List Price: $649,000 | $236 per sq.ft. | 5 Bedroom | 2 Bathroom | 3 Story Single Family Home
Date Listed Tuesday Apr 21, 2026 | MLS# 5084567
Date Listed Tuesday Apr 21, 2026 | MLS# 5084567
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Address: 14 Pleasant Street Plymouth NH
Listed by Anthony Castellano Lamacchia Realty, Inc.
Description:
Assumable FHA loan at 3.5% on ~$254K -- saving the buyer $466 per month, over $167,000 in interest over the life of the loan. This fully furnished, turnkey income-producing colonial sits right around the corner from Plymouth State University and the charming town center, nestled at the gateway to the White Mountains and Lakes Region. Currently operating as a proven student and young professional rental with an established rent roll, this expansive 5-bedroom, 2 full bath 1907 colonial offers 2,745 sq ft across three floors plus a 1,218 sq ft unfinished basement on 0.27 acres. Original coffered ceilings, corner fireplace, a light-filled sun-room and classic farmer's porch round out a property that is as livable as it is lucrative. Over $110,000 in documented capital improvements since 2022: full roof replacement; 200-amp panel upgrade; 36 new energy efficient windows; comprehensive kitchen remodel including new stainless appliances; two hyper heat pump systems; new water heater; two updated full bathrooms; refinished hardwood floors; fenced yard with patio and fire pit; newly paved driveway. A rare zoning advantage -- grandfathered legal nonconforming use confirmed by FHA-certified appraiser and Plymouth Building Inspector in 2022. With a stabilized NOI of $66,300 and a 10.2% CAP rate, this home is priced $183K below the certified rebuild cost of $832K. The detached 3-car garage and unfinished basement each represent potential significant ADU conversion opportunities -- with the ability to expand into a multi-unit income asset, subject to permitting. 1031 exchange and investor inquiries welcome.
Listed by Anthony Castellano Lamacchia Realty, Inc.
Description:
Assumable FHA loan at 3.5% on ~$254K -- saving the buyer $466 per month, over $167,000 in interest over the life of the loan. This fully furnished, turnkey income-producing colonial sits right around the corner from Plymouth State University and the charming town center, nestled at the gateway to the White Mountains and Lakes Region. Currently operating as a proven student and young professional rental with an established rent roll, this expansive 5-bedroom, 2 full bath 1907 colonial offers 2,745 sq ft across three floors plus a 1,218 sq ft unfinished basement on 0.27 acres. Original coffered ceilings, corner fireplace, a light-filled sun-room and classic farmer's porch round out a property that is as livable as it is lucrative. Over $110,000 in documented capital improvements since 2022: full roof replacement; 200-amp panel upgrade; 36 new energy efficient windows; comprehensive kitchen remodel including new stainless appliances; two hyper heat pump systems; new water heater; two updated full bathrooms; refinished hardwood floors; fenced yard with patio and fire pit; newly paved driveway. A rare zoning advantage -- grandfathered legal nonconforming use confirmed by FHA-certified appraiser and Plymouth Building Inspector in 2022. With a stabilized NOI of $66,300 and a 10.2% CAP rate, this home is priced $183K below the certified rebuild cost of $832K. The detached 3-car garage and unfinished basement each represent potential significant ADU conversion opportunities -- with the ability to expand into a multi-unit income asset, subject to permitting. 1031 exchange and investor inquiries welcome.
Room Information:
Total Rooms: 10
Total Baths: 2
Flooring: Carpet | Hardwood | Tile
Full Baths: 2
Bedrooms: 5
Kitchen size: 12x11
Total Baths: 2
Flooring: Carpet | Hardwood | Tile
Full Baths: 2
Bedrooms: 5
Kitchen size: 12x11
Basement: Concrete Floor | Unfinished
Construction Information:
Year Built: 1907
Type: Vinyl Siding
Type: Vinyl Siding
Building Info
Finished Sq.Ft.: 3963
Above Grade Sq.Ft.: 2745
Below Grade Sq.Ft.: 0
Apx Below Grade Unfinished Sq.Ft.: 1218
Exterior Info
Style: Colonial
Exterior Color White
Roof: Asphalt Shingle
Utilities
Electric: 200+ Amp Service | Circuit Breaker(s)
Water: Public
Sewer: Public
Land Description:
City Lot | Sidewalks
Lot size: 0.27 acres
Zoned: SFR
Surveyed: Unk
Flood Zone: Unknown
Seasonal: No
Driveway: Paved
Additional Information
Docs Available : Deed | Property Disclosure
Block - 111
Taxes $7,631
Assesed Value Not Reported
Docs Available : Deed | Property Disclosure
Block - 111
Taxes $7,631
Assesed Value Not Reported
Schools
School District: Plymouth School District
Elementary School: Plymouth Elementary School
High School: Plymouth Regional High School
School District: Plymouth School District
Elementary School: Plymouth Elementary School
High School: Plymouth Regional High School
