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    Two-Building Apartment Investment Title is generated by Realmo AI

    5 - 9 Merchant Street, Walpole, NH 03609

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    Claim this Listing
    For Sale
    Under Contract
    $1,250,000

    MULTI_FAMILY - Other - Walpole, NH

    Property size:
    11,690 SF
    Lot size:
    0.33 Acres
    Price / SF:
    $106/SF
    Added:
    Nov 7, 2025
    Days on Market:
    216
    Last Refresh:
    Jun 11 at 9:06 pm

    Property Features for 5 - 9 Merchant Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    residential
    Rooms
    Basement
    Standard status
    Active Under Contract
    Size
    11,690 SF
    Lot size
    0.33 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    25351

    Utilities

    Heating system
    Propane (Heating)
    Water source
    Public

    Building Details

    Year built
    1892
    Floors in Building
    3
    Number of units
    14
    Building materials
    Wood Frame
    Roof type
    Shingle, Metal
    Architectural style
    Other

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    Listing Contact
    Robert Inman

    Listing agent Robert Inman License #7535

    Listing office RE/MAX Town & Country 117 West St., Keene, NH

    Listing date Nov 7, 2025

    MLS# 5069029 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

    • Two side‑by‑side apartment buildings in North Walpole, NH with a total of 13 units plus a 14th unit to be finished
    • Year built 1892; wood‑frame construction
    • Most apartments have been updated with modern kitchens, fresh paint, and new flooring; 1 unit remains to be finished
    • Public water and propane heating; roof includes shingle and metal
    • Separate meters already installed to support switching utilities to tenant‑paid
    • One‑car garage plus a huge unfinished area across two upper floors for potential additional apartments

    Overview

    The property consists of two side-by-side apartment buildings offering a total of 13 finished units, along with a 14th unit that is in progress and ready for completion. The owners have completed updates in nearly every apartment, including modern kitchens, fresh paint, and new flooring, with one unit still available for finishing work. The buildings also include an unfinished area spanning two upper floors, which could be used to create additional apartment space, subject to completion and permitting requirements.

    The asset is located at 5–9 Merchant Street in Walpole, New Hampshire, on a residential-zoned site. A one-car garage is also included as part of the property improvements. The listing notes that current rent structures include some utilities, and that individual meters are already installed, which may allow utilities to be transitioned to tenant-paid service.

    This is a practical fit for investors or operators seeking a multi-unit residential property with a mix of completed apartments and additional space that can be brought online. With most units already updated, the remaining work is concentrated in the unfinished 14th unit and the larger upper-floor area, allowing a buyer to scope execution based on their preferred unit mix and timeline.
    Property Profile Location Intelligence

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    Apartment buildings

    Map

    City
    Walpole
    County
    Cheshire
    State
    New Hampshire
    Longitude
    -72.4475831
    Latitude
    43.1405572

    FAQs

    What type of property is this?
    Apartment building - Side-by-side apartment buildings totaling 13 finished units with a 14th unit and additional unfinished space.
    Where is this apartment building located?
    The property is located at 5 - 9 Merchant Street Walpole, NH.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Two side‑by‑side apartment buildings in North Walpole, NH with a total of 13 units plus a 14th unit to be finished; Year built 1892; wood‑frame construction; Most apartments have been updated with modern kitchens, fresh paint, and new flooring; 1 unit remains to be finished
    More about this property
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