Listing courtesy of Viktoria Alkova, Keller Williams Coastal and Lakes & Mountains Realty 603-610-8500
3-5 Shady Lane, Plaistow, NH, 03865
0 beds
20 Full baths
1996
Apartment Building, Garden, Multi-Family
17,670 sqft
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.
Status:
Pending
Type:
Multi-family
Units:
20
Zoning:
MDR
Frontage:
500
Heating:
Propane, Hot Water, Individual
Cooling:
None
Basement:
Finished, Unfinished
Parking:
Assigned, On-Site, Other, Parking Spaces 21+, Paved, Visitor
Acreage:
2.46
Lot Description:
Other
Amenities:
Coin Laundry
School District:
Timberlane Regional
MLS #:
5049479