/16/24 For Sale $599,900 +46.3% $217 / Sq Ft
05/27/2022 05/27/22 Sold $410,000 +2.5% $155 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $400,000 -- $151 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Norm Aboshar

    Seller's Agent in 2024

    Norm Aboshar

    Keller Williams Gateway Realty

    (603) 533-4822

    1 in this area

    18 Total Sales

    Norm Aboshar
    Section Image
  • Alan Larrabee

    Buyer's Agent in 2024

    Alan Larrabee

    Alan Larrabee Realty Group

    (484) 354-5796

    1 in this area

    72 Total Sales

    Alan Larrabee
    Section Image
  • Beth Ottana

    Seller's Agent in 2022

    Beth Ottana

    Nexus Realty, LLC

    (603) 848-4304

    10 in this area

    88 Total Sales

    Beth Ottana
    Section Image
  • Danny Champion

    Buyer's Agent in 2022

    Danny Champion

    Keller Williams Realty Metro-Concord

    (603) 247-5186

    3 in this area

    78 Total Sales

    Danny Champion
    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 5018781

PrimeMLS

New Hampshire Merrimack County Concord 03301 North End

50 N Spring St, Concord, NH

This home is located at 50 N Spring St, Concord, NH 03301 since 16 October 2024. This property was built in 1880. 50 N Spring St is a home located in Merrimack County with nearby schools including Christa McAuliffe School, Rundlett Middle School, and Concord High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

PrimeMLS Copyright 2025 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.

Nearby Homes