14 Pleasant St, Plymouth, NH 03264

$499,000
5
BD
2
BA
2,745
SqFt

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Listing courtesy of Anthony Castellano from Lamacchia Realty, Inc.. ()

List Price
$499,000
Status
ACTIVE
MLS#
5084567
Price Change
▼ $30,000 1788916363
Property Type
Single Family Residence
Bedrooms
5
Bathrooms
2
Living Area
2,745
Lot Size
11,761
Acres
0.27
Year Built
1907

Property Description

Unlock immediate, proven passive income with this fully furnished, turn-of-the-century 5-bedroom Colonial located just steps from Plymouth State University and Plymouth’s vibrant downtown center. Operating as a high-performing rental with an established rent roll, this property delivers a stabilized NOI of $66,300 and an exceptional 10.2% CAP rate, priced $183,000 below its certified rebuild valuation of $832,000. Spanning 2,745 square feet across three levels with an additional 1,218 square foot unfinished basement, this residence also offers an oversized sixth room with immediate upside for extra income generation. Investors will appreciate the rare grandfathered legal non-conforming zoning advantage, fully verified by an FHA-certified appraiser and Plymouth Building Inspector. Best of all, over $110,000 in major capital improvements since 2022 mean the heavy lifting is done, featuring a full roof replacement, 200-amp electrical panel upgrade, 36 new energy-efficient windows, hyper heat pump systems, a new water heater, refinished hardwood floors, two renovated full baths, and a remodeled kitchen with stainless appliances. Classic architectural details, including original coffered ceilings, a corner fireplace, a sun-filled sunroom, and a quintessential farmer’s porch,bring timeless appeal, while the fenced yard with patio, fire pit, and newly paved driveway offer excellent outdoor living at the gateway to the Lakes Region and White Mountains.

Additional Information

Taxes
$7,631
Listing Agent
Anthony Castellano
Listing Office
Lamacchia Realty, Inc.
Style
Colonial
School District
Plymouth School District
Elementary School
Plymouth Elementary School
High School
PlymouthRe
Exterior Features
Partial Fence, Covered Porch
Interior Features
Ceiling Fans, Furnished, Kitchen/Dining, Natural Light, Walk-In Closet(s), First Floor Laundry, Attic
Electric
Service - 201 to 600 Amps, Circuit Breakers
Utilities
Cable Available
Basement
Concrete, Unfinished
Foundation
Fieldstone
Sewer
Public Sewer
Roof
Asphalt
Zoning
SFR
Water
Public

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