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Four-Unit Multifamily Property

20 Pine Street Woodsville, NH 03785

20 Pine Street, Woodsville, NH, 03785
$355,000
For Sale
$355,000

Four-unit residential income property in Woodsville village with an attached single-bay barn/garage.

Property Size3,563 SF
Price / SF$99.64
Days on Market253

Property Features for 20 Pine Street

General Information

Standard status
Active
Size
3,563 SF
Property subtype
Multi Family

Building Details

Year Built
1915
Listing agency Four Seasons Sotheby's Int'l Realty
Listed by Darren Sherburne
Source Compass
Added: Nov 12, 2025 Updated: Jul 22 at 10:37PM Checked: Jul 22 at 10:37PM

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 Four Seasons Sotheby's Int'l Realty


Investment Insights

Based on property information with market context.

This four-unit multifamily property is currently arranged with one unit on the first floor that is owner occupied, and three additional units on the second and top floors. The first-floor unit includes laundry facilities, spacious rooms, and a covered porch. The second floor has two units: one unit is described as potentially able to be blended back with the first-floor layout, while the other is fully separated from the remainder of the home. The highest-level unit is accessed from the same access as the separate unit and offers room for improvement or revision.

An attached barn/garage provides a single bay for a vehicle or barn use. The property is located within Woodsville village, with proximity to shops, restaurants, schools, and commuting in all directions.

The overall structure is a four-unit residential building with an attached barn/garage, presenting options for a similar use, additional configuration, or future improvements based on the existing layout described.

Key Highlights

  • Four‑unit residential income property in Woodsville village with an attached single‑bay barn/garage
  • Owner‑occupied first‑floor unit plus three additional units (two on the second floor and one on the top floor)
  • Unfinished basement with interior access plus exterior access; dirt floor basement

Local Financial Insights For Apartment 5plus

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 $62.0k $17.40
− Vacancy −$3.1k −$0.87
EGI $58.9k $16.53
− OpEx −$26.5k −$7.44
NOI $32.4k $9.09
3,563 SF · lease $17.40/SF/yr · vacancy 5.00% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$505.1K
$441.9K – $589.2K (±1% cap)
NOI $35,354 @ 7.0% cap · market cap 9.96%
Second Best
Apartment 5plus
$462.8K
$404.9K – $539.9K (±1% cap)
NOI $32,393 @ 7.0% cap · market cap 9.12%
Theoretical Best
Office A
$783.8K
$685.8K – $914.4K (±1% cap)
NOI $54,863 @ 7.0% cap · market cap 15.45%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Department Store

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

FAQs

What type of property is this?
Quadplex - Four-unit residential income property in Woodsville village with an attached single-bay barn/garage.
Where is this quadplex located?
The property is located at 20 Pine Street Woodsville, NH.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: Four‑unit residential income property in Woodsville village with an attached single‑bay barn/garage; Owner‑occupied first‑floor unit plus three additional units (two on the second floor and one on the top floor); Unfinished basement with interior access plus exterior access; dirt floor basement
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