List Price: $599,000 | $156 per sq.ft. Multi Family A 4 Unit Multi Family Home
With 1 One Bedroom Units , 2 - Two Bedroom Units ,1 - Three Bedroom Units
Date Listed Thursday Apr 2, 2026 | MLS# 5082020
With 1 One Bedroom Units , 2 - Two Bedroom Units ,1 - Three Bedroom Units
Date Listed Thursday Apr 2, 2026 | MLS# 5082020
To see this Listing
Address: 17 Bridge Street Pittsfield NH
Listed by Nick Gray Gray Property Group, LLC
Description:
Well-maintained 4-unit multifamily property in a central Pittsfield location, directly abutting Drake Field and within walking distance to downtown amenities. The property consists of four residential units: a 3-bedroom, two 2-bedrooms, and a 1-bedroom. Several units feature private porches, and two units include in-unit washer/dryer. Interior features include a mix of original millwork and functional updates. Each unit is separately metered for electricity and hot water, helping to control operating expenses. Tenants pay for electricity, while the landlord covers oil heat, public water, and sewer. Two driveways provide 5-6 off-street parking spaces, adding convenience for tenants. Current monthly rents range from $1,725-$1,800 for the 2-bedroom units and ~$1,650 for the 1-bedroom units, generating ~$81,000 in annual gross income and ~$50,500 in net operating income. A large attached barn offers additional value-add potential. Buyers may explore the feasibility of converting this space into an additional unit or adding paid storage space, subject to town approvals. Conveniently located, the property is just minutes from Route 28 and has easy access to Concord (~20-25 minutes), Manchester (~40 minutes), and the Seacoast (~45 minutes). Whether you're looking to expand your portfolio or acquire a stable asset with upside potential, 17 Bridge Street presents a straightforward investment opportunity with both in-place cash flow and future value-add potential. Operating Expenses : Heat,Insurance,Maintenance,Professional Management,Other,Sewer,Snow Removal,Trash,Utilities,Water,Water/Sewer
Annual Expenses
Taxes: $8,215
Taxes: $8,215
Income
Gross Income | $80,944
NetIncome | $50,496
Gross Income | $80,944
NetIncome | $50,496
UNIT 1 INFORMATION
Beds: 3
Baths: 1
Rooms: 5
Tenant Pays : Electric
UNIT 2 INFORMATION
Beds: 2
Baths: 1
Rooms: 5
Tenant Pays : Electric
UNIT 3 INFORMATION
Beds: 2
Baths: 1
Rooms: 5
Tenant Pays : Electric
UNIT 4 INFORMATION
Beds: 1
Baths: 1
Rooms: 4
Tenant Pays : Electric
Construction: Timber Frame | Vinyl Siding | Wood Siding
Year Built: 1900
Style: Apartment Building
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 6085
Above Grade Sq.Ft.: 3136
Below Grade Sq.Ft.: 700
Basement: Concrete Floor | Unfinished
Year Built: 1900
Style: Apartment Building
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 6085
Above Grade Sq.Ft.: 3136
Below Grade Sq.Ft.: 700
Basement: Concrete Floor | Unfinished
Exterior Color: White
Roof: Asphalt Shingle
Seasonal: No
Roof: Asphalt Shingle
Seasonal: No
Heating: Oil | Hot Water | Boiler
Cooling: None
Electric: 200+ Amp Service
Utilities: Cable
Electric Meters: 5
Gas_Meters: 0
Water: Public
Sewer: Public
Cooling: None
Electric: 200+ Amp Service
Utilities: Cable
Electric Meters: 5
Gas_Meters: 0
Water: Public
Sewer: Public
Land Information
Corner | Landscaped | Level | In Town
Lot size: 0.19 acres
Zoned: Urban (U))
Surveyed: No
Flood Zone: No
Road Frontage: 175
Driveway: Paved
Corner | Landscaped | Level | In Town
Lot size: 0.19 acres
Zoned: Urban (U))
Surveyed: No
Flood Zone: No
Road Frontage: 175
Driveway: Paved
Additional Information
Block - 1
Taxes $8,215
Assesed Value Not Reported
Block - 1
Taxes $8,215
Assesed Value Not Reported
Schools
