List Price: $3,750,000 | $310 per sq.ft. Multi Family A 9 Unit Multi Family Home
With 0 One Bedroom Units , 9 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Sunday Mar 22, 2026 | MLS# 5080258



Address: 34 Ponemah Hill Road Milford NH
Listed by Nick Gray Gray Property Group, LLC
Description:
Turn-key, fully occupied 9-unit townhouse-style investment property built in 2021 and located in a desirable Milford setting. The asset consists of 9 individually deeded condominium units that have been professionally operated as a single multifamily investment for the past 4 years. Although each unit is separately deeded, no formal condominium association is currently in place, giving a buyer flexibility to either continue operating as a traditional multifamily asset or complete the condominium documentation and pursue individual unit sales over time. Each unit offers 2 bedrooms, 1.5 bathrooms, and ~1,296-1,440 finished square feet across a 3-level layout. The main living level features high ceilings, large windows, and an open-concept design. Kitchens include shaker-style cabinetry, granite countertops, subway tile backsplashes, and stainless steel appliances with gas ranges. Upstairs, spacious bedrooms offer generous closet space and are complemented by well-appointed bathrooms with double vanities. Additional features include in-unit washer and dryer, private backyard patios, and unfinished full basements with bulkhead access for storage. The property benefits from an efficient expense structure, with tenants separately metered for water and sewer, natural gas, and electricity. Surface parking is ample, with 2 assigned spaces per unit. Current average rents are ~$2,750/unit/month, totaling ~$297,000 in annual scheduled revenue. Net operating income for 2025 was ~$172,000, net of all expenses including professional management. Located just off NH-101A and minutes from the Milford Oval, the property offers convenient access to shopping, dining, Manchester-Boston Regional Airport, and the Greater Boston market. With 2021 construction, low-maintenance design, a favorable utility structure, and multiple paths to monetization, 34 Ponemah Hill Road presents a rare opportunity to acquire a newer vintage, scaled asset with durable income and embedded upside. Operating Expenses : Insurance,Maintenance,Professional Management,Other,Snow Removal,Trash,Utilities
Annual Expenses

Taxes: $72,882
Income
Gross Income | $297,000
NetIncome | $171,648

Construction: Vinyl Siding
Year Built: 2021
Style: Townhouse
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 18468
Above Grade Sq.Ft.: 12096
Basement: Concrete Floor | Interior Access | Basement Stairs
Roof: Asphalt Shingle
Seasonal: No
Heating: Forced Air | Gas Heater
Cooling: Central AC
Electric: 100 Amp Service
Utilities: Cable at Site | Gas On-Site
Electric Meters: 10
Gas_Meters: 9
Water: Public
Sewer: Public
Land Information
Country Setting | Landscaped
Lot size: 0.21 acres
Zoned: Residential A)
Surveyed: No
Flood Zone: No
Road Frontage: 297
Driveway: None
Additional Information
Easement - No
Block - 61
Taxes $72,882
Assesed Value Not Reported
Schools

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