Two-Building Apartment
5 - 9 Merchant Street Walpole, NH 03609
For Sale
Under Contract
$1,250,000
MULTI_FAMILY - Other - Walpole, NH
Property Size11,690 SF
Lot Size0.33 Acres
Price / SF$106.93
Days on Market260
Property Features for 5 - 9 Merchant Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- residential
- Rooms
- Basement
- Standard status
- Active Under Contract
- Size
- 11,690 SF
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 25351
Utilities
- Heating system
- Propane (Heating)
- Water source
- Public
Building Details
- Year built
- 1892
- Floors in Building
- 3
- Number of units
- 14
- Building materials
- Wood Frame
- Roof type
- Metal, Shingle
- Architectural style
- Other
Listing Agency:
RE/MAX Town & Country
(603) 357-4100
Listed By:
Robert Inman · License #007535
(603) 357-4100
Added: Nov 7, 2025
Changed: Jun 23
Last Checked: Jul 25 at 9:06PM
MLS# 5069029
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.
Investment Insights
Based on property information with market context.
The property consists of two side-by-side apartment buildings offering a total of 13 finished units, along with a 14th unit that is in progress and ready for completion. The owners have completed updates in nearly every apartment, including modern kitchens, fresh paint, and new flooring, with one unit still available for finishing work. The buildings also include an unfinished area spanning two upper floors, which could be used to create additional apartment space, subject to completion and permitting requirements.
The asset is located at 5–9 Merchant Street in Walpole, New Hampshire, on a residential-zoned site. A one-car garage is also included as part of the property improvements. The listing notes that current rent structures include some utilities, and that individual meters are already installed, which may allow utilities to be transitioned to tenant-paid service.
This is a practical fit for investors or operators seeking a multi-unit residential property with a mix of completed apartments and additional space that can be brought online. With most units already updated, the remaining work is concentrated in the unfinished 14th unit and the larger upper-floor area, allowing a buyer to scope execution based on their preferred unit mix and timeline.
The asset is located at 5–9 Merchant Street in Walpole, New Hampshire, on a residential-zoned site. A one-car garage is also included as part of the property improvements. The listing notes that current rent structures include some utilities, and that individual meters are already installed, which may allow utilities to be transitioned to tenant-paid service.
This is a practical fit for investors or operators seeking a multi-unit residential property with a mix of completed apartments and additional space that can be brought online. With most units already updated, the remaining work is concentrated in the unfinished 14th unit and the larger upper-floor area, allowing a buyer to scope execution based on their preferred unit mix and timeline.
Key Highlights
- Two side‑by‑side apartment buildings in North Walpole, NH, totaling 14 units (13 existing units plus 1 unit to be finished)
- Nearly all apartments have been updated, including modern kitchens, fresh paint, and new flooring (only 1 unit remains to be finished)
- Huge unfinished area spanning two upper floors, offering space for adding a new apartment or two smaller units
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Apartment building - Side-by-side apartment buildings totaling 13 finished units with a 14th unit and additional unfinished space.
Where is this apartment building located?
The property is located at 5 - 9 Merchant Street Walpole, NH.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two side‑by‑side apartment buildings in North Walpole, NH, totaling 14 units (13 existing units plus 1 unit to be finished); Nearly all apartments have been updated, including modern kitchens, fresh paint, and new flooring (only 1 unit remains to be finished); Huge unfinished area spanning two upper floors, offering space for adding a new apartment or two smaller units
