$399,000
 $2,142 est/mo Sourced by Back At You

87 Mechanic Street,Alstead, NH 03602

Alstead, NH 03602

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Description

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.

Details

MLS #5097930
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
Status(10) Active - Active
Year1793
Days On Site85
Listing Provided ByTraditions Real Estate LLC | Robin N Sanctuary

Features

Garage2
BasementY
Story(s)2
Units3
ZoningRURAL
Acreage5.20
Water FrontYes

Interior

Rooms Total0
CoolingNone
HeatingPropane, Oil, Hot Air
AppliancesElectric Water Heater, Propane Water Heater

Exterior

Exterior FeaturesGarden, Natural Shade, Outbuilding, Covered Porch
RoofAsphalt Shingle
Construction MaterialsPost and Beam, Brick Exterior
Foundation DetailsBrick/Mortar, Fieldstone
Lot FeaturesCountry Setting

Parking

Garage Yes / NoYes
Parking FeaturesDriveway, Parking Spaces 1 - 10

Utilities

UtilitiesCable Available
Electric200+ Amp Service, Circuit Breakers, On-Site
SewerConcrete, Leach Field On-Site, On-Site Septic Exists, Private Sewer

Taxes

Tax Annual Amount5779
Tax Assessed Value214200
Tax Block000
Tax Lot06
Tax Year2024

Area Information

StateNH
CountyCheshire
CityAlstead
Zip Code03602
AreaNH Cheshire
School DistrictFall Mountain Reg SD SAU #60
Listing VS Median (in 03602)
Price:
$399,000
low | high
Med:
$0
On site:
85
low | high
Med:
Sourced by Back At You

Market Activity 03602

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Learn More About This Property

StateNH
CountyCheshire
CityAlstead
Zip Code03602
AreaNH Cheshire
School DistrictFall Mountain Reg SD SAU #60
Listing VS Median (in 03602)
Price:
$399,000
low | high
Med:
$0
On site:
85
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $299K - $498K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
Lot 9-29 Murphy Hill Road Property Photo 1
$99,000
Lot 9-29 Murphy Hill Road
Alstead, NH 03602
Listing Updated: August 31, 2026 at 4:40:44 PM PDT