$599,000 ($156.15 per sqft)

Est. Mortgage $2,873/mo *

Quick Pre-Approval

Listing courtesy of Nick Gray, Gray Property Group, LLC 603-637-4812


17 Bridge Street, Pittsfield, NH, 03263

17 Bridge Street, Pittsfield, NH, 03263

19 rooms

8 beds

4 Full baths

1900

Apartment Building

3,836 sqft

Well-maintained 4-unit multifamily property in a central Pittsfield location, directly abutting Drake Field and within walking distance to downtown amenities. The property consists of four residential units: a 3-bedroom, two 2-bedrooms, and a 1-bedroom. Several units feature private porches, and two units include in-unit washer/dryer. Interior features include a mix of original millwork and functional updates. Each unit is separately metered for electricity and hot water, helping to control operating expenses. Tenants pay for electricity, while the landlord covers oil heat, public water, and sewer. Two driveways provide 5-6 off-street parking spaces, adding convenience for tenants. Current monthly rents range from $1,725–$1,800 for the 2-bedroom units and ~$1,650 for the 1-bedroom units, generating ~$81,000 in annual gross income and ~$50,500 in net operating income. A large attached barn offers additional value-add potential. Buyers may explore the feasibility of converting this space into an additional unit or adding paid storage space, subject to town approvals. Conveniently located, the property is just minutes from Route 28 and has easy access to Concord (~20–25 minutes), Manchester (~40 minutes), and the Seacoast (~45 minutes). Whether you're looking to expand your portfolio or acquire a stable asset with upside potential, 17 Bridge Street presents a straightforward investment opportunity with both in-place cash flow and future value-add potential.


Status:

Active

Type:

Multi-family

Units:

4

Zoning:

Urban (U)

Frontage:

175

Heating:

Oil, Hot Water, Boiler

Cooling:

None

Basement:

Concrete Floor, Unfinished

Acreage:

0.19

Est. Taxes:

$8,215

Lot Description:

Corner,Landscaped,Level,In Town

MLS #:

5082020


Community Info

School Info

Walk Score

Mass Transit

Yelp