Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5 Merchant St North Walpole, NH 03609

    For Sale
    $1,350,000

    Multi-Family - Walpole, NH

    Property size:
    11,690 SF
    Lot size:
    0.33 Acres
    Days on Market:
    27
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 5 Merchant St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    residential
    Rooms
    Basement
    Parking
    1
    Parking features
    Garage
    Basement Y/N
    1
    Appliances
    Range, Refrigerator
    Size
    11,690 SF
    Lot size
    0.33 Acres

    Utilities

    Heating system
    Propane (Heating)

    Building Details

    Year built
    1892
    Floors in Building
    2.5
    Number of units
    14
    Roof type
    Asphalt, Metal, Shingle
    Architectural style
    Other

    RE/MAX Town & Country (603) 357-4100 [email protected]

    Listing agent Robert Inman (603) 357-4100

    Listing date Nov 9, 2025

    MLS# 5069029 Listing URL

    Copyright © 2025 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Walpole Multi-Family Investment Opportunity

    This multi-family property in North Walpole, NH, presents an investment opportunity with stability and future upside. The property comprises two side-by-side apartment buildings with a total of 13 well-maintained units and a 14th unit to be finished. Updates have been completed in nearly every apartment, featuring modern kitchens, fresh paint, new flooring, and other improvements. One unit remains ready for finishing. The buildings benefit from long-term tenants and an excellent reputation in the neighborhood. Additional features include a one-car garage that can generate extra income and a large unfinished area spanning two upper floors, suitable for adding a spacious new apartment or two smaller units. The property has individual meters already installed, presenting the potential to transition to tenant-paid utilities and further increase net operating income. The property is situated on a 0.33-acre lot. The property contains 11,690 square feet. The property is zoned for residential use.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    North Walpole
    County
    Cheshire
    State
    New Hampshire
    Longitude
    -72.4461
    Latitude
    43.1467

    Nearby Similar for Sale

    • $268,000

      New England Farmhouse Multi-Family Property

      Two-unit multi-family farmhouse in Walpole, NH with conversion potential.
      22 Church St, North Walpole, NH 03609
      View Details
    • $320,000

      Turnkey Multifamily Investment Opportunity

      Well-maintained, fully occupied multi-family property with consistent rental income.
      45 Church St, North Walpole, NH 03609
      View Details
    • $189,900

      House and Mobile Home Investment

      Two-bedroom house and mobile home on 1.91 acres.
      20-22 Green Rd, North Walpole, NH 03609
      View Details

    FAQs

    What type of property is this?
    Apartment building - Solid income property with updates and growth potential in Walpole.
    Where is this apartment building located?
    The property is located at 5 Merchant St North Walpole, NH.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - 14-unit investment property: 13 units well-maintained, 1 to be finished.; - Updates in nearly every apartment: modern kitchens, fresh paint, and new flooring.; - Increase net operating income: transition to tenant-paid utilities with individual meters already installed.
    (603) 357-4100
    Request Owner's contact information
    5 Merchant St North Walpole, NH 03609
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5 Merchant St
    North Walpole, NH 03609
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5 Merchant St North Walpole, NH 03609
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.