Well-maintained 4-unit multifamily property in a central Pittsfield location, directly abutting Drake Field and within walking distance to downtown amenities. The property consists of four residential units: a 3-bedroom, two 2-bedrooms, and a 1-bedroom. Several units feature private porches, and two units include in-unit washer/dryer. Interior features include a mix of original millwork and functional updates. Each unit is separately metered for electricity and hot water, helping to control operating expenses. Tenants pay for electricity, while the landlord covers oil heat, public water, and sewer. Two driveways provide 5-6 off-street parking spaces, adding convenience for tenants. Current monthly rents range from $1,725–$1,800 for the 2-bedroom units and ~$1,650 for the 1-bedroom units, generating ~$81,000 in annual gross income and ~$50,500 in net operating income. A large attached barn offers additional value-add potential. Buyers may explore the feasibility of converting this space into an additional unit or adding paid storage space, subject to town approvals. Conveniently located, the property is just minutes from Route 28 and has easy access to Concord (~20–25 minutes), Manchester (~40 minutes), and the Seacoast (~45 minutes). Whether you're looking to expand your portfolio or acquire a stable asset with upside potential, 17 Bridge Street presents a straightforward investment opportunity with both in-place cash flow and future value-add potential.
Features
8 bedrooms
4 bathrooms
6085 sq. ft. floor area
crop_free8276 sq. ft. lot size
cottageMulti-Family
Property history for 17 Bridge St
2023
Sold
$325,000
09 Feb 2023
2021
Sold
$280,000
29 Oct 2021 by Aaron Dore, of Keller Williams Lakes & Mountains Realty
2019
Sold
$198,900
27 Feb 2019 by Tami Mousseau, of BHHS Verani Concord
Happy sellers in Pittsfield
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Local market activity for 8 bedroom multi families in Pittsfield
Sold
For Sale
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