Skip main navigation
Pending
  • Listed by: 

    Viktoria V Alkova,

    KW Coastal and Lakes & Mountains Realty 603-610-8500,

    David Garvey,

    KW Coastal and Lakes & Mountains Realty

    $4,600,000

    3, 4 & 5 Shady Lane, Plaistow, NH 03865

    --beds
    --baths
    17,670sqft
    : 
    Multi Family
    Built in 1996
    -- sqft lot
    $-- Zestimate®
    $260/sqft
    $-- HOA

    What's special

    Brand new roofSpacious two bedroom layoutsReplaced windowsNew kitchensFreestanding buildingsWell-maintained buildingsAdjacent lots
    This impressive property portfolio consists of three adjacent lots with four freestanding buildings, totaling 20 residential units. The well-maintained buildings at #3, #3A, and #4 each contain six units—all featuring two bedrooms, one bathroom, and separately metered utilities for both electricity and heat. #5 Shady Lane offers a standalone duplex, with both units boasting spacious two bedroom layouts and an additional finished room w/closet in the basement. Recent capital improvements include replaced windows, new kitchens, and a brand new roof on Building #5. This portfolio delivers immediate cash flow, along with significant value-add potential—current rents are more than 50% below market, and the majority of leases are month-to-month, providing flexibility for future repositioning. With its strong rental history, solid maintenance, and prime location, this is an outstanding opportunity for investors seeking a turnkey multifamily asset with substantial upside. Coin-operated laundry rooms for user convenience.
    35 days
    on Zillow
    |
    314
    |
    14
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 29, 2025 at 08:32am

    Listed by:

    Viktoria V Alkova,

    KW Coastal and Lakes & Mountains Realty 603-610-8500,

    David Garvey,

    KW Coastal and Lakes & Mountains Realty

    Source: PrimeMLS,MLS#: 5049479MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Full bathrooms: 20
    Heating
    • Propane, Hot Water, Individual
    Cooling
    • None
    Features
    • Flooring: Carpet, Tile, Wood, Vinyl Plank
    • Basement: Finished,Unfinished,Interior Entry
    Interior area
    • Total structure area: 17,670
    • Total interior livable area: 17,670 sqft
    • Finished area above ground: 17,670
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 21
    • Parking features: Paved, Assigned, On Site, Other, Parking Spaces 21+, Visitor
    Features
    • Levels: 3
    • Patio & porch: Patio
    • Exterior features: Natural Shade
    • Frontage length: Road frontage: 500
    Lot
    • Size: 2.46 Acres
    • Features: Other
    Details
    • Additional structures: Outbuilding
    • Zoning description: MDR

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Garden
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Exterior, Wood Exterior
    • Foundation: Below Frost Line
    • Roof: Asphalt Shingle,Wood
    Condition
    • New construction: No
    • Year built: 1996

    Utilities & green energy

    • Electric: 200+ Amp Service, Circuit Breakers, Other
    • Sewer: Septic Tank
    • Water: Private
    • Utilities for property: Cable

    Community & HOA

    HOA
    • Amenities included: Coin Laundry
    Location
    • Region: Plaistow

    Financial & listing details

    • Price per square foot: $260/sqft
    • Date on market: 7/1/2025
    • Road surface type: Paved
    • Loading