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Pleasant Street Apartments: 11 Units
For Sale
Contact for pricing
Pending

331 Pleasant St, Berlin, NH 03570

Well-maintained, fully occupied 11-unit apartment building in Berlin, New Hampshire.

Property Size7,838 SF
Days on Market152

Property Features for 331 Pleasant St

General Information

Standard status Pending
Size 7,838 SF
Property subtype Multifamily
Occupancy 100%
Net Operating Income $55,994

Building Details

Year Built 1900
Buildings 13
Stories 3
Units 11
Listing Agency: The Apartment King
Listed By: Christopher Minchin · License #BK3282270
Source: Crexi
Added: Mar 24 Changed: Aug 8 Last Checked: Aug 19 at 9:11PM

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 The Apartment King

Investment Insights

Based on property information with market context.

Pleasant Street Apartments is an 11-unit apartment building located in Berlin, New Hampshire. Constructed around 1900, the building features vinyl siding and concrete floors in the cellar. The electrical systems have been rewired, with circuit breaker panels in each apartment. The plumbing consists of cast iron, copper, and plastic. Each unit has electric heat with zoned thermostats, with costs paid by the tenants. The property benefits from a long-standing live-in property manager of 17 years. Recent insurance inspections reported no faults or required repairs. The property is currently operating at 100% occupancy, reflecting the demand for workforce housing in Berlin. The building has a total size of 7838 square feet.

Key Highlights

  • 100% Occupancy: Demonstrates strong demand and immediate income generation.
  • Well‑Maintained: Features vinyl siding, concrete cellar floors, and rewired electrical systems.
  • Long‑Standing Live‑In Property Manager: Ensures professional on‑site management and tenant relations.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Law Firm HVAC Service Skin Care Clinic Kitchen & Bath Showroom Restaurant

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

Location Intelligence

Trade Area within ½ mile

475
Businesses Nearby

Demographics for 03570, NH

9,429
Population
4,372
Households
2.2
Avg Household Size
45
Median Age
14%
College-Educated
85%
High-School Grad
137.4 sq mi
ZIP Area
69
Density / Sq Mi
$43,972
Median Household Income
$34,612
Median Earnings
$804
Median Rent
$113,500
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 - Well-maintained, fully occupied 11-unit apartment building in Berlin, New Hampshire.
Where is this apartment building located?
The property is located at 331 Pleasant St Berlin, NH.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 100% Occupancy: Demonstrates strong demand and immediate income generation.; Well‑Maintained: Features vinyl siding, concrete cellar floors, and rewired electrical systems.; Long‑Standing Live‑In Property Manager: Ensures professional on‑site management and tenant relations.
More about this property
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