14 Pleasant Street, Plymouth, NH 03264
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
Listed by: anthony castellano
Office: lamacchia realty, inc.603-791-4992
MLS#:5084567
Source:PrimeMLS
Price summary
- Price:$499,000
- Price per sq. ft.:$125.91
About this home
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....
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Home facts
- Year built:1907
- Listing ID #:5084567
- Added:153 day(s) ago
- Updated:September 22, 2026 at 10:32 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:10
- Flooring:Carpet, Hardwood, Tile
- Kitchen Description:Dishwasher, Disposal, Microwave, Refrigerator
- Basement Description:Concrete Floor, Interior, Unfinished
- Living area:2,745 sq. ft.
Heating and cooling
- Cooling:Wall AC
- Heating:Forced Air, Heat Pump
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1907
- Building area:2,745 sq. ft.
- Lot area:0.27 Acres
- Levels:3 Story
Schools
- High school:Plymouth Regional High School
- Elementary school:Plymouth Elementary School
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$499,000
- Price per sq. ft.:$125.91
- Tax amount:$7,631 (2024)
Features and amenities
- Appliances:Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Circuit Breaker(s)
Parking
- Parking description:Paved Driveway
- Garage spaces:3
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