$435,000

87 Mechanic St Alstead, NH 03602

Estimated payment $2,818/month

-- 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: Brick Exterior, Post and Beam
  • 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, Private Sewer, On-Site Septic Exists
  • 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

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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
07/02/2026 07/02/26 For Sale $435,000 -- $87 / Sq Ft
Source: PrimeMLS

About the Listing Agent

Robin Sanctuary

Traditions Real Estate LLC

(866) 834-9064

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

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Source: PrimeMLS

MLS Number: 5097930

PrimeMLS
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