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Five-Unit Apartment Building
For Sale
$479,900

2 Depot Street, Pittsfield, NH 03263

MULTI_FAMILY - Other - Pittsfield, NH

Property Size6,769 SF
Lot Size0.18 Acres
Price / SF$70.90
Days on Market94

Property Features for 2 Depot Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning commercial
Bedrooms 6
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 6, Bathroom 4, Bathroom 5, Bedroom 5, Bedroom 1, Bedroom 2, Basement, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2
Lot features City Lot, Corner
Standard status Active
Size 6,769 SF
Lot size 0.18 Acres

Utilities

Utilities Cable Available
Heating system Oil, Baseboard, Hot Water(Heating)
Water source Public

Building Details

Year built 1871
Floors in Building 3
Number of units 5
Building materials Wood Frame, Vinyl Siding
Roof type Shingle
Architectural style Other
Listing Agency: RE/MAX Shoreline · RE/MAX International
Listed By: Andy Yau · License #074320
Added: May 11 Changed: Aug 2 Last Checked: Aug 12 at 1:06PM
MLS# 5088125

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.

This five-unit apartment building offers 6,769 SF of finished space in a wood-frame structure with vinyl siding, built in 1871. The property is heated with oil-fired baseboard systems and a hot water heating setup, and it includes a roof with shingles. Interior residential units are described as well maintained with long-term tenants, and recent updates include a renovated kitchen in the largest unit with granite countertops, stainless steel appliances, and newer flooring, along with remodeled bathrooms. A smaller one-bedroom unit has seen updates including new carpeting, plus improvements to the kitchen and bathroom.

The offering is positioned in the heart of downtown Pittsfield, with tenants benefiting from walkable access to local shops and restaurants. The listing also notes a storage area that may be convertible into an additional unit, along with potential for creating more residential units through subdivision of commercial spaces and/or expansion of existing layouts, and possible additional units in the unfinished attic. A young roof and a young, highly efficient Buderus boiler are also called out.

Utilities noted include cable availability and public water service, and the listing references oil heating, basement space, and multiple bedrooms and bathrooms across the home’s room mix.

Key Highlights

  • Five‑unit apartment building with 6,769 SF of finished space
  • Cap rate exceeding 13.5%
  • Lot size: 0.18 acres

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Electrical Service Hair Salon Pharmacy Grocery & Convenience Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

189
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit apartment building with 6,769 SF and a cap rate exceeding 13.5%, plus updates including a renovated largest unit.
Where is this apartment building located?
The property is located at 2 Depot Street 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: Five‑unit apartment building with 6,769 SF of finished space; Cap rate exceeding 13.5%; Lot size: 0.18 acres
More about this property
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