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$682,500
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Property Description
Exceptional investment opportunity just outside Pembroke's city center! This five-unit property offers an attractive addition to any portfolio or the potential for an owner-occupant seeking supplemental income. The building features a desirable mix of four one-bedroom units and one spacious three-bedroom unit, appealing to a wide range of tenants. Each residence offers bright, inviting living spaces with large windows that fill the interiors with natural light, spacious living rooms, functional eat-in kitchens, full bathrooms, and comfortable layouts designed for everyday living. Residents can also enjoy the large deck, providing additional outdoor space to relax and unwind. Each unit is separately metered for electric, heat, and hot water, while the landlord is responsible only for common electric and water expenses. Adding to the property's value, the heating systems and hot water tanks were replaced in 2023. Roof and decks were replaced in 2025. Conveniently located minutes from Route 3, shopping, dining, commuter routes, and local amenities, this property combines a prime location with strong income potential.
Full Property Details
Full Property Details for 194-196 Main St
General
- Sold For: $682,500
- Taxes: $13,364 (2025)
- Status: Closed
- Type: Commercial Multi-Family
- Source: PrimeMLS
- MLS ID: 5095025
- Added to Site: 111 day(s) ago
Parking
- Parking: Unpaved
Location
- County: Merrimack
- Driving Directions: Pembroke Street to Main Street
Heating & Cooling
- Cooling Type: None
- Heating Type: Radiator, Natural Gas
Utilities
- Sewer: Public
Structural Information
- Basement Entrance: Interior
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Square Feet: 8,159
- Finished Total: 3,664 Sq. Ft.
- Year Built: 1878
Unit Information
- Units in Building: 5
Lot Features
- Lot Size (Acres): 0.43
- Lot Size (Sq. Ft.): 18,731
- Frontage: TBD
- Zoning: B-1
Financial Considerations
- Price Per Sq. Ft.: $83.65
- Assessment Year: 2025
- Assessment Amount: $611,900
- Tax Amount: $13,364
- Tax Year: 2025
Disclosures and Reports
- Documents Avail.: Deed
Listed and Sold by Lamacchia Realty, Inc., Anthony Castellano
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Schools
Schools serving 194-196 Main St
School District:Pembroke School District, Pembroke, NH
| Name | Grades | Distance |
|---|---|---|
Three Rivers School 243 Academy Road, Pembroke, NH 03275 | 5-8 | 0.9 mi |
Pembroke Hill School 300 Belanger Drive, Pembroke, NH 03275 | K-4 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 194-196 Main St
Date
Details
Price
Change
Source
9/24/2026
Sold
$682,500
-19.71%
MLS
6/16/2026
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
194-196 Main Street, Pembroke, NH 03275 (MLS# 5095025) is a Commercial Multi-Family property that was sold at $682,500 on September 24, 2026. Want to learn more about 194-196 Main Street? Do you have questions about finding other Commercial Multi-Family real estate for sale in Pembroke? You can browse all Pembroke real estate or contact a Coldwell Banker agent to request more information.

