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Price Change! reduced by $50,000 down 8% on June 4th 2026
$599,000 | $218 per sq.ft.
| 2745 sq.ft. 5 Bedroom | 2 Bathroom | 3 Story Single Family Home , in Plymouth NHMLS# 5084567



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Listed by Anthony Castellano Lamacchia Realty, Inc. on April 21st 2026


14 Pleasant Street Plymouth NH 03264


DESCRIPTION


Assumable FHA loan at 3.5% on ~$254K -- saving the buyer $466 per month, over $167,000 in interest over the life of the loan. This fully furnished, turnkey income-producing colonial sits right around the corner from Plymouth State University and the charming town center, nestled at the gateway to the White Mountains and Lakes Region. Currently operating as a proven student and young professional rental with an established rent roll, this expansive 5-bedroom, 2 full bath 1907 colonial offers 2,745 sq ft across three floors plus a 1,218 sq ft unfinished basement on 0.27 acres. Original coffered ceilings, corner fireplace, a light-filled sun-room and classic farmer's porch round out a property that is as livable as it is lucrative. Over $110,000 in documented capital improvements since 2022: full roof replacement; 200-amp panel upgrade; 36 new energy efficient windows; comprehensive kitchen remodel including new stainless appliances; two hyper heat pump systems; new water heater; two updated full bathrooms; refinished hardwood floors; fenced yard with patio and fire pit; newly paved driveway. A rare zoning advantage -- grandfathered legal nonconforming use confirmed by FHA-certified appraiser and Plymouth Building Inspector in 2022. With a stabilized NOI of $66,300 and a 10.2% CAP rate, this home is priced $183K below the certified rebuild cost of $832K. The detached 3-car garage and unfinished basement each represent potential significant ADU conversion opportunities -- with the ability to expand into a multi-unit income asset, subject to permitting. 1031 exchange and investor inquiries welcome.

Internet service : Cable Internet
Flooring: Carpet | Hardwood | Tile
Appliances : Dishwasher | Disposal | Dryer | Microwave | Electric Range | Refrigerator | Washer | Tank Water Heater
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Phone:603-542-5188
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ROOM INFORMATION

ROOM SIZE FLOOR
Total Rooms: 10
Total Baths: 2
Full Baths: 2
Total Bedrooms: 5
ROOM SIZE FLOOR


FEATURES AND DETAILS

CONSTRUCTION:
Vinyl Siding | Exterior Color White | Price Per SQ.FT. 218.21 | Year Built: 1907
LAND DESCRIPTION:
City Lot | Sidewalks
Style: Colonial
Livable Space: 2745
Above Grade Sq.Ft.: 2745
Below Grade Sq.Ft.: 0
Apx Below Grade Unfinished Sq.Ft.: 1218
Basement Access:
Basement: Concrete Floor | Unfinished
Roof: Asphalt Shingle
Lot size: 0.27 acres
Zoned: SFR
Surveyed: Unk
Flood Zone: Unknown
Seasonal: No
Garage And Parking:

Driveway: Paved

UTILITIES SERVICES
Heating: Propane | Forced Air | Heat Pump
Cooling: Wall AC Units
Electric: 200+ Amp Service | Circuit Breaker(s)
Utilities: Cable Available
Water: Public
Sewer: Public
Fuel Company: Rymes

AREA INFORMATION

Docs Available : Deed | Property Disclosure
Taxes $7,631  | Assesed Value $303,800 in 2024

 


SCHOOLS

School District: Plymouth School District
Elementary School: Plymouth Elementary School
High School: Plymouth Regional High School