Prime investment opportunity in the heart of Union Village. This historic two-story New Englander offers excellent potential as a three-unit rental property. The main building is configured as two residential units, while the separate detached Cape-style ADU offers an additional one-bedroom rental. Together, the three units provide an opportunity for diversified rental income and long-term value. The property requires significant updating, making it ideal for an investor or contractor seeking a value-added project. Flexible business/commercial zoning provides additional options for future use, while the primary opportunity is residential rental income. Set along scenic Drew Mill Pond and conveniently located near the Seacoast, lakes, and Mount Washington Valley, the property offers strong year-round appeal. Offered below assessed value, this is an excellent opportunity to renovate, generate rental income, and build long-term value.
Active
Listed by: Assets Realty Group • Michael D Dower • 603-522-9000
$139,900
271 Main Street, Wakefield, NH 03887
6beds
2,400sqft
Single Family Residence
Built in 1900
0.52 Acres Lot
$130,700 Zestimate®
$58/sqft
$-- HOA
What's special
Historic two-story new englanderSeparate detached cape-style adu
- 38 days
- 2,221
- 124
Zillow last checked:
Listing updated:
Listed by:
Michael D Dower,
Assets Realty Group 603-522-9000
Source: PrimeMLS,MLS#: 5079126
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Propane, Gas Heater, Hot Water, Radiator, Boiler
Cooling
- None
Features
- Basement: Bulkhead,Dirt,Full,Interior Stairs,Unfinished,Interior Access,Exterior Entry,Basement Stairs,Interior Entry
Interior area
- Total structure area: 3,690
- Total interior livable area: 2,400 sqft
- Finished area above ground: 2,400
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Pond Site
- Body of water: Branch River
- Frontage length: Road frontage: 500
Lot
- Size: 0.52 Acres
- Features: Corner Lot, Curbing, Sidewalks, In Town
Details
- Parcel number: WKFDM00241B050000L000000
- Zoning description: Business Cmmercial
- Special conditions: Rehab Needed
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape
- Property subtype: Single Family Residence
Materials
- Timber Frame
- Foundation: Brick, Stone w/ Skim Coating
- Roof: Other Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: On-Site Septic Exists, Private Sewer, Unknown, Septic Tank
- Utilities for property: Cable, Propane
Community & HOA
Location
- Region: Union
Financial & listing details
- Price per square foot: $58/sqft
- Tax assessed value: $241,500
- Annual tax amount: $2,804
- Date on market: 10/6/2026
- Road surface type: Paved
Estimated market value
$130,700
$122,000 - $137,000
$3,310/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/6/2026 | Listed for sale | $139,900-42.1%$58/sqft |
Source:  PrimeMLS #5079126 Report a problem | ||
| 10/5/2026 | Listing removed | $241,500$101/sqft |
Source: PrimeMLS #5108971 Report a problem | ||
| 9/9/2026 | Listed for sale | $241,500+27.2%$101/sqft |
Source: PrimeMLS #5108971 Report a problem | ||
| 8/7/2026 | Listing removed | $189,900$79/sqft |
Source: PrimeMLS #5079126 Report a problem | ||
| 6/15/2026 | Price change | $189,900-5%$79/sqft |
Source: PrimeMLS #5079126 Report a problem | ||
| 5/1/2026 | Price change | $199,900-16.7%$83/sqft |
Source: PrimeMLS #5079126 Report a problem | ||
| 4/20/2026 | Price change | $239,900-7.7%$100/sqft |
Source: PrimeMLS #5079126 Report a problem | ||
| 4/10/2026 | Price change | $259,900-3.7%$108/sqft |
Source: PrimeMLS #5079126 Report a problem | ||
| 3/30/2026 | Price change | $269,900-3.6%$112/sqft |
Source: PrimeMLS #5079126 Report a problem | ||
| 3/12/2026 | Listed for sale | $279,900+348.6%$117/sqft |
Source: PrimeMLS #5079126 Report a problem | ||
| 3/4/2026 | Sold | $62,400$26/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,424 +9.8% | $322,400 |
| 2023 | $2,208 +1.7% | $322,400 +81.8% |
| 2022 | $2,172 -1% | $177,300 |
| 2020 | $2,195 -12.7% | $177,300 -12.1% |
| 2019 | $2,515 +10.7% | $201,700 |
| 2018 | $2,271 +8.8% | $201,700 +22.2% |
| 2017 | $2,087 -2.2% | $165,000 |
| 2016 | $2,135 -0.9% | $165,000 |
| 2015 | $2,155 +2.3% | $165,000 -0.2% |
| 2014 | $2,106 +3.7% | $165,300 |
| 2013 | $2,030 +0.6% | $165,300 -2.1% |
| 2012 | $2,018 -0.2% | $168,900 |
| 2011 | $2,022 +2.4% | $168,900 |
| 2010 | $1,974 -5.4% | $168,900 -13.8% |
| 2009 | $2,087 -5.9% | $196,000 -13.3% |
| 2008 | $2,217 -13.9% | $226,000 -10.7% |
| 2006 | $2,576 | $253,000 |
Find assessor info on the county website
Monthly payment
Est. payment
