This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$580,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property 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!
Full Property Details
Full Property Details for 5 Ormond St
General
- Sold For: $580,000
- Taxes: $10,336 (2025)
- Status: Closed
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 5075525
- Added to Site: 61 day(s) ago
Rental Information
- Lease Terms: Unit1=Month to Month, Unit2=Month to Month,
Interior
- Flooring: Combination, Hardwood, Vinyl Plank
Exterior
- Exterior Features: Outbuilding, Enclosed Porch
- Color: White
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking: Driveway, Parking Spaces 6+, Paved, Visitor
Location
- County: Merrimack
- Driving Directions: 93 N to Exit 14. Turn Right onto Loudon Road. Immediately after McDonald's, turn left onto Ormond. Corner of Ormond and Prescott.
School Information
- School District: Concord School District SAU #8
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Hot Water, Multi Zone
- Furnaces: 1
- Water Heaters: 1
Utilities
- Sewer: Public
- Trash: Curbside, Municipal
- Separate Meters: Varies
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Interior
- Basement Desc.: Bulkhead, Concrete, Concrete Floor, Exterior Access, Exterior Stairs, Interior Stairs, Partial, Storage Space, Unfinished
- Roof: Metal
- Stories/Levels: 1.75
- Finished Total: 2,936 Sq. Ft.
- Finished Above Grnd: 2,936 Sq. Ft.
- Year Built: 1829
Unit Information
- 1 Bedroom Units: 2
- 3 Bedroom Units: 1
- Units w/Refrigerators: 2
- Units w/Range/Oven: 3
Unit 1
- Unit Description: New Englander
- Level: 1 & 2
- Total Bathrooms: 2
- Bedrooms: 4
Unit 2
- Unit Description: Garden
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,068
- Frontage: TBD
- Driveway/Sidewalk: Paved
- Zoning: RH 1040
Financial Considerations
- Price Per Sq. Ft.: $209.47
- Tax Amount: $10,336.96
- Tax Year: 2025
Disclosures and Reports
- Documents Avail.: Deed, Property Disclosure, Tax Map
- Surveyed: Yes
- Block: Z
- Lot Number: 9
Listed by BHGRE Masiello Bedford, Laurie Norton Team
Sold by BHGRE Masiello Bedford, Laurie. Norton Team
Get Pre-Approved Today
Schools
Schools serving 5 Ormond St
School District:Concord School District, Concord, NH
| Name | Grades | Distance |
|---|---|---|
Broken Ground School 51 South Curtisville Road, Concord, NH 03301 | 3-5 | 1.3 mi |
Mill Brook School 53 South Curtisville Road, Concord, NH 03301 | PK-2 | 1.4 mi |
Rundlett Middle School 144 South Street, Concord, NH 03301 | 6-8 | 5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5 Ormond St
Date
Details
Price
Change
Source
3/20/2026
Sold
$580,000
-5.69%
MLS
2/02/2026
Listed
$615,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5 Ormond Street, Concord, NH 03301 (MLS# 5075525) is a Multi-Family property that was sold at $580,000 on March 20, 2026. Want to learn more about 5 Ormond Street? Do you have questions about finding other Multi-Family real estate for sale in Concord? You can browse all Concord real estate or contact a Coldwell Banker agent to request more information.

