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Properties

  • 123 Rooming House Way, Plymouth, New Hampshire, ,Commercial Sale,For Sale,Rooming House Way,73528176
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.

Features
Disclosure
Additional Information
Tax Year:
2025
Status:
Active
Zoning:
VC
Orig Price:
$1,190,000
Waterfront:
No
MlsStatus:
Active
Address Map
City:
Plymouth
State:
NH
County:
Grafton
Postal Code:
03264
Longitude:
W72° 18' 34.7''
Latitude:
N43° 45' 26''
  • Google Map

Commercial Sale

123 Rooming House Way, Plymouth, New Hampshire

0.17 Acre
$1,190,000
Listing ID #73528176
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$1,190,000
Year Built :
1890
Lot Area :
0.17 Acre
Listing ID :
73528176
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Agent info
Robb Enterprises
  • Stephen E. Robb
  • View website
  • 617-212-0251
  • srobb@robbenterprises.com

Contact Agent

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

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