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
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DESCRIPTION
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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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ROOM INFORMATION
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| ROOM | SIZE | FLOOR |
| Total Rooms: | 10 | | | Total Baths: | 2 | | | Full Baths: | 2 | | | Total Bedrooms: | 5 | | |
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FEATURES AND DETAILS
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CONSTRUCTION: Vinyl Siding | Exterior Color White | Price Per SQ.FT. 218.21 | Year Built: 1907 |
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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
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Lot size: 0.27 acres Zoned: SFR Surveyed: Unk Flood Zone: Unknown Seasonal: No Garage And Parking:
Driveway: Paved
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| UTILITIES |
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SERVICES |
Heating: Propane | Forced Air | Heat Pump Cooling: Wall AC Units Electric: 200+ Amp Service | Circuit Breaker(s) |
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Utilities: Cable Available Water: Public Sewer: Public Fuel Company: Rymes |
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AREA INFORMATION
Docs Available : Deed | Property Disclosure Taxes $7,631 | Assesed Value $303,800 in 2024 |
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SCHOOLS
School District: Plymouth School District Elementary School: Plymouth Elementary School High School: Plymouth Regional High School |
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