$1,350,000
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5 9 Merchant Street, Walpole, NH 03609

- Beds
0 Baths
11,690 Sq Ft

Excellent 14-Unit Investment Opportunity North Walpole, NH Discover a solid, income-producing property that checks all the boxes for both stability and future upside! These two side-by-side apartment buildings offer a total of 13 well-maintained units and a 14th unit to be finished. The owners have already completed updates in nearly every apartment, featuring modern kitchens, fresh paint, new flooring, and other thoughtful improvementsonly one unit remains ready for your finishing touch. With long-term attentive tenants, these buildings run smoothly and enjoy an excellent reputation in the neighborhood. Additional highlights include a one-car garage that can generate extra income and a huge unfinished area spanning two upper floorsperfect for adding a spacious new apartment or two smaller units. Current rents include some utilities, but with the individual meters that are already installed, theres potential to transition to tenant-paid utilities and further increase your net operating income. This is a turnkey investment with strong performance, proven stability, and clear pathways for growth.

  • MLS# 5069029
  • Date Listed11/07/2025
  • Days on Realty 24 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.33 acres (14,375 sq. ft)
  • Sewer Public Sewer
  • Property Type Multi Family
  • County NH-Cheshire
  • Year Built 1892
  • Water Public
  • Square Feet 11,690 sq. ft
  • Price Per Sq. Ft $115.48

Exterior / Lot Features

  • Roof Metal, Shingle
  • Lot Size Acres 0.33
  • Lot Size SQFT 14,375.00
  • Lot Features Level

Financial Considerations

  • Tax Amount $25,351
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in NH / 03609

Source: Walkscore

48/100

Car-Dependent

Walk Score ®

42/100

Bikable

Bike Score ®

Overview

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 5/100, Transit Score: 0/100, Bike Score: 8/100.

Property Change History

Property description updated with new details

Frequently Asked Questions for 5 9 Merchant Street

Source: Realty.com

5 9 Merchant Street, Walpole, NH 03609 is a Multi Family, Residential Income property listed for $1,350,000 The property is 11690 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 28 photos of 5 9 Merchant Street.

Our records indicate that 5 9 Merchant Street was built in 1892.

The full address for this home is 5 9 Merchant Street, Walpole, NH 03609.

5 9 Merchant Street has been listed on Realty.com since Fri November 07, 2025

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 5/100, Transit Score: 0/100, Bike Score: 8/100.

There are 3 schools assigned to this home. Check out the schools near 5 9 Merchant Street. Sarah Porter School (Grades: 1 - 4), Bellows Falls Middle School (Grades: 5 - 8), Bellows Falls Uhsd #27 (Grades: 9 - 12)

Listing provided courtesy of: Re/max Town & Country (tel: 603-357-4100)
Listing agent: Robert Inman (tel: 603-357-4100) (#16246)

This content last refreshed on 2025-12-01 23:29:38. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 5 9 Merchant Street, Walpole, NH 03609 : MLS# 5069029