50 North Spring Street

Closed 12/31/24
Closed 12/31/24
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Sold
Last Sold Price
$550,000
5 beds2,761 sqft$199/sqft
50 N Spring St, Concord, NH 03301
Multi FamilyProperty Type
6,098 sq ftLot Size
1880Year Built
$199/sq ftPrice per sq ft
1 carParking Spaces

Description

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...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!

    Sold By Alan Larrabee Realty Group

    • Listed by: Norm Aboshar • Keller Williams Gateway Realty
    Listing closed: 12/31/2024 12:00 AM • Source: New England Real Estate Network, MLS#: 5018781
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    Location

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    $3,662 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $2,842

    Property Taxes

    $820

    HOA Dues

    $0

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    Property Information for 50 North Spring Street

    Property Details
    • Taxes: $9,842 / year
    • MLS Type: Multi Family
    • County: Merrimack County
    • Parking: Off Street, Parking Spaces 3
    • Zoning: RD
    Building Information
    • Stories: 2
    • Residences: 4
    • Year Built: 1880
    • Lot Size: 0.14 AC / 6,098 SF
    Summary
    Location and General Information
    • City: Concord
    • County: NH-Merrimack
    • Latitude: 43.205632179737613
    • Longitude: -71.541416017196667
    • Road Frontage: Yes
    • Seasonal: No
    • State: NH
    • Street Designation: Street
    • Map: 6444Z
    • Zip Code: 03301
    Taxes and HOA Information
    • Tax Year: 2023
    • Taxes TBD: No
    Parking
    • Garage: Yes
    • Garage Capacity: 1.00
    • Driveway: Paved
    Property
    Lot Information
    • Block: 81
    • Lot: 00
    • Lot - Sqft: 6098.0
    • Lot Features: City Lot, In Town
    • Lot Size Acres: 0.14
    • Road Frontage Length: 50.0
    • Square Feet Apx Finished Above Grade: 2761.0
    • Square Feet Apx Finished AG Source: Other
    • Square Feet Apx Finished Below Grade: 0.0
    • Square Feet Apx Finished BG Source: Other
    • Square Feet Apx Total: 3387.0
    • Square Feet Apx Total Finished: 2761.0
    • Square Feet Apx Unfinished Above Grade: 0.0
    • Square Feet Apx Unfinished AG Source: Other
    • Square Feet Apx Unfinished Below Grade: 626.0
    • Square Feet Apx Unfinished BG Source: Other
    Property and Assessments
    • Property Class: Multi-Family
    • Easements: Unknown
    • Flood Zone: Unknown
    • Foundation: Concrete
    • PreConstruction: No
    • Surveyed: Unknown
    • Year Built: 1880
    Utilities
    • Electric: 200 Amp
    • Sewer: Public
    • Water Source: Public
    • Utilities: Cable - Available, Gas - Underground
    • Total Gas Meters: 1
    • Total Electric Meters: 1
    • Separate Utilities: No
    • Internet: High Speed Intrnt -Avail
    Interior and Exterior Features
    Exterior Features
    • Color: Yellow
    • Construction Materials: Wood Siding
    • Roof: Metal, Shingle - Asphalt
    • Total Ranges: 4
    Interior Features
    • Basement: Yes
    • Basement Access Type: Walkout
    • Basement Description: Exterior Access
    • Total Full Baths: 4
    • Flooring: Carpet, Laminate, Wood
    • Heating: Natural Gas, Hot Water
    • Cooling: None
    • Total Refrigerators: 4
    • Total Stories: 2
    • Total Water Heaters: 1
    Multi Family
    Income & Expenses Information
    • Gross Income: $81,600.00
    • Net Income: $62,961.07
    • Operating Expense Incl: Heat, Maintenance, Snow Removal, Utilities, Water/Sewer
    • Operating Expense: $8,797
    Multi-Family Information
    • Total Units: 4
    • Total 1 BR Units: 3
    • Total 2 BR Units: 1
    • Total 3+ BR Units: 0
    • Total Heat Units: 1
    Unit Information
    Unit 1
    • Unit 1 Baths: 2
    • Unit 1 Bedrooms: 2
    • Unit 1 Lease Term: Annual
    • Unit 1 Rental Amt Freq: Monthly
    • Unit 1 Rental Amount: $2,200.00
    Unit 2
    • Unit 2 Lease Term: Annual
    • Unit 2 Baths: 1
    • Unit 2 Rental Amt Freq: Monthly
    • Unit 2 Bedrooms: 1
    • Unit 2 Rental Amount: $1,500.00
    Unit 3
    • Unit 3 Lease Term: Annual
    • Unit 3 Baths: 1
    • Unit 3 Rental Amt Freq: Monthly
    • Unit 3 Bedrooms: 1
    • Unit 3 Rental Amount: $1,500.00
    Unit 4
    • Unit 4 Rental Amt Freq: Monthly
    • Unit 4 Baths: 1
    • Unit 4 Bedrooms: 1
    • Unit 4 Rental Amount: $1,600.00

    Property History for 50 North Spring Street

    DateEvent & SourcePriceAppreciation
    Dec 31, 2024

    Sold (Public Record)

    Public Record #1548023465

    		$550,000

    +12.0% / yr

    Dec 31, 2024

    Sold

    New England Real Estate Network #5018781

    		$550,000—
    Dec 11, 2024

    Pending

    New England Real Estate Network #5018781

    		—
    DateEvent & SourcePrice
    12/31/2024

    Sold (Public Record)

    Public Record #1548023465

    $550,000

    +12.0% / yr

    12/31/2024

    Sold

    New England Real Estate Network #5018781

    $550,000
    12/11/2024

    Pending

    New England Real Estate Network #5018781

    —

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

    Public Records for 50 North Spring Street

    Taxable ValueLand$90,300Additions$276,100Total$366,400
    Tax Record2025$10,666 ($889 / month)
    Home Facts
    Baths4.5Total Finished SqFt2,761 SqFtAbove Grade Finished SqFt2,761 SqFtUnfinished Basement SqFt221 SqFtStories2Lot Size6,098 SqFtStyleMulti-Family Res (5+ Units)Year Built1880Year Renovated1880ZoningRDCountyMERRIMACKAPNCNCD M:6444Z B:81

    Schools near 50 North Spring Street

    This home is within Concord School District.
    Rating
    School
    Type
    Grades
    Distance
    Christa McAuliffe School
    		Public - K to 5
    Rundlett Middle School
    		Public - 6 to 8
    Concord High School
    		Public - 9 to 13
    Mill Brook School
    		Public - PK to 2
    Rating
    School
    Distance
    Christa McAuliffe School
    PublicK to 5

    Rundlett Middle School
    Public6 to 8

    Concord High School
    Public9 to 13

    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 any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Keller Williams Gateway Realty

    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 09/10/2026 06:46 PM