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Listed price in listed location currency (USD).
$479,900

000

MLS® 5088125

Open House
Fri May 15, 8:00-10:00 PM UTCSat May 16, 5:00-7:00 PM UTC
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 5483 sqft
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1871
Avg. Price Per Sqft $87
MLS® Number 5088125

Property Address: 2 Depot St, Pittsfield, NH, 03263-3347

Average square foot calculated using Size range provided by listing agent.

Description

Investors, look no further for a deal of a lifetime. This large 5-unit property offers 5, 483 SF of finished space with a cap rate exceeding 13.5%, along with potential for additional units through subdivision of the commercial spaces or expansion of the existing layouts. A current storage area also presents the opportunity for conversion into an additional unit. The interior residential units are well maintained with solid long term tenants. In the past 3 years, the largest unit has been updated throughout, featuring a renovated kitchen with beautiful granite countertops, stainless steel appliances, and newer flooring. The bathrooms have also been remodeled with updated tubs and vanities. The smaller one-bedroom unit offers a cozy layout and has seen updates as well, including new carpeting, along with improvements to the kitchen and bathroom. The property’s large footprint offers the potential for 6+ additional residential units through conversion of the commercial spaces, along with the possibility of 5+ more units in the unfinished attic — creating the opportunity for an intriguing combined 15+ unit building. Parking would be needed as required by the town for the increased units but that can be fulfilled with the sale of the property across the street that can be purchased as a package. Other updates include a young roof and a young Buderus boiler. Located in the heart of downtown Pittsfield, tenants enjoy walkable access to shops, restaurants, and everyday conveniences in a true small-town setting. Nearby Drake Field offers outdoor recreation along the Suncook River with trails, fields, and courts. Commuting is also convenient, with Concord under 30 minutes away and Boston & Portsmouth less than an hour. PRIVATE SHOWINGS Friday 4-6PM and Saturday 1-3PM.
MLS® Number5088125
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1871
BasementConcrete Floor, Unfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 11, 2026List Date
$479,900List Price
  • Commute

Commute

Starting Address
Destination Address
2 Depot St, Pittsfield, NH

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