Homes for sale - 3, 4 & 5 Shady LN, Plaistow, NH 03865

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Kris Labrake

krislabrake@kw.com +1(603) 715-6866

Listed by Viktoria V Alkova • KW Coastal and Lakes & Mountains Realty

$ 4,600,000

Est. payment | -/mo

17,670 SqFt

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$ 4,600,000

Est. payment | -/mo

Save

17,670 SqFt

Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 17,670 sqft

Price per Sqft $260

MLS Listing ID 5049479

Construction Status Existing

Year Built 1996

Lot Size 2.460 Acres

Acres 2.46

Property Description

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.

Location

State NH

County Nh-rockingham

Area Nh-Rockingham

Zoning MDR

Rooms

Basement Entrance Interior

Basement Finished, Unfinished

Interior

Cooling None

Flooring Carpet, Tile, Wood, Vinyl Plank

Exterior

Utilities Available Cable

Amenities Available Coin Laundry

Waterfront Description No

View Y/N No

Water Access Desc No

View No

Roof Type Asphalt Shingle,Wood

Building

Story 3

Sewer Septic

Architectural Style Apartment Building, Garden, Multi-Family

Construction Status Existing

Schools

School District Timberlane Regional

GET MORE INFORMATION

Kris Labrake

REALTOR® | Lic# 070372

krislabrake@kw.com

+1(603) 715-6866

85 S Main St, Concord, NH, 03301, USA

3, 4 & 5 Shady LN Plaistow, NH 03865

Kris Labrake

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

3, 4 & 5 Shady LN