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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755


$3,400,000

MLS# 5050886
17408 sq.ft. Bedroom | 0 Bathroom
Multi Family
28, 29 &42 Railroad & Main Square Plymouth NH
 
$3,400,000 | $195 per sq.ft. | MLS# 5050886 A 17  Unit Multi Family Home, 28, 29 &42 Railroad & Main Square Plymouth NH With 16 - Three Bedroom Units

Description:
An exceptional investment opportunity awaits with this well-maintained student housing portfolio, located within walking distance of the Plymouth State University campus. This offering includes three high-performing apartment buildings: 42 Main Street: A classic mixed-use property featuring four residential apartments and an 1,800 sq ft commercial space at street level--ideal for retail, office, or service-based tenants. Originally built in 1890 the building was remodeled in 2005. 28 Railroad Square: Built in 2016, this modern apartment building includes six spacious 3-bedroom units, each with dedicated carport parking beneath the building. Shared laundry facilities provide added convenience for tenants. 29 Railroad Square: Constructed in 2020, this sister property mirrors the layout of 28 Railroad Square with six 3-bedroom units and covered parking for each unit. Both Railroad Square buildings are designed for easy maintenance and consistent tenant satisfaction. All three buildings are equipped with sprinkler systems linked to the Fire Department and are within a short walk to Plymouth State University, making them highly desirable for student renters. With a strong rental history and reliable cash flow, this portfolio delivers a solid return on investment. Appliances : Water Heater

Annual Expenses
Taxes: $44,582
    Income

UNIT 1 INFORMATION


Beds: 3
Baths: 1
Rooms: 4
Sq.Ft.: 880

FEATURES AND DETAILS

CONSTRUCTION: Wood Frame | Exterior Color Tan | Price Per SQ.FT. 195.31 | Year Built: 2016
LAND DESCRIPTION: LOT DESCRIPTION: In Town
Livable Space: 17408
Above Grade Sq.Ft.: 17408
Below Grade Sq.Ft.: 0
Heating: Propane | Forced Air
Cooling: None
Electric: 200+ Amp Service
Style: Multi-Family | Townhouse
Roof: Membrane | Asphalt Shingle
Water: Public
Sewer: Public
Lot size: 0.16 acres
Zoned: VC
Surveyed: Unk
Flood Zone: Unknown
Seasonal: No
Road Frontage: 121
Driveway: Paved

ADDITIONAL INFORMATION
Taxes $44,582  | Assesed Value $2,056,400 in 2024
SCHOOLS
School District: SAU 2 and 48
15 Buck Rd. Hanover, NH 03755 603-643-3942

Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College

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