69 Pleasant St · Colebrook, NH 03576

$259,000

6 bd · 4.0 ba · 4,258 sqft · Other public records · 158 Days on market

Built 1870 1.53 ac lot $61/sqft · 12% below area Est $284k · 9% under

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +11.5/15.0
• Appreciation +10.0/10.0
• Cash flow +6.5/30.0
• Livability +3.6/5.0
• Schools +3.4/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +1.4/10.0
• DSCR +0.8/10.0

Listing remarks MLS

Here's a wonderful opportunity to own a well-maintained multi-unit property in a prime location. Positioned right beside the Colebrook Country Club, 69 Pleasant Street offers convenience, rental appeal, and solid income potential. This 4-unit building includes two furnished apartments, ideal for traveling professionals or short-term rentals. The remaining two units highlight charming wood floors along with original built-ins and features. Key updates include newer windows, proper egress, and a newer heating system in Unit 4. The front exterior was freshly painted in 2025, and the remainder of the building is already scheduled with a painter for the 2026 season. An attached barn provides valuable storage space with additional possibilities. Each unit enjoys a covered carport, and the residents share a spacious yard. The circular driveway provides easy access, and the property's proximity to Dixville Notch and outdoor recreation makes this listing one you won't want to miss! Another major bonus - the snowmobile trail crosses a portion of the property, delivering direct Snowmobile and ATV access right from here.

Key facts

• Charming wood floors
• Original built-ins
• Furnished apartments

Tags

• MULTI-UNIT PROPERTY
• PRIME LOCATION
• FURNISHED APARTMENTS
• CHARMING WOOD FLOORS
• ORIGINAL BUILT-INS
• NEWER WINDOWS

What this means for you Summary

Snapshot

• This is a 6-bed/4.0-bath other listed at $259k.

Deal economics

• At list price, monthly cash flow is $-435 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $182k (29.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $165k (36.1% below list).
• Recommended offer: $165k (36.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 71/100 on livability (#43 in NH) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, health & safety A+; Watch: schools D+, employment D+, amenities F.
• Colebrook School District (rural): math 30% / reading 45% proficiency, ranked #144 of 171 in NH (top 84%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 81 active listings in the ZIP; 95 units permitted in Coos County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $28k of equity ($2k loan paydown + $26k appreciation (10.0% local appreciation)).
• Coos County population projected at -19% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• By year 2, paydown + projected appreciation supports a ~$45k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 158 days — a 12% lower offer ($228k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 4y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $193k; 34% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1870 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $165,461 (36.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 158 days. Have you received any prior offers? Is the seller open to a 36% concession, seller financing, or rate buy-down credit?
3. Built in 1870 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.64% ✗
• Cap rate: 4.28%
• Cash-on-cash: -7.20%
• DSCR: 0.68
• GRM: 13.0

CMA / ARV

• ARV (median comp): $284,399
• List price: $259,000
• Delta: -8.93%
• Verdict: FAIR
• Comps: 5 within 1.0 mi

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 19.2%
• Equity multiple: 2.56×
• Total profit: $113,322
• Equity at exit: $233,328

10-year hold

• IRR: 17.7%
• Equity multiple: 5.90×
• Total profit: $355,515
• Equity at exit: $503,180

Cash invested: $72,520 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 56 Moderately Landlord-Leaning
• State New Hampshire: 56 Moderately Landlord-Leaning · D+1
• County: — inherits STATE
• City: — inherits STATE

Has just-cause statute; 30-day notice; landlord-leaning vs. neighbors.

Methodology + full state rankings →

ZIP-level market 03576

• Home prices YoY: 25.2%
• Active inventory: 81
• Price-to-rent: 13.0×

Monthly cashflow live

• Estimated rent: $1,655 medium
• Mortgage (P&I): −$1,358
• Tax from tax record: −$276 /mo · $3,317/yr
• Insurance: −$108
• HOA: −$0
• Vacancy / Maint / Mgmt: −$347
• Net cashflow: $-435

Break-even live

Break-even rent $2,206

Max offer price $182,082

Occupancy floor —

Sensitivity live

Price	-10% $-289	-5% $-362	+0% $-435	+5% $-509	+10% $-582
Rent	-10% $-566	-5% $-501	+0% $-435	+5% $-370	+10% $-305
Rate	-1.0pp $-305	-0.5pp $-370	base $-435	+0.5pp $-503	+1.0pp $-571

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $64,750
• Closing costs: $7,770
• Reserves months: —
• Total cash needed: —

Listing history 30 events

1. 2026-06-21
   days on market $259,000 Active 158 DOM
2. 2026-06-18
   days on market $259,000 Active 156 DOM
3. 2026-06-17
   days on market $259,000 Active 155 DOM
4. 2026-06-16
   days on market $259,000 Active 154 DOM
5. 2026-06-15
   days on market $259,000 Active 153 DOM
6. 2026-06-13
   days on market $259,000 Active 151 DOM
7. 2026-06-12
   days on market $259,000 Active 150 DOM
8. 2026-06-09
   days on market $259,000 Active 147 DOM
9. 2026-06-08
   days on market $259,000 Active 146 DOM
10. 2026-06-07
    days on market $259,000 Active 145 DOM
11. 2026-06-07
    days on market $259,000 Active 144 DOM
12. 2026-06-04
    days on market $259,000 Active 141 DOM
13. 2026-06-02
    days on market $259,000 Active 140 DOM
14. 2026-06-01
    days on market $259,000 Active 139 DOM
15. 2026-05-31
    days on market $259,000 Active 138 DOM
16. 2026-03-27
    status Active 1128-char remark

    Show marketing remark (1128 chars)

    Here's a wonderful opportunity to own a well-maintained multi-unit property in a prime location. Positioned right beside the Colebrook Country Club, 69 Pleasant Street offers convenience, rental appeal, and solid income potential. This 4-unit building includes two furnished apartments, ideal for traveling professionals or short-term rentals. The remaining two units highlight charming wood floors along with original built-ins and features. Key updates include newer windows, proper egress, and a newer heating system in Unit 4. The front exterior was freshly painted in 2025, and the remainder of the building is already scheduled with a painter for the 2026 season. An attached barn provides valuable storage space with additional possibilities. Each unit enjoys a covered carport, and the residents share a spacious yard. The circular driveway provides easy access, and the property's proximity to Dixville Notch and outdoor recreation makes this listing one you won't want to miss! Another major bonus - the snowmobile trail crosses a portion of the property, delivering direct Snowmobile and ATV access right from here.

17. 2026-03-06
    historical Active with Contract 1128-char remark

    Show marketing remark (1128 chars)

    Here's a wonderful opportunity to own a well-maintained multi-unit property in a prime location. Positioned right beside the Colebrook Country Club, 69 Pleasant Street offers convenience, rental appeal, and solid income potential. This 4-unit building includes two furnished apartments, ideal for traveling professionals or short-term rentals. The remaining two units highlight charming wood floors along with original built-ins and features. Key updates include newer windows, proper egress, and a newer heating system in Unit 4. The front exterior was freshly painted in 2025, and the remainder of the building is already scheduled with a painter for the 2026 season. An attached barn provides valuable storage space with additional possibilities. Each unit enjoys a covered carport, and the residents share a spacious yard. The circular driveway provides easy access, and the property's proximity to Dixville Notch and outdoor recreation makes this listing one you won't want to miss! Another major bonus - the snowmobile trail crosses a portion of the property, delivering direct Snowmobile and ATV access right from here.

18. 2026-01-13
    listed $259,000 Active 1128-char remark

    Show marketing remark (1128 chars)

    Here's a wonderful opportunity to own a well-maintained multi-unit property in a prime location. Positioned right beside the Colebrook Country Club, 69 Pleasant Street offers convenience, rental appeal, and solid income potential. This 4-unit building includes two furnished apartments, ideal for traveling professionals or short-term rentals. The remaining two units highlight charming wood floors along with original built-ins and features. Key updates include newer windows, proper egress, and a newer heating system in Unit 4. The front exterior was freshly painted in 2025, and the remainder of the building is already scheduled with a painter for the 2026 season. An attached barn provides valuable storage space with additional possibilities. Each unit enjoys a covered carport, and the residents share a spacious yard. The circular driveway provides easy access, and the property's proximity to Dixville Notch and outdoor recreation makes this listing one you won't want to miss! Another major bonus - the snowmobile trail crosses a portion of the property, delivering direct Snowmobile and ATV access right from here.

19. 2023-08-15
    soldstatus $193,000 Closed 864-char remark

    Show marketing remark (864 chars)

    Direct Trail access! Here's a great opportunity to own a well-maintained Multi Unit. Location is everything when it comes to an income producing property. 69 Pleasant Street abuts the Colebrook Country club! This 4-unit building has a lot of potential. The 3rd floor unit is a furnished 2BR that works great for traveling professionals. The other three units boast wood floors and some original built ins and features. There is currently 1 vacant unit ready for you to unpack your bags! Apartments have good egress, updated windows, and unit 4 also has a newer heating system. Open barn space offers tons of room for expansion or additional living space. All these units have a covered carport for parking and a large yard to share and enjoy. Circular driveway and close proximity to Dixville Notch and beyond are another reason to put this on the list to view!

20. 2023-08-14
    status Pending 864-char remark

    Show marketing remark (864 chars)

    Direct Trail access! Here's a great opportunity to own a well-maintained Multi Unit. Location is everything when it comes to an income producing property. 69 Pleasant Street abuts the Colebrook Country club! This 4-unit building has a lot of potential. The 3rd floor unit is a furnished 2BR that works great for traveling professionals. The other three units boast wood floors and some original built ins and features. There is currently 1 vacant unit ready for you to unpack your bags! Apartments have good egress, updated windows, and unit 4 also has a newer heating system. Open barn space offers tons of room for expansion or additional living space. All these units have a covered carport for parking and a large yard to share and enjoy. Circular driveway and close proximity to Dixville Notch and beyond are another reason to put this on the list to view!

21. 2023-06-21
    historical Active with Contract 864-char remark

    Show marketing remark (864 chars)

    Direct Trail access! Here's a great opportunity to own a well-maintained Multi Unit. Location is everything when it comes to an income producing property. 69 Pleasant Street abuts the Colebrook Country club! This 4-unit building has a lot of potential. The 3rd floor unit is a furnished 2BR that works great for traveling professionals. The other three units boast wood floors and some original built ins and features. There is currently 1 vacant unit ready for you to unpack your bags! Apartments have good egress, updated windows, and unit 4 also has a newer heating system. Open barn space offers tons of room for expansion or additional living space. All these units have a covered carport for parking and a large yard to share and enjoy. Circular driveway and close proximity to Dixville Notch and beyond are another reason to put this on the list to view!

22. 2023-05-25
    status Active 864-char remark

    Show marketing remark (864 chars)

    Direct Trail access! Here's a great opportunity to own a well-maintained Multi Unit. Location is everything when it comes to an income producing property. 69 Pleasant Street abuts the Colebrook Country club! This 4-unit building has a lot of potential. The 3rd floor unit is a furnished 2BR that works great for traveling professionals. The other three units boast wood floors and some original built ins and features. There is currently 1 vacant unit ready for you to unpack your bags! Apartments have good egress, updated windows, and unit 4 also has a newer heating system. Open barn space offers tons of room for expansion or additional living space. All these units have a covered carport for parking and a large yard to share and enjoy. Circular driveway and close proximity to Dixville Notch and beyond are another reason to put this on the list to view!

23. 2022-11-23
    historical 864-char remark

    Show marketing remark (864 chars)

    Direct Trail access! Here's a great opportunity to own a well-maintained Multi Unit. Location is everything when it comes to an income producing property. 69 Pleasant Street abuts the Colebrook Country club! This 4-unit building has a lot of potential. The 3rd floor unit is a furnished 2BR that works great for traveling professionals. The other three units boast wood floors and some original built ins and features. There is currently 1 vacant unit ready for you to unpack your bags! Apartments have good egress, updated windows, and unit 4 also has a newer heating system. Open barn space offers tons of room for expansion or additional living space. All these units have a covered carport for parking and a large yard to share and enjoy. Circular driveway and close proximity to Dixville Notch and beyond are another reason to put this on the list to view!

24. 2022-11-23
    status Active 864-char remark

    Show marketing remark (864 chars)

    Direct Trail access! Here's a great opportunity to own a well-maintained Multi Unit. Location is everything when it comes to an income producing property. 69 Pleasant Street abuts the Colebrook Country club! This 4-unit building has a lot of potential. The 3rd floor unit is a furnished 2BR that works great for traveling professionals. The other three units boast wood floors and some original built ins and features. There is currently 1 vacant unit ready for you to unpack your bags! Apartments have good egress, updated windows, and unit 4 also has a newer heating system. Open barn space offers tons of room for expansion or additional living space. All these units have a covered carport for parking and a large yard to share and enjoy. Circular driveway and close proximity to Dixville Notch and beyond are another reason to put this on the list to view!

25. 2022-09-20
    historical Active with Contract 864-char remark

    Show marketing remark (864 chars)

    Direct Trail access! Here's a great opportunity to own a well-maintained Multi Unit. Location is everything when it comes to an income producing property. 69 Pleasant Street abuts the Colebrook Country club! This 4-unit building has a lot of potential. The 3rd floor unit is a furnished 2BR that works great for traveling professionals. The other three units boast wood floors and some original built ins and features. There is currently 1 vacant unit ready for you to unpack your bags! Apartments have good egress, updated windows, and unit 4 also has a newer heating system. Open barn space offers tons of room for expansion or additional living space. All these units have a covered carport for parking and a large yard to share and enjoy. Circular driveway and close proximity to Dixville Notch and beyond are another reason to put this on the list to view!

26. 2022-08-02
    listed $195,000 Active 864-char remark

    Show marketing remark (864 chars)

    Direct Trail access! Here's a great opportunity to own a well-maintained Multi Unit. Location is everything when it comes to an income producing property. 69 Pleasant Street abuts the Colebrook Country club! This 4-unit building has a lot of potential. The 3rd floor unit is a furnished 2BR that works great for traveling professionals. The other three units boast wood floors and some original built ins and features. There is currently 1 vacant unit ready for you to unpack your bags! Apartments have good egress, updated windows, and unit 4 also has a newer heating system. Open barn space offers tons of room for expansion or additional living space. All these units have a covered carport for parking and a large yard to share and enjoy. Circular driveway and close proximity to Dixville Notch and beyond are another reason to put this on the list to view!

27. 2021-02-12
    price $195,000
28. 2021-02-12
    price $193,500
29. 2020-12-02
    price $195,000
30. 2019-07-17
    price $193,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NH · Partial reset (capped growth)

• Current annual tax: $3,317 · $276/mo
• Projected year-2 tax: $4,482 · $373/mo
• Expected delta: +$1,165/yr (+$97/mo · 35.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 8 d/yr ≥86°F today · 18 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 4% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,855
• − Mortgage interest: −$14,508
• − Property taxes: −$3,317
• − Insurance: −$1,295
• − Repairs & maintenance: −$1,588
• − Management: −$1,588
• − Depreciation: −$7,535
• Taxable loss: −$9,976
• Est. tax savings @ 24.0%: +$2,394
• After-tax cash flow: $-2,831/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Colebrook School District
• NCES district ID: 3302400
• Math proficiency: 30% ▲ 5.00%
• Reading proficiency: 45% ▼ -5.00%
• Median HH income: $40,800
• Composite: 34.04/100
• National rank: #10302
• State rank: #144 of 171 in NH

Livability — Colebrook

• Score: 71/100
• State rank: #43
• US rank: #6943

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment D+ Housing C Health & safety A+ User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Colebrook, NH
• Population (ZIP): 2,740

Population outlook (Coos County) Hauer SSP2

• Today (2025): 30,912 people
• By 2030: 29,872 · -3.4%
• By 2040: 27,449 · -11.2%
• By 2050: 25,049 · -19.0%
• By 2075: 19,584 · -36.6%
• By 2100: 13,818 · -55.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (96%)
• Race & ethnicity: White 96% Two or more races 3% Hispanic / Latino 1%
• Common ancestry: Lithuanian 11% Slovak 4% Scotch-Irish 2%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · French/Haitian/Cajun 4% Spanish 1%

Political lean MEDSL · Coos

• 2024 margin: R (+13.8) · D 42.7% · R 56.5%
• 2008→2024 swing: -32.1pp toward R · 2008: 18.3pp · 2024: -13.8pp
• All cycles: 2024: R+13.8 2020: R+5.9 2016: R+9.1 2012: D+17.6 2008: D+18.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 62.27%
• Current HPI: 309.5893
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

+33.9% since first listed

15 events — show timeline

• 2026-03-27 Relisted — PrimeMLS
• 2026-03-06 Contingent — PrimeMLS
• 2026-01-13 Listed $259,000 PrimeMLS
• 2023-08-15 Sold (MLS) $193,000 PrimeMLS
• 2023-08-14 Pending — PrimeMLS
• 2023-06-21 Contingent — PrimeMLS
• 2023-05-25 Relisted — PrimeMLS
• 2022-11-23 Delisted — PrimeMLS
• 2022-11-23 Relisted — PrimeMLS
• 2022-09-20 Contingent — PrimeMLS
• 2022-08-02 Listed $195,000 PrimeMLS
• 2021-02-12 Price Changed $195,000 PrimeMLS
• 2021-02-12 Price Changed $193,500 PrimeMLS
• 2020-12-02 Price Changed $195,000 PrimeMLS
• 2019-07-17 Price Changed $193,500 PrimeMLS

Property tax history

-1.3%/yr

Latest (2025): $3,317 · -27.1% YoY. Source: county tax records.