2 Depot & 27 Carroll ST, Pittsfield, NH 03263
2 Depot & 27 Carroll ST, Pittsfield, NH 03263
2 Depot & 27 Carroll ST, Pittsfield, NH 03263
2 Depot & 27 Carroll ST, Pittsfield, NH 03263
2 Depot & 27 Carroll ST, Pittsfield, NH 03263
2 Depot & 27 Carroll ST, Pittsfield, NH 03263
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Tim Cheney

Tim Cheney

+1(207) 200-3637
Listed by Andy Yau • RE/MAX Shoreline
$ 729,900
Est. payment | /mo

7 Beds

10 Baths

16,057 SqFt

Save
$ 729,900
Est. payment | /mo
Save

7 Beds

10 Baths

16,057 SqFt

Open House

Fri May 15, 4:00pm - 6:00pm

Sat May 16, 1:00pm - 3:00pm

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 16,057 sqft

Price per Sqft $45

MLS Listing ID 5088472

Bedrooms 7

Full Baths 10

Construction Status Existing

Year Built 1960

Lot Size 0.760 Acres

Acres 0.76

Property Description

4 separate lots packaged, and approximately 20,000 SF between two large buildings with potential for 27+ units. The vacant parcel can accommodate approximately 30 parking spaces, or future development opportunities. The package includes a well-maintained 5-unit building featuring 6,769 SF of finished space, a cap rate exceeding 13.5%, and strong long-term tenants already in place. Additional upside exists through potential subdivision and conversion of the commercial and unfinished areas, creating the possibility for 15+ total units. Recent updates include renovated kitchens and baths in select units, newer flooring, a young roof, and a highly efficient Buderus boiler. Also included is a massive 8,300+ SF mixed-use building that formerly operated as a popular pizza restaurant, with substantial restaurant equipment still in place including pizza ovens, fridges, and burners. The upper floors require renovation but offer substantial square footage with the potential for 9+ additional apartments, contributing to the combined 27+ unit potential. Located in the heart of downtown Pittsfield, tenants enjoy walkable access to shops, restaurants, and everyday conveniences, while nearby Drake Field and the Suncook River provide outdoor recreation. Concord is under 30 minutes away, with Boston and Portsmouth also within reach. Buyers to perform their own due diligence regarding approvals, permitted uses, parking requirements, and development potential. PRIVATE SHOWINGS Friday 4–6PM & Saturday 1–3PM.

Location

State NH

County Nh-merrimack

Area Nh-Merrimack

Zoning R2

Rooms

Basement Entrance Interior

Basement Crawl Space, Storage Space

Interior

Cooling None

Exterior

Utilities Available Cable Available

Roof Type Shingle

Building

Story 2

Sewer Public

Architectural Style Apartment Building, Multi-Family, w/Addition

Construction Status Existing

PrimeMLS
Tim Cheney

"My passion is learning the "why?" behind making a real estate move so together we can define your goals then achieve the best possible outcome!"

+1(207) 200-3637

tim@timcheneyrealtor.com

875 Greenland Rd Suite B9, Portsmouth, NH, 03801-4161, USA

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2 Depot & 27 Carroll ST