$4,600,000
3, 4 & 5 Shady Lane
Plaistow
Listing Courtesy of
Viktoria Alkova
KW Coastal and Lakes & Mountains Realty - 603-610-8500
3, 4 & 5 Shady Lane, Plaistow NH 03865
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.
Listing Courtesy of
Viktoria Alkova
KW Coastal and Lakes & Mountains Realty - 603-610-8500
DETAILS
- Listing Id5049479
- StatusActive
- TypeMulti-Family
- Year Built1996
- BasementYes
- Basement Access TypeInterior
- Basement DescriptionFinished, Unfinished
- Construction StatusExisting
- CoolingNone
- DrivewayPaved
- Electric200 Amp, Circuit Breaker(s), Other
- Exterior FeaturesNatural Shade, Outbuilding, Patio
- Flood ZoneNo
- FlooringCarpet, Tile, Wood, Vinyl Plank
- FoundationBelow Frost Line
- GarageNo
- HeatingPropane,Hot Water,Individual
- Pre-ConstructionNo
- Road FrontageYes
- Road Frontage Length500
- RoofShingle - Asphalt, Wood
- School DistrictTimberlane Regional
- SewerSeptic
- Total Stories3
- UtilitiesCable
- Water Body AccessNo
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