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.
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
Est.:
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
- 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#: 5049479

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
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