123 Rooming House Way, Plymouth, NH 03264
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$1,190,000
Est. payment /mo
7,405 Sqft Lot
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73528176

HOA Y/N false

Year Built 1890

Annual Tax Amount $10,738

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Property Description

Turnkey high-cash-flow business & real estate opportunity leased through May 2027. This legal 5,500+ SF 16-bedroom, 5.5 bath property is currently operating as a student rooming house. The property offers strong in-place income, consistent occupancy history, & an estimated Cap Rate of 10+%. Private furnished bedrooms designed for efficient shared living. Occupants enjoy a community kitchen with 2 ovens, 2 microwaves, 4 large refrigerators, dishwasher, business class Wi-Fi, premium cable and reverse-osmosis water dispenser. Commercial-grade laundry room with 2 card app washers & 2 gas dryers. Extensive renovations in 2017/2018 including efficient supplemental electric wall units, new boiler in 2023, metal roof on part of building and vinyl replacement windows. Acquire a stabilized, fully operational housing asset with strong rental demand, modern building systems, and low lift property management with remote systems in place.

Location

State NH

County Grafton

Zoning VC

Direction GPS

Exterior

Utilities Available Public Water, Public Sewer

Others

Senior Community false


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Listed by Aluxety
Kimberly Winslow

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(413) 374-3186

realtorkimwins@gmail.com

39899 BalentineDr, Suite 200, Newark, MA 94560, USA

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123 Rooming House Way