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Matthew Costantino

matthew@costantinorealestate.com +1(603) 733-8421

Listed by Anthony Castellano • Lamacchia Realty, Inc.

$ 649,000

Est. payment -/mo

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Open Sat 10:30AM-12:30PM

14 Pleasant ST Plymouth, NH 03264

5 Beds

2 Baths

2,745 SqFt

Open House

Sat Apr 25, 10:30am - 12:30pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,745 sqft

Price per Sqft $236

MLS Listing ID 5084567

Style Colonial

Bedrooms 5

Full Baths 2

Construction Status Existing

Year Built 1907

Annual Tax Amount $7,631

Tax Year 2024

Lot Size 0.270 Acres

Acres 0.27

Property Sub-Type Single Family

Property 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.

Location

State NH

County Nh-grafton

Area Nh-Grafton

Zoning SFR

Rooms

Basement Entrance Interior

Basement Concrete Floor, Unfinished

Interior

Heating Propane, Forced Air, Heat Pump

Cooling Wall AC Units

Flooring Carpet, Hardwood, Tile

Exterior

Parking Features Yes

Garage Spaces 3.0

Utilities Available Cable Available

Roof Type Asphalt Shingle

Building

Lot Description City Lot, Sidewalks

Story 3

Sewer Public

Water Public

Architectural Style Colonial

Construction Status Existing

Schools

Elementary Schools Plymouth Elementary School

High Schools Plymouth Regional High School

School District Plymouth School District

Others

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Matthew Costantino

Agent | License ID: 081405

+1(603) 733-8421

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Matthew Costantino

14 Pleasant ST Plymouth, NH 03264

Open House

Key Details

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Rooms

Interior

Exterior

Building

Schools

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14 Pleasant ST