1 month on rocket

50 N Spring St, Concord, NH, 03301

$549,900

0.14 Acres
$199/SqFt
Land

Location

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Property Highlights

Home TypeOther
ParkingOff Street, Parking Spaces 3
Garage1 space
Year Built1880
HeatingHot Water
CoolingNone
BasementYes
MLS #5018781
Lot Size0.14 Acres
StatusActive

About 50 N Spring St

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!

Property Details

Property Features

Property Information:

  • Year Built: 1880
  • Stories: 2
  • Living Area: 2,761 SqFt

Listing Office:

  • Office Name: Keller Williams Gateway Realty
  • Office Phone: (603) 883-8400
  • Listing Agent: Champion Realty Group

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Carpet, Laminate, Wood

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Off Street, Parking Spaces 3

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,900
  • Price Per SqFt: $199/SqFt

Tax Information:

  • Annual Amount: $7,918
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Concord, NH.

Med. List Price

$400K

Med. Price/SqFt

$262

Avg. Days On Market

36

# of Sold Homes

19

50 N Spring St vs Concord

36 DAYS ON ROCKET

-0 Day

$549,900

+$149.9K More

$199/SqFt

-$63 Less

KEY TAKEAWAY

This property is $149.9K more than the Median List Price and $63/SqFt less than other homes in Concord, NH.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #5018781

Listing Office:

  • Office Name: Keller Williams Gateway Realty
  • Office Phone: (603) 883-8400
  • Listing Agent: Champion Realty Group

IDX© Copyright 2024 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.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 11:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$7,918$295,900
2019$6,831$245,900
2018$6,653$236,000
2017$6,303$223,200

History based on county public records data.

Payment Calculator

$2,812

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-268651
6
/10
  • Christa McAuliffe School

  • 17 N Spring St

  • 0.18 miles

  • Public District Grades KG-5

school-card-donut-268652
3
/10
  • Abbot-Downing School

  • 152 South St

  • 1.19 miles

  • Public District Grades KG-5

school-card-donut-268653
5
/10
  • Broken Ground School

  • 51 S Curtisville Rd

  • 2.36 miles

  • Public District Grades 3-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,640. The most common annual income of people living in Concord, NH is less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 50 N Spring St

What is the listing price of this property?

The listing price of 50 N Spring St property is $549,900.

What type of property is this?

The property 50 N Spring St is land located in Concord, New Hampshire, 03301.

Is this property for sale now?

Active Listing: 50 N Spring St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,918 (source: MLS/based on county public records data).

How much acreage is this property?

The property 50 N Spring St is 0.14 acres.
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Rocket HomesNew HampshireMerrimack CountyConcord0330150 N Spring St

This home is located at 50 N Spring St in Concord, NH and zip code 03301. This 2,761 square foot home, which was built in 1880, sits on a 0.14 acre lot. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $549,900.

The number of listings in Concord, NH increased by 106.1% between September 2024 and October 2024. While the average time on the market in October 2024 was 36 days, the median list price was $400,000.

From Rocket Homes Real Estate and based on county public records data.

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