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4 Depot Street, Pittsfield, NH 03263
$550,000
4 Depot Street, Pittsfield, NH 03263View this property at 4 Depot Street, Pittsfield, NH 03263
4 Depot StreetPittsfieldNH03263
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Property Description
5 unit building in Downtown Pittsfield. 3 Units currently rented as residential. The 4th residential unit, a 3-bedroom apartment was recently vacated and freshened up for the next tenant. The 5th unit has received approval to convert from commercial space to a 2-3 bedroom residential. All tenants pay for their own heat, electricity, & cable. The owner pays for the town water and sewer, so owner expenses are quite low. Cap rate is 4.16%, with 2 units currently vacant. There has been ongoing maintenance and upgrades. Unit 2 was remodeled 1.5 years ago and again the past couple of weeks. Unit 5 was totally remodeled, barely a year ago. Outside drainage and new siding done. A new concrete floor in the basement. Individualized propane and hot water hookups. All tenants have a perfect on-time payment history. See attached income documents. Drake field, home to the locally famous hot air balloon festival, is just across the street. This property has been withdrawn since July. Please call agent to schedule showings.
Full Property Details
Full Property Details for 4 Depot St
General
- Sold For: $550,000
- Taxes: $6,000 (2023)
- Status: Closed
- Type: Multi-Family
- MLS ID: 4962102
- Added to Site: 283 day(s) ago
Location
- County: Merrimack
- Driving Directions: Follow GPS
School Information
- School District: Pittsfield
- Elementary School: Pittsfield Elementary
- Middle School: Pittsfield Middle School
- High School: Pittsfield High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Monitor Type
- Heating Fuel: Gas - LP/Bottle
- Water Heater: Electric, Separate
Utilities
- Sewer: Public
- Water: Included, Public
- Separate Meters: Yes
Structural Information
- Construction Status: Existing
- Construction: Wood Frame
- Exterior Const.: Wood Siding
- Basement: Yes
- Basement Entrance: Walkout
- Basement Desc.: Bulkhead, Crawlspace, Dirt Floor, No Tenant Access, Sump Pump, Exterior Access
- Roof: Membrane
- Stories/Levels: 2
- Finished Total: 6,726 Sq. Ft.
- Finished Above Grnd: 6,726 Sq. Ft.
- Year Built: 1851
Unit Information
- 1 Bedroom Units: 1
- 2 Bedroom Units: 2
- 3 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,356
- Frontage: Yes Road Frontage
- Frontage Feet: 68
- Street/Road Desc.: Paved, Public
- Driveway/Sidewalk: Gravel, Right-Of-Way (ROW)
- Zoning: 20- Commercial
- Lot Description: City Lot
Financial Considerations
- Price Per Sq. Ft.: $81.77
- Tax Amount: $6,000
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Lot Number: 110
Listed by KW Coastal and Lakes & Mountains Realty/Meredith, Jamie Holland and Aaron Dore
Sold by Realty One Group Next Level, Kerri. Quigley
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Schools
Schools serving 4 Depot St
School District:Pittsfield School District
Rating | Name | Grades | Distance |
---|---|---|---|
34 Bow St, Pittsfield, NH 03263 | PK-6 | 0.5 mi | |
23 Oneida St, Pittsfield, NH 03263 | 7-12 | 0.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4 Depot St
Date
Details
Price
Change
Source
3/04/2024
Sold
$550,000
—
MLS
7/20/2023
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4 Depot Street, Pittsfield, NH 03263 (MLS# 4962102) is a Multi-Family property that was sold at $550,000 on March 04, 2024. Want to learn more about 4 Depot Street? Do you have questions about finding other Multi-Family real estate for sale in Pittsfield? You can browse all Pittsfield real estate or contact a Coldwell Banker agent to request more information.