$435,000

87 Mechanic St Alstead, NH 03602

Estimated payment $2,873/month

Total Views 12,364
-- Bed
-- Bath
5,000 Sq Ft
$87 Price per Sq Ft

Highlights

  • Water Access
  • Post and Beam
  • Covered Patio or Porch
  • River Front
  • Wood Flooring
  • Garden

About This Home

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.

Listing Agent

Robin Sanctuary

Traditions Real Estate LLC Brokerage Phone: 603-313-9165 License #068769 Listed on: 07/02/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,779

Year Built

  • Built in 1793

Lot Details

  • 5.2 Acre Lot
  • River Front
  • Property fronts a private road
  • Garden
  • Historic Home

Parking

  • 2 Car Garage
  • Gravel Driveway
  • 1 to 5 Parking Spaces

Home Design

  • Post and Beam
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Property has 2 Levels
  • Wood Flooring
  • Water Views

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Dirt Floor

Outdoor Features

  • Water Access
  • Nearby Water Access
  • Covered Patio or Porch
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Separate Meters
  • 200+ Amp Service
  • Private Water Source
  • Drilled Well
  • Propane Water Heater
  • Septic Tank
  • Private Sewer
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 06
  • Assessor Parcel Number 010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,779

Year Built

Built in 1793

Lot Details

5.2 Acres

Parking

2

Listing Details

  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1793
  • Display On Internet: Cable Internet,Fiber Optic Internet
  • Architectural Style: Historic Vintage
  • ResoLotFeatures: Country Setting, River Frontage
  • Road Frontage Type: Paved, Public
  • Attribution Contact: Cell: 603-313-9165
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 5000.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: Unknown
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Water_Body_Access: Yes
  • Water_Body_Type: River
  • Water_View: Yes
  • Water_Access_Details: Directly Adjoining
  • Basement_Access_Type: Interior
  • Separate_Utilities: Yes
  • Total_Finished_Area: 5000
  • Total_Area: 6444
  • Above_Grade_Unfinished_Area: 0
  • Below_Grade_Unfinished_Area: 1444
  • Below_Grade_Unfinished_Area_Source: Public Records
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater, Propane Water Heater
  • Flooring: Hardwood
  • Basement: Dirt Floor, Full, Basement Stairs
  • Basement YN: Yes

Exterior Features

  • Driveway: Gravel
  • Exterior Features: Garden, Natural Shade, Outbuilding, Covered Porch
  • Roof: Asphalt Shingle
  • Water Body Name: Cold River
  • Construction Type: Post and Beam, Brick Exterior
  • Waterfront: Yes
  • Foundation Details: Brick/Mortar, Fieldstone

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Driveway, Parking Spaces 1 - 10

Utilities

  • Electric: 200+ Amp Service, Circuit Breakers, On-Site
  • Sewer: Concrete, Leach Field On-Site, On-Site Septic Exists, Private Sewer
  • Heating: Propane, Oil, Hot Air
  • Cooling: None
  • Utilities: Cable Available
  • Water Source: Drilled Well, Private

Lot Info

  • Surveyed: Unknown
  • Zoning: RURAL
  • Lot Size Acres: 5.2
  • Lot Size Sq Ft: 226512.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5779.0
  • Tax Block: 000
  • Tax Lot: 06
  • Tax Map Number: 010

Multi Family

  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 3

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/13/2026 07/13/26 Off Market $435,000 -- --
07/08/2026 07/08/26 Off Market $435,000 -- --
07/06/2026 07/06/26 For Sale $435,000 0.0% $87 / Sq Ft
07/02/2026 07/02/26 For Sale $435,000 -- $87 / Sq Ft
Source: PrimeMLS

About the Listing Agent

Robin Sanctuary

Traditions Real Estate LLC

(855) 761-0862

Section Image

Grew up working in family-owned, Walpole Village Store. Was active in 4-H, attended local schools, and graduated from UNH. While raising and homeschooling her five children, Robin started a Pampered Chef business which she operated for 20 years, earning “Top Performing Consultant” for eight years, earning many trips here and abroad. Feels blessed to have her children, grandchildren, and extended families living and working in local communities. Is involved in the local church, and loves

Robin's Other Listings

  • 138 Village Rd, Langdon, NH 03602

    $235,000 $25K PRICE DROP

    • 2 Beds
    • 1 Bath
    • 980 Sq Ft
    • 138 Village Rd
    • Langdon, NH

    Sweet Retreat has it all! This 2-bedroom Cape sitting on 0.75 acres in Langdon, NH has charm, and appeal. The home features updated windows and electrical panel, a cozy wood stove & fireplace. The living room offers a fireplace on the reverse side of the wood stove chimney, creating a warm and inviting gathering space.Wood floors add character throughout, and a full bath is conveniently

    Robin Sanctuary Traditions Real Estate LLC

    Section Image
  • 124 Washington Pond Rd, Marlow, NH 03456

    $315,000 Under Contract

    • 2 Beds
    • 1.5 Baths
    • 1,393 Sq Ft
    • 124 Washington Pond Rd
    • Marlow, NH

    Charming historic home set on nearly 2 landscaped acres, offering the character of an older home in a more manageable size. Beautiful original woodwork and established perennial gardens add to its timeless appeal. Enter through the inviting side porch into the kitchen, which flows into the dining room featuring a cozy sitting area with a pellet stove. Off this area is a half bath with washer. The

    Robin Sanctuary Traditions Real Estate LLC

    Section Image
  • 55 River St, Alstead, NH 03602

    $285,000 Sold Apr 29, 2026

    • 3 Beds
    • 1 Bath
    • 960 Sq Ft
    • 55 River St
    • Alstead, NH

    Welcome home to this charming three-bedroom, one-bath property that truly has it all! Situated on over an acre of level land, this home offers large front and back yards—perfect for outdoor gatherings, gardening, or simply enjoying the open space. Adding to the appeal is river frontage, ideal for cooling off on warm summer days or taking peaceful strolls along the riverbank.Inside, you’ll

    Robin Sanctuary Traditions Real Estate LLC

  • 178 Holden Hill Rd, Langdon, NH 03602

    $505,000 Sold Jul 14, 2026

    • 3 Beds
    • 2 Baths
    • 1,788 Sq Ft
    • 178 Holden Hill Rd
    • Langdon, NH

    Country Living at Its Finest 7.9 Acres in Langdon, NHEscape to the tranquility of the New Hampshire countryside with this charming 3 bedroom, 2-bath home situated on 7.9 picturesque acres in beautiful Langdon. Surrounded by open fields and scenic views, this property offers the perfect blend of privacy, space, and rural charm.Inside, you'll find a flexible floor plan featuring 3–4

    Robin Sanctuary Traditions Real Estate LLC

  • 188 Upper Walpole Rd, Walpole, NH 03608

    $310,000 Sold Aug 29, 2025

    • 3 Beds
    • 1 Bath
    • 1,115 Sq Ft
    • 188 Upper Walpole Rd
    • Walpole, NH

    Take look at this property with this price adjustment from motivated Seller! This sweet antique farmhouse with new heating system, metal roof, and lovely barn on a level, organic, 3 acre lot in Walpole, NH. Would make a great place for your horse! 2 acres of open field! Tillable has been used for crops.Large eat-in kitchen over looks side porch. Living room offers sun filled bay

    Robin Sanctuary Traditions Real Estate LLC

  • 33 Dearborn Cir, Walpole, NH 03608

    $399,000 Sold Jan 08, 2026

    • 3 Beds
    • 2 Baths
    • 1,192 Sq Ft
    • 33 Dearborn Cir
    • Walpole, NH

    Charming 3-Bedroom Home with Hardwood Floors and Fenced Yard in Walpole, NH.This lovely 3-bedroom, 13⁄4-bath home featuring beautiful hardwood floors throughout most of the living space in a much desired neighborhood. The inviting eat-in kitchen offers a sliding door that open to a spacious deck overlooking the fenced backyard—perfect for entertaining, managing the 4 footed friends or

    Robin Sanctuary Traditions Real Estate LLC

  • 34 Center St, North Walpole, NH 03609

    $285,000 Sold Aug 13, 2026

    • 3,259 Sq Ft
    • 34 Center St
    • North Walpole, NH

    Charming 2 unit New Englander located in the village of North Walpole which is convenient for commuting being close to I91, 30 min to Keene or Claremont.Each unit has separate heat, electric, hot water.Both units have 2 bedrooms, 1 full bath, eat in kitchen, laundry hook up, period built ins, spacious light filled rooms and porch entrances.Side porch is two story, great place to hang

    Robin Sanctuary Traditions Real Estate LLC

  • 9 Rogers St, Walpole, NH 03608

    $415,000 Sold Jul 01, 2026

    • 3 Beds
    • 2 Baths
    • 2,592 Sq Ft
    • 9 Rogers St
    • Walpole, NH

    Charming Walpole, NH Village Home with Room to GrowWelcome to this spacious and inviting home, perfect for those seeking character, light filled rooms in living spaces, and located in easy walking distance to town amenities.The first floor offers a large living room with a cozy wood stove corner, a generous dining room, a kitchen with laundry with a breakfast nook around the corner. A

    Robin Sanctuary Traditions Real Estate LLC

  • 1122 County Rd, Walpole, NH 03608

    $320,000 Sold Oct 10, 2025

    • 3 Beds
    • 2 Baths
    • 1,456 Sq Ft
    • 1122 County Rd
    • Walpole, NH

    3-Bedroom Ranch on 6+ Acres – Great Location between Keene & Walpole, NHThis 3-bedroom, 2-bath ranch sits on over 6 acres of land, offering privacy and plenty of room to enjoy the outdoors. Located just minutes from Keene and Walpole, it provides easy access to shopping, schools, and restaurants while maintaining a peaceful country setting.The home features a semi-open floor plan.

    Robin Sanctuary Traditions Real Estate LLC

Source: PrimeMLS

MLS Number: 5097930

PrimeMLS
Your Personal Tour Guide

Ask me questions while you tour the home.