87 Mechanic Street, Alstead, NH

Property Description

A residential income with New Hampshire roots, 87 Mechanic Street in Alstead dates to 1793 and lists at $399,000. The home provides 5,000 square feet of living space. As a multi-unit property it works two ways: live in one unit while the others pay the mortgage, or run the whole building as an investment. The numbers worth knowing: garage parking for 2 and roughly $80 per square foot. The full photo gallery, live pricing and every MLS detail for 87 Mechanic Street follow below.

Dreaming of riverfront living with income potential? This one-of-a-kind multi-family property overlooks the scenic Cold River, renowned for its excellent fishing opportunities. Rich in history, the building was originally a grist mill and has been thoughtfully converted into a three-unit multi-family property while preserving much of its original character. The first floor apartment is a beautifully updated one bedroom unit offering comfortable, modern living. The remainder of the first floor serves as an inviting common area featuring the building's stunning original brick walls, showcasing the property's historic charm. From this shared space, you'll find access to the expansive basement, ideal for storage or workshop space, as well as the staircase leading to the second-floor apartment. The second-floor apartment is truly exceptional, featuring soaring cathedral ceilings and original wide plank hardwood floors. The spacious layout includes a bedroom, full bath with laundry, and an open-concept living area with designated spaces for the kitchen, dining, living room, and a family room or home office. Two unique lofts, each with its own staircase, provide flexible space for sleeping, hobbies, or additional storage. A detached two-car garage offers plenty of room for vehicles along with a generous workshop area. Above the garage is a private one-bedroom apartment complete with its own entrance, a side deck, and a rear deck overlooking the picturesque Cold River the perfect place to relax and enjoy the peaceful waterfront setting. Whether you're looking for an investment property, multi-generational living, or a unique riverside retreat with rental income, this remarkable historic property in Alstead NH on 5 plus acres offers endless possibilities in a truly special location.

Location Highlights

87 Mechanic Street is a residential income in Alstead, New Hampshire, listed at $399,000. That works out to about $80 per square foot, for a home built in 1793. It has been on the market for 3 months.

At this latitude, Alstead averages roughly 8.4 hours of sun a day in June and 3.6 in December.

Source: zoned school names are PrimeMLS listing data; distances, sun exposure and school facts are Owl’s Nest Real Estate additions (school facts from the NCES, U.S. Department of Education) — not PrimeMLS data.

Property Details

Essentials & finishes