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.
Active
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
3-5 Shady Lane, Plaistow, NH 03865
--beds
--baths
17,670sqft
Est.:
Multi Family
Built in 1996
-- sqft lot
$-- Zestimate®
$260/sqft
$-- HOA
What's special
- 96 days |
- 166 |
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