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Listed by Richard Gowen • EXP Realty • Cell: 603-236-6205
$ 3,400,000
Est. payment | /mo
6,969 Sqft Lot
$ 3,400,000
Est. payment | /mo
6,969 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5057226
Year Built 2016
Annual Tax Amount $44,582
Tax Year 2024
Lot Size 6,969 Sqft
Acres 0.16
Property Description
An exceptional investment opportunity awaits with this well-maintained student housing portfolio, located within walking distance of the Plymouth State University campus. This offering includes three high-performing apartment buildings: 42 Main Street: A classic mixed-use property featuring four residential apartments and an 1,800 sq ft commercial space at street level—ideal for retail, office, or service-based tenants. Originally built in 1890 the building was remodeled in 2005. 28 Railroad Square: Built in 2016, this modern apartment building includes six spacious 3-bedroom units, each with dedicated carport parking beneath the building. Shared laundry facilities provide added convenience for tenants. 29 Railroad Square: Constructed in 2020, this sister property mirrors the layout of 28 Railroad Square with six 3-bedroom units and covered parking for each unit. Both Railroad Square buildings are designed for easy maintenance and consistent tenant satisfaction. All three buildings are equipped with sprinkler systems linked to the Fire Department and are within a short walk to Plymouth State University, making them highly desirable for student renters. With a strong rental history and reliable cash flow, this portfolio delivers a solid return on investment.
Location
State NH
County Nh-grafton
Area Nh-Grafton
Zoning VC
Interior
Cooling None
Inclusions Land/Building
Exterior
Utilities Available Cable Available, Telephone Available
Roof Type Membrane,Asphalt Shingle
Building
Sewer Public
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Dave Hansen
REALTOR® | Lic# 069214