5 Ormond St

Concord, NH 03301

$615,000
Price
5
Beds
2,936 Sq. Ft.
$209 / Sq. Ft.
2,936
Sq. Ft.
$209
per Sq. Ft.
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Under Contract
Under Contract

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...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!
  1. Listed by Laurie Norton Team • BHGRE Masiello Bedford

Property Details for 5 Ormond Street

Zoning
RH 1040
LISTING UPDATED: 02/12/2026 03:40 PM

Property Details for 5 Ormond Street

StatusUnder Contract
MLS #5075525
Days on Market5
Taxes$10,337 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1829
Lot Size0.30 AC / 13,068 SF
CountyMerrimack County
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Location

Listing Courtesy of BHGRE Masiello Bedford
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Building Information for 5 Ormond Street

Stories1Residences2Year Built1829Building Size-Lot Size0.30 AC / 13,068 SF

Payment Calculator

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$3,859 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,997

Property Taxes

$861

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5 Ormond Street

Summary
Location and General Information
  • City: Concord
  • County: NH-Merrimack
  • Directions: 93 N to Exit 14. Turn Right onto Loudon Road. Immediately after McDonald's, turn left onto Ormond. Corner of Ormond and Prescott.
  • Latitude: 43.214620180889931
  • Longitude: -71.512574271163942
  • Road Frontage: TBD
  • Seasonal: No
  • State: NH
  • Street Designation: Street
  • Map: 0631
  • Zip Code: 03301
Taxes and HOA Information
  • Tax Year: 2025
  • Taxes TBD: No
Parking
  • Garage: Yes
  • Garage Capacity: 3.00
  • Driveway: Paved
Virtual Tour
Property
Lot Information
  • Block: Z
  • Lot: 9
  • Lot Features: City Lot, Corner, Level, Sidewalks, Near Golf Course, Near Public Transportatn, Near Hospital
  • Lot Size Acres: 0.3
Property and Assessments
  • Current Use: No
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Easements: No
  • Flood Zone: No
  • Planned Urban Developmt: No
  • PreConstruction: No
  • Surveyed: Yes
  • Year Built: 1829
Utilities
  • Electric: 200+ Amp Service, Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable Available
  • Total Gas Meters: 2
  • Total Electric Meters: 2
  • Separate Utilities: Varies
  • Internet: Unknown
Interior and Exterior Features
Exterior Features
  • Color: White
  • Construction Materials: Aluminum, Vinyl Exterior
  • Roof: Metal
  • Total Ranges: 3
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete, Concrete Floor, Exterior Access, Exterior Stairs, Interior Stairs, Partial, Storage Space, Unfinished
  • Total Full Baths: 4
  • Flooring: Combination, Hardwood, Vinyl Plank
  • Heating: Baseboard, Hot Water, Multi Zone
  • Cooling: None
  • Total Refrigerators: 2
  • Total Stories: 1.75
  • Total Water Heaters: 1
  • Trash: Curbside, Municipal
Multi Family
Income & Expenses Information
  • Gross Income: $59,400.00
  • Net Income: $38,638.00
  • Operating Expense Incl: Heat, Insurance, Maintenance, Sewer, Snow Removal, Trash, Water, Water/Sewer
  • Operating Expense: $20,762
Multi-Family Information
  • Total Units: 2
  • Total 1 BR Units: 2
  • Total 2 BR Units: 0
  • Total 3+ BR Units: 1
  • Total Heat Units: 1
Unit Information
Unit 1
  • Unit 1 Style: New Englander
  • Unit 1 Baths: 2
  • Unit 1 Bedrooms: 4
  • Unit 1 Lease Term: Month to Month
  • Unit 1 Level Number: 1 & 2
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Month to Month
  • Unit 1 Rooms: 6
  • Unit 1 Rental Amount: $2,550.00
  • Unit 1 Tenant Pays: Electric
  • Unit 1 Info: Dishwasher, Electric Range, Refrigerator
Unit 2
  • Unit 2 Lease Term: Month to Month
  • Unit 2 Style: Garden
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 2
  • Unit 2 Status: Month to Month
  • Unit 2 Level Number: 1
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 1
  • Unit 2 Rental Amount: $1,100.00
  • Unit 2 Info: Electric Range, Refrigerator
  • Unit 2 Tenant Pays: Electric

Property History for 5 Ormond Street

DateEvent & SourcePriceAppreciation
Feb 10, 2026

Pending

New England Real Estate Network #5075525

—
Feb 2, 2026

Listed (Active)

New England Real Estate Network #5075525

$615,000—
Jan 13, 2020

Sold

New England Real Estate Network #4773682

$323,000—
Jan 13, 2020

Pending

New England Real Estate Network #4773682

—
Jan 8, 2020

Sold (Public Record)

Public Record #661000927

$323,000

+10.6% / yr

Aug 29, 2019

Price Change

New England Real Estate Network #4773682

$325,000—
Aug 29, 2019

Listed (Active)

New England Real Estate Network #4773682

$319,000—
Aug 31, 2017

Sold (Public Record)

Public Record #605303116

$255,000

+6.1% / yr

Oct 21, 2009

Sold (Public Record)

Public Record #285406267

$160,000—
DateEvent & SourcePrice
02/10/2026

Pending

New England Real Estate Network #5075525

—
02/02/2026

Listed (Active)

New England Real Estate Network #5075525

$615,000
01/13/2020

Sold

New England Real Estate Network #4773682

$323,000
01/13/2020

Pending

New England Real Estate Network #4773682

—
01/08/2020

Sold (Public Record)

Public Record #661000927

$323,000

+10.6% / yr

08/29/2019

Price Change

New England Real Estate Network #4773682

$325,000
08/29/2019

Listed (Active)

New England Real Estate Network #4773682

$319,000
08/31/2017

Sold (Public Record)

Public Record #605303116

$255,000

+6.1% / yr

10/21/2009

Sold (Public Record)

Public Record #285406267

$160,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5 Ormond Street

Taxable ValueLand$102,600Additions$252,500Total$355,100
Tax Record2024$9,833 ($819 / month)
Home Facts
Baths4.5Total Finished SqFt2,388 SqFtAbove Grade Finished SqFt2,388 SqFtUnfinished Basement SqFt1,168 SqFtStories2Lot Size13,068 SqFtStyleDuplexYear Built1829ZoningRHCountyMERRIMACKAPNCNCD M:631Z B:9

Schools near 5 Ormond Street

This home is within Concord School District.
Rating
School
Type
Grades
Distance
Broken Ground School
Public - 3 to 5
Rundlett Middle School
Public - 6 to 8
Concord High School
Public - 9 to 12
Mill Brook School
Public - PK to 2
Rating
School
Distance
Broken Ground School
Public3 to 5

Rundlett Middle School
Public6 to 8

Concord High School
Public9 to 12

Mill Brook School
PublicPK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHGRE Masiello Bedford

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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. Data last updated 03/12/2026 11:15 PM