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$3,400,000 For Sale
17 units | Multi Family Home
6970 sq ft lot - MLS# 5050886
Courtesy of Richard Gowen, Exp Realty
Contact: Cell: 603-236-6205
Property Photo
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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.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Grafton County
  • Zip Code: 03264
  • Year Built: 2016
  • School District: Sau 2 And 48
  • Sq.Ft.: 17,408 sq ft
  • Style: Multi-Family, Townhouse
  • Stories: 2 Story
  • Units: 17 units
  • Full Baths: 16
  • Lot Size: 6970 sq ft lot
  • Baths: 16
  • Zoning: VC
  • Above Grade Finished Area: 17408
  • Above Grade Finished Area Source: Public Records
  • Abovegradeunfinishedareasource: Public Records
  • Appliances: Water Heater
  • Association Amenities: Coin Laundry, Security
  • Below Grade Finished Area Source: Public Records
  • Belowgradeunfinishedareasource: Public Records
  • Color: Tan
  • Construction Materials: Wood Frame
  • Construction Status: Existing
  • Delayed Showing: No
  • Driveway: Paved
  • Electric: 200+ Amp Service
  • Flooring: Laminate
  • Foundation Details: Concrete
  • Heating: Propane, Forced Air
  • Internet: High Speed Intrnt At Site
  • Lot Features: In Town
  • Lot Size Square Feet: 6970
  • Parking Features: Carport
  • Road Frontage: Yes
  • Road Frontage Size: 121
  • Road Frontage Type: Paved, Public
  • Roof: Membrane, Asphalt Shingle
  • Sewer: Public
  • Tax Annual Amount: 44582
  • Tax Year: 2024
  • Total 3+ Br Units: 16
  • Total Area: 17408
  • Total Leases: 12
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 3
  • Unit 1 Rooms: 4
  • Water Source: Public
Courtesy of Richard Gowen, Exp Realty
Source: PrimeMLS

Contact: Cell: 603-236-6205

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