$479,900 | $71 per sq.ft. | MLS# 5088125
A
5
Unit Multi Family Home, 2 Depot Street Pittsfield NH
With 1 - One Bedroom Units | 1 - Two Bedroom Units | 1 - Three Bedroom Units
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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 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 (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.
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Annual Expenses
Taxes: $0 |
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Income
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UNIT 1 INFORMATION
Beds: 2Baths: 1Rooms: 0
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UNIT 2 INFORMATION
Beds: 3Baths: 1Rooms: 0
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UNIT 3 INFORMATION
Beds: 1Baths: 1
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FEATURES AND DETAILS
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CONSTRUCTION: Wood Frame | Vinyl Siding | Price Per SQ.FT. 70.90 | Year Built: 1871
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LAND DESCRIPTION:
LOT DESCRIPTION: City Lot | Corner
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Livable Space: 6769
Above Grade Sq.Ft.: 6769
Below Grade Sq.Ft.: 0
Heating: Oil | Baseboard | Hot Water
Cooling: None
Electric: 100 Amp Service
Style: Antique | Freestanding
Roof: Architectural Shingle
Water: Public
Sewer: Public
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Lot size: 0.18 acres
Zoned: commercial
Surveyed: Unk
Flood Zone: No
Seasonal: No
Road Frontage: 205
Driveway: Concrete | Paved
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ADDITIONAL INFORMATION
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Taxes $0 | Assesed Value $0 in |
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SCHOOLS
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15 Buck Rd. Hanover, NH 03755 603-643-3942
Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College
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Copyright © 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed.
The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’
personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated July 21st, 2026
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http://www.nh.gov/nhrec/Brokerage%20Relationship%20Disclosure%20Form%207-19-11.pdf
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