8 Depot St - Apartments FOR SALE


Pittsfield, NH 03263
$1,195,000 USD
603-431-1111
8 Depot St, Pittsfield, NH for Sale
$1,195,000 USD
Apartments - FOR SALE
1/78
null | Request Cap Rate

8 Depot St
Pittsfield, NH 03263


HIGHLIGHTS

  • Like brand new! Completely renovated from the studs in 2024
  • Comes with 8 Franklin St, an approved buildable lot with a foundation, paved lot & w/s/electric on street
  • Brick 6 unit completely renovated throughout with potential 13%+ CoC return
  • New Kitchen, New Bathroom, New electric, New Plumbing, New Heating, New Sheetrock, New Roof, New Siding, New Insulation, New everything

OVERVIEW

Two parcels: 1 featuring a fully renovated 6-unit brick building, and another with a ready-to-build foundation. The stunning brick building has been incredibly transformed from the studs up with brand-new everything in 2024 from the sheetrock walls to the ceilings. Prepare to be captivated by the stunning curb appeal, featuring a revitalized exterior brick facade, sleek new siding, and a bold new gable roof. The new roof replaced the flat roof elevating its architectural charm. The new wide expansive windows invites abundant natural light, while the stylish black-framed doors add a nice contemporary touch. The upgrades extend to the mechanical systems, including new electrical wiring with recessed lighting, efficient mini-split heating, and professionally designed plumbing. Step inside to explore beautifully redesigned units featuring fully updated bathrooms, kitchens with stainless steel appliances, and premium flooring. Each unit showcases contemporary design with high ceilings, open-concept layouts, and character from stylish brick backsplash accents. Tenants love the newly built back decks, ideal for relaxing on summer days. The property features ample parking in the rear, fully paved with newly marked lines. The building is equipped with a new sprinkler&fire alarm system. There is nothing to do than to collect income with a potential ~9% cap rate, and 13.12% CoC return. The 2nd parcel is approved for either a single or a duplex with 1 BRs. showings Sat May 10 & 12

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$239 USD /SF

# OF UNITS

6

PRICE/UNIT

$199,167

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8 Depot St, Pittsfield, NH

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1918

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

commer

APN/PARCEL ID

PTFD-000003-000000-000112-U000000

ASK ABOUT THIS PROPERTY

Andy YauRe/Max ShorelineMore Info
603-431-1111

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Andy YauRe/Max ShorelineMore Info
603-431-1111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.