87 Mechanic St

Alstead, NH 03602

$435,000
Price
4
Beds
3
Baths
5,000 Sq. Ft.
$87 / Sq. Ft.
5,000
Sq. Ft.
$87
per Sq. Ft.
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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...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.
  1. Listed by Robin Sanctuary • Traditions Real Estate LLC • Cell: 603-313-9165

Property Details for 87 Mechanic Street

Water Body Type
River
Water View
Yes
Waterfront Property
Yes
Zoning
RURAL
LISTING UPDATED: 07/02/2026 08:53 PM

Property Details for 87 Mechanic Street

StatusActive
MLS #5097930
Days on Market1
Taxes$5,779 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1793
Lot Size5.20 AC / 226,512 SF
CountyCheshire County
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Location

Listing Courtesy of Traditions Real Estate LLC
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Building Information for 87 Mechanic Street

Stories2Residences3Year Built1793Building Size-Lot Size5.20 AC / 226,512 SF

Payment Calculator

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$2,649 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,168

Property Taxes

$482

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 87 Mechanic Street

Summary
Location and General Information
  • City: Alstead
  • County: NH-Cheshire
  • Latitude: 43.150628000000999
  • Longitude: -72.353344000000007
  • Road Frontage: Yes
  • Seasonal: No
  • State: NH
  • Street Designation: Street
  • Map: 010
  • Zip Code: 03602
Taxes and HOA Information
  • Tax Year: 2024
  • Taxes TBD: No
Parking
  • Garage: Yes
  • Garage Capacity: 2.00
  • Driveway: Gravel
Property
Lot Information
  • Block: 000
  • Lot: 06
  • Lot Features: Country Setting, River Frontage
  • Lot Size Acres: 5.2
  • Road Frontage Length: 1100.0
  • Water Body Access: Yes
  • Water Body Name: Cold River
  • Waterfront Property Rights: Exclusively Owned
  • Total Finished Area: 5000.0
  • Above Grade Finished Area: 5000.0
  • Above Grade Finished Area Source: Public Records
  • Above Grade Unfinished Area: 0.0
  • Below Grade Finished Area: 0.0
  • Below Grade Unfinished Area: 1444.0
  • BelowGradeUnfinishedAreaSource: Public Records
  • Lot Size Square Feet: 226512.0
  • Total Area: 6444.0
Property and Assessments
  • Assessment Amount: $214,200
  • Assessment Year: 2024
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: Unknown
  • PreConstruction: No
  • Surveyed: Unknown
  • Water Body Restrictions: Unknown
  • Year Built: 1793
  • School District: Fall Mountain Reg SD SAU #60
Utilities
  • Electric: 200+ Amp Service, Circuit Breaker(s), On-Site
  • Sewer: Concrete, Leach Field On-Site, On-Site Septic Exists, Private
  • Water Source: Drilled Well, Private
  • Utilities: Cable Available
  • Water Access Details: Directly Adjoining
  • Total Electric Meters: 3
  • Separate Utilities: Yes
  • Internet: Cable Internet, Fiber Optic Internet
Interior and Exterior Features
Exterior Features
  • Color: Brick
  • Construction Materials: Post and Beam, Brick Exterior
  • Roof: Asphalt Shingle
  • Total Ranges: 3
Interior Features
  • Appliances: Electric Water Heater, Propane Water Heater
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Basement Stairs, Dirt Floor, Full
  • Total Full Baths: 0
  • Flooring: Hardwood
  • Heating: Propane, Oil, Hot Air
  • Cooling: None
  • Total Refrigerators: 3
  • Total Stories: 2
  • Total Water Heaters: 3
Multi Family
Multi-Family Information
  • Total Units: 3
  • Total 1 BR Units: 2
  • Total 2 BR Units: 1
  • Total 3+ BR Units: 0
  • Total Heat Units: 3
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Lease Term: Annual
  • Unit 1 Level Number: 1
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Leased
  • Unit 1 Rooms: 4
  • Unit 1 Tenant Pays: Electric, Heat, Hot Water, Internet Service
  • Unit 1 Info: Appliances Included, Electric Range, Refrigerator
Unit 2
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 7
  • Unit 2 Status: Month to Month
  • Unit 2 Level Number: 2
  • Unit 2 Bedrooms: 2
  • Unit 2 Info: Appliances Included, Cathedral Ceiling, Oil Heat, Electric Range, Refrigerator, Washer
  • Unit 2 Tenant Pays: Electric, Heat, Hot Water, Internet Service
Unit 3
  • Unit 3 Lease Term: Month to Month
  • Unit 3 Baths: 1
  • Unit 3 Rooms: 4
  • Unit 3 Level Number: 2
  • Unit 3 Status: Leased
  • Unit 3 Bedrooms: 1
  • Unit 3 Tenant Pays: Electric, Heat, Hot Water, Internet Service

Property History for 87 Mechanic Street

DateEvent & SourcePriceAppreciation
Jul 2, 2026

Listed (Active)

New England Real Estate Network #5097930

$435,000—
Nov 21, 2013

Sold (Public Record)

Public Record #376754774

$175,000—
DateEvent & SourcePrice
07/02/2026

Listed (Active)

New England Real Estate Network #5097930

$435,000
11/21/2013

Sold (Public Record)

Public Record #376754774

$175,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 87 Mechanic Street

Taxable ValueLand$52,300Additions$161,900Total$214,200
Tax Record2024$5,779 ($482 / month)
Home Facts
Baths2Total Finished SqFt1,986 SqFtAbove Grade Finished SqFt1,986 SqFtStories2Lot Size226,512 SqFtStyleMulti-Family Dwelling (2-4)Year Built1793ZoningRURALCountyCHESHIREAPNALTD M:00010 B:000006 L:000000

Schools near 87 Mechanic Street

This home is within Fall Mountain Regional School District.
Rating
School
Type
Grades
Distance
Alstead Primary School
Public - PK to 4
Vilas Elementary School
Public - 5 to 8
Fall Mountain Regional High School
Public - 9 to 12
Rating
School
Distance
Alstead Primary School
PublicPK to 4

Vilas Elementary School
Public5 to 8

Fall Mountain Regional High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 87 Mechanic Street, Alstead, NH 03602

87 Mechanic Street is a multi-family home for sale in Alstead, NH 03602. This property was listed for sale on July 2, 2026 by Traditions Real Estate LLC, it's currently listed at $435,000. It has been on the market for a total of 1 days and was last sold on November 21, 2013. This listing's school district is Fall Mountain Regional School District. Nearby schools include Alstead Primary School, Vilas Elementary School and Fall Mountain Regional High School. 87 Mechanic Street is a 4-bed, 3-bath, 5,000 sqft multi-family home built in 1793.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Traditions Real Estate LLC

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 07/04/2026 12:07 PM