REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Andy Yau • RE/MAX Shoreline
$ 729,900
Est. payment /mo
Open 5/16 1PM-3PM
2 Depot & 27 Carroll ST Pittsfield, NH 03263
7 Beds
10 Baths
16,057 SqFt
Open House
Sat May 16, 1:00pm - 3:00pm
UPDATED:
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
