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    Well-Maintained Multi-Family Property Title is generated by Realmo AI

    14 Chestnut Street, Pittsfield, NH 03263

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    Claim this Listing
    For Sale
    Under Contract
    $425,000

    MULTI_FAMILY - Other - Pittsfield, NH

    Property size:
    2,162 SF
    Lot size:
    0.25 Acres
    Price / SF:
    $196/SF
    Added:
    May 4, 2026
    Days on Market:
    51
    Last Refresh:
    Jun 23 at 10:06 am

    Property Features for 14 Chestnut Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    URBAN
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 2, Bedroom 3, Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4
    Standard status
    Active Under Contract
    Size
    2,162 SF
    Lot size
    0.25 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6859

    Utilities

    Heating system
    Propane (Heating)
    Water source
    Public

    Building Details

    Year built
    1884
    Floors in Building
    2
    Number of units
    2
    Building materials
    Wood Frame, Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Joshua Ritson

    Listing agent Joshua Ritson

    Listing office Coldwell Banker Realty Gilford NH 9 Old Lake Shore Rd., Laconia, NH

    Listing date May 4, 2026

    MLS# 5086863 Listing URL

    Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Multi‑family property in Pittsfield
    • Built in 1884
    • Wood frame exterior with vinyl siding
    • Propane heating system
    • Shingle roof
    • Public water source

    Overview

    This multi-family property on Chestnut Street is a residential income building described as well-maintained and thoughtfully cared for. The configuration supports separate living spaces with practical layouts in each unit, making it suited for both owner-occupants and investors looking for a straightforward rental arrangement. The overall presentation is positioned around pride of ownership and ongoing care.

    Located in Pittsfield, the property is described as being right in the heart of the community, with proximity to easy commuting routes. For tenants and owners, that central convenience is part of the appeal, helping the building fit into everyday schedules and travel patterns.

    From a practical standpoint, the property’s two-unit structure can accommodate different living and leasing needs, such as living in one unit while renting the other. Its emphasis on affordability and maintenance supports buyers and operators seeking a dependable multi-family format without requiring major conceptual changes to the way the building is used. Zoning is identified as URBAN, providing a baseline planning category for residential income operations.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $46.7k $21.60
    − Vacancy −$2.3k −$1.08
    EGI $44.4k $20.52
    − OpEx −$13.3k −$6.16
    NOI $31.1k $14.36
    2,162 SF · lease $21.60/SF/yr · vacancy 5.00% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $443.6K
    $388.2K – $517.6K (±1% cap)
    NOI $31,055 @ 7.0% cap · market cap 7.31%
    Second Best
    Apartment 5plus
    $408.8K
    $357.7K – $477.0K (±1% cap)
    NOI $28,617 @ 7.0% cap · market cap 6.73%
    Theoretical Best
    Office A
    $562.9K
    $492.6K – $656.8K (±1% cap)
    NOI $39,406 @ 7.0% cap · market cap 9.27%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pittsfield
    County
    Merrimack
    State
    New Hampshire
    Longitude
    -71.3282686
    Latitude
    43.3065834

    FAQs

    What type of property is this?
    Duplex - A well-maintained multi-family asset with practical unit layouts and convenient central access in Pittsfield.
    Where is this duplex located?
    The property is located at 14 Chestnut Street Pittsfield, NH.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: Multi‑family property in Pittsfield; Built in 1884; Wood frame exterior with vinyl siding
    More about this property
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