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18 Elm Street, 
Northfield, NH 03276

$199,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Suzanne Damon

eXp Realty

Cell: 603-493-5561

Last updated:

August 23, 2025, 10:20 AM

MLS#

5057314

Source:

PrimeMLS

About This Home

18 Elm Street

Investment Opportunity: Turn-of-the-Century Waterfront Two-Family Home with ADU.Seize this rare chance to own a turn-of-the-century, formally crafted waterfront gem at 18 Elm St, Northfield, NH. Originally a single-family home, this 3,467-square-foot property was thoughtfully converted into a two-family residence with a newly permitted ADU on the third floor. The potential layout consists of: Unit 1 (1st Floor): Two large bedrooms, formal living room, a kitchen, full bath, and private porch.Unit 2 (2nd & 3rd Floors): Up to four bedrooms, a porch, and ADU for added flexibility. Additional Features: Walk-out basement, new roof, and reframed 3rd floor post-2022 fire. Investment Highlights: Estimated Rents: $2,000–$2,700/month per 3-bedroom unit, plus $1,200–$2,000 for the ADU, yielding $5,200–$7,400/month total. Construction Costs: $57,400–$85,300 to complete (plumbing, electrical, insulation, sheetrock, carpentry) ROI Potential: Annual rental income of $62,400–$88,800 against costs of $57,400–$85,300 offers a 5–7 year payback, with 24–35% property value increase post-ADU completion. Prime Location: Waterfront setting enhances desirability and rental demand. Act now to transform this historic property into a high-yield investment!

Home Facts

Multi-Family

Built in 1901

Price Summary

199,000

MLS #:

5057314

Last Updated:

August 23, 2025, 10:20 AM

Added:

5 day(s) ago


Structure

Structure

Year Built:

1901


Lot

Lot Size (Sq. Ft):

15,246


Finances & Disclosures

Finances

Price:

$199,000

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Copyright 2025 Prime MLS, 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 Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated August 24, 2025

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