Downtown 5-Unit Multifamily
For Sale
$479,900
2 Depot St, Pittsfield, NH 03263
Well-maintained 5-unit multifamily with updated units and opportunities for additional residential conversion and expansion.
Property Size6,769 SF
Price / SF$70.90
Days on Market70
Property Features for 2 Depot St
General Information
Standard status
Active
Size
6,769 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
5
Building Details
Year Built
1871
Tenancy
Multi
Listing Agency:
RE/MAX Shoreline
Listed By:
Andy Yau
Source:
Carolslocum
Added: Jul 1
Changed: Sep 8
Last Checked: Sep 8 at 6:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Shoreline
Investment Insights
Based on property information with market context.
This for-sale multifamily property includes five residential units within a 6,769 SF finished building. Several interior units have been updated over recent years, including a larger unit with a renovated kitchen featuring granite countertops, stainless steel appliances, and newer flooring, along with remodeled bathrooms. The smaller one-bedroom unit also includes updates such as new carpeting and improvements to the kitchen and bathroom. The property also has a current storage area that may be converted into an additional unit, and it includes an unfinished attic described as a potential source of further units.
The property is located on Depot Street in downtown Pittsfield, offering walkable access to local shops, restaurants, and everyday conveniences. The remarks note that nearby Drake Field provides outdoor recreation along the Suncook River, with trails, fields, and courts.
Additional updates mentioned include a young roof and a young, highly efficient Buderus boiler. The seller indicates parking would be required by the town for increased unit counts and that it could be addressed through the purchase of an adjacent property across the street as part of a package deal (MLS # 5088311). Private showings are scheduled for Friday 4–6 PM and Saturday 1–3 PM.
The property is located on Depot Street in downtown Pittsfield, offering walkable access to local shops, restaurants, and everyday conveniences. The remarks note that nearby Drake Field provides outdoor recreation along the Suncook River, with trails, fields, and courts.
Additional updates mentioned include a young roof and a young, highly efficient Buderus boiler. The seller indicates parking would be required by the town for increased unit counts and that it could be addressed through the purchase of an adjacent property across the street as part of a package deal (MLS # 5088311). Private showings are scheduled for Friday 4–6 PM and Saturday 1–3 PM.
Key Highlights
- 5‑unit multifamily with 6,769 SF of finished space and a cap rate exceeding 13.5%
- Interior residential units have long‑term tenants; largest unit updated in the past 3 years with renovated kitchen and remodeled bathrooms
- Renovated kitchen includes granite countertops and stainless steel appliances; newer flooring in the largest unit
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
189
Businesses Nearby
Explore this area
Business Placement
Demographics for 03263, NH
4,094
Population
1,868
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
91%
High-School Grad
24.5 sq mi
ZIP Area
167
Density / Sq Mi
$66,823
Median Household Income
$43,466
Median Earnings
$1,185
Median Rent
$270,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 5-unit multifamily with updated units and opportunities for additional residential conversion and expansion.
Where is this apartment building located?
The property is located at 2 Depot St Pittsfield, NH.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: 5‑unit multifamily with 6,769 SF of finished space and a cap rate exceeding 13.5%; Interior residential units have long‑term tenants; largest unit updated in the past 3 years with renovated kitchen and remodeled bathrooms; Renovated kitchen includes granite countertops and stainless steel appliances; newer flooring in the largest unit
