Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mixed-Use Income Building with Retail Title is generated by Realmo AI

    4 Depot Street, Pittsfield, NH 03263

    View on Map
    Claim this Listing
    For Sale
    $700,000

    MULTI_FAMILY - Other - Pittsfield, NH

    Property size:
    6,726 SF
    Lot size:
    0.10 Acres
    Price / SF:
    $104/SF
    Added:
    Mar 19, 2026
    Days on Market:
    78
    Last Refresh:
    Jun 4 at 4:06 am

    Property Features for 4 Depot Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    COMMER
    Rooms
    Basement
    Standard status
    Active
    Size
    6,726 SF
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    9322

    Utilities

    Utilities
    Propane
    Heating system
    Propane (Heating)
    Water source
    Public

    Building Details

    Year built
    1851
    Floors in Building
    2
    Number of units
    5
    Building materials
    Wood Frame
    Roof type
    Membrane
    Architectural style
    Other

    We can help!

    Listing Contact
    Todd Koss

    Listing agent Todd Koss

    Listing office Realty One Group Next Level 40 Harvey Rd, Bedford, NH

    Listing date Mar 19, 2026

    MLS# 5080025 Listing URL

    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.

    HighLights

    • Downtown Pittsfield mixed‑use property with 4 residential units and 1 commercial unit
    • Year built 1851; wood frame construction
    • Propane heating and utilities; tenants pay for their own heat and electric
    • Each unit has its own propane and hot water hookups
    • Water source: public water
    • Roof: membrane

    Overview

    This for-sale income property at 4 Depot Street includes a total of 5 units: four residential units and one commercial unit. The property has seen recent upgrades, and utilities are handled directly by the tenants, with each unit responsible for its own heat and electric. The units have their own propane and hot water hookups, which can simplify billing and reduce landlord utility management.

    Located in downtown Pittsfield, the building is set up as a mixed-use asset under COMMER zoning. Showings require advance scheduling, with a 48-hour notice requirement.

    For prospective owners, the combination of residential income and an on-site commercial unit may support a diversified operating profile within a single property. The individual utility arrangement, including propane and hot water hookups, is a practical feature for tenants and an operational consideration for new operators evaluating a small mixed-use building in downtown Pittsfield.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Pittsfield
    County
    Merrimack
    State
    New Hampshire
    Longitude
    -71.325002
    Latitude
    43.305701

    Nearby Similar for Sale

    • $729,900
      16,057 SF

      Multifamily Property with Mixed-Use Building

      Packaged multifamily portfolio with a renovated 5-unit building and a large mixed-use structure, plus development parking potential.
      2 Depot & 27 Carroll Street, Pittsfield, NH 03263
      View Details
    • $250,000
      8,300 SF

      Mixed-Use Building with Restaurant Equipment

      Large building with restaurant equipment and development potential.
      27 Carroll Street, Pittsfield, NH 03263
      View Details
    • $999,000
      3,800 SF

      Versatile Multi-Family Property, Pittsfield

      4-acre property with multi-unit home, barn, and commercial zoning.
      79 High Street, Pittsfield, NH 03263
      View Details
    • $250,000
      8,300 SF

      Restaurant-Equipped Mixed-Use Building

      Mixed-use property with retained pizza restaurant equipment, a ground-floor commercial unit, and upper-floor space suited for apartments.
      27 Carroll Street, Pittsfield, NH 03263
      View Details
    • $479,900
      6,769 SF

      5-Unit Multifamily Building

      Well-maintained 5-unit property with updated interiors and additional space for possible residential conversion.
      2 Depot Street, Pittsfield, NH 03263
      View Details
    • $539,000
      3,800 SF

      Fully Occupied Multifamily Investment Property

      Five-unit multifamily property with stable occupancy and convenient location.
      22 Concord Hill Road, Pittsfield, NH 03263
      View Details
    • $999,000

      Pittsfield Mixed-Use Commercial Opportunity

      4-acre parcel with mixed-use property and development potential.
      79 High Street, Pittsfield, NH 03263
      View Details
    • $425,000
      2,162 SF

      Well-Maintained Multi-Family Property

      A well-maintained multi-family asset with practical unit layouts and convenient central access in Pittsfield.
      14 Chestnut Street, Pittsfield, NH 03263
      View Details
    • $539,000

      Multifamily Investment Opportunity in Pittsfield

      Fully occupied 5-unit multifamily property with stable income and river views.
      22 Concord Hill Road, Pittsfield, NH 03263
      View Details
    • $1,125,000
      7,193 SF

      Pittsfield Office Building For Sale

      Exceptional property suitable for various uses in Pittsfield, NH.
      16 Concord Hill Rd, Pittsfield, NH
      View Details
    • $750,000

      Downtown Pittsfield Income Property

      Mixed-use property with residential and commercial units in Pittsfield.
      4 Depot St, Pittsfield, NH 03263
      View Details
    • $2,715,000
      28,047 SF

      Industrial Building for Sale/Lease

      28,047± SF industrial building suitable for warehouse or manufacturing.
      31 Barnstead Rd, Pittsfield, NH
      View Details

    FAQs

    What type of property is this?
    Apartment building - Downtown Pittsfield mixed-use building includes four residential units and one commercial unit with individual heat and electric.
    Where is this apartment building located?
    The property is located at 4 Depot Street Pittsfield, NH.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: Downtown Pittsfield mixed‑use property with 4 residential units and 1 commercial unit; Year built 1851; wood frame construction; Propane heating and utilities; tenants pay for their own heat and electric
    (603) 389-6604
    We can help!
    Listing Contact
    Todd Koss
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4 Depot Street, Pittsfield, NH 03263
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!