Address
2 Depot Street, Pittsfield, NH
Price
$ 479,900
Property Attributes
- MLS#5088125
- TypeMulti-Family
- Listing Status Active
- CountyMERRIMACK
- CityPittsfield
- AreaMerrimack
- Zip03263
- StyleAntique,Freestanding
- Year Built1871
- Price$ 479,900
- Bedrooms6
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage6769
- Lot Size0.18 Acres
Data Source:
PrimeMLS
Property Description
Investors, look no further for a deal of a lifetime. This large 5-unit property offers 6,769 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 propertyâs 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 â 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 (MLS # 5088311). Other updates include a young roof and a young highly efficient 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.
| Price History | |
|---|---|
| 5/11/2026 | Listed $479,900 |
General Features
| Road Frontage | Yes |
|---|---|
| Sewer | Public |
| Heating | Oil,Baseboard,Hot Water |
| Cooling | None |
| Utilities | Cable Available |
| Roof | Architectural Shingle |
| Garage | No |
| Flood Zone | No |
| Zoning | commercial |
| Year Built | 1871 |
| Electric | 100 Amp Service |
| Style | Antique,Freestanding |
| Stories Count | 3 |
| Block | 109 |
| Property Condition | Existing |
| Auction | No |
| Covenants | No |
| Construction Materials | Wood Frame,Vinyl Siding |
| City | Pittsfield |
| Property Class | Multi-Family |
| Seasonal | No |
| DOM | 119 |
| Price Per Sq Ft Total AG | 70.9 |
| Last Updated | 05/15/2026 07:01:31 |
Interior Features
| Basement Description | Concrete Floor,Unfinished |
|---|---|
| Basement | Yes |
| Total Number of Units | 5 |
| Unit 1 Bedrooms | 2 |
| Unit 3 Bedrooms | 1 |
| Unit 2 Bedrooms | 3 |
| Unit 5 Baths | 1 |
| Internet | Cable Internet |
| Total Finished Area | 6769 |
| Total 3+ BR Units | 1 |
| Total 2 BR Units | 1 |
| Total 1 BR Units | 1 |
| Basement Access Type | Interior |
Exterior Features
| Lot Features | City Lot,Corner |
|---|---|
| Driveway | Concrete,Paved |
| Lot Size Area | 0.18 |
| Water Source | Public |
| Foundation | Poured Concrete |
| Road Frontage Length | 205 |
| Road Frontage Type | Paved,Public |
| Surveyed | Unknown |
| Lot Size Square Feet | 7841 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 03263
Statistics provided by Inside Real Estate
Price
Year Built
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not be used for any purpose other than to identify prospective properties
consumers may be interested in purchasing. Data last updated September 11, 2026 2:24 PM UTC
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