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$3,400,000

28, 29 &42 Railroad & Main Square
Plymouth, NH 03264
Listed by Richard Gowen · EXP Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2016

About this home

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.

Property details

MLS #
5050886
Property type
Residential Income
Subdivision
N/A
Status
Active
Days on market
399
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.16 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Plymouth Elementary School
1.07 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
368
Student:teacher ratio
9.2:1
District
Plymouth School District
Middle
None found nearby
High
Plymouth Regional High School
0.91 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
621
Student:teacher ratio
12.2:1
District
Pemi-baker Regional School District

Mortgage calculator

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Est. monthly payment
$20,625/mo
$680,000 down
$2,720,000 loan
Principal & interest$17,642
Property tax (est.)$2,833
Home insurance (est.)$150

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