INNOVATE
Real Estate
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$1,190,000

123 Rooming House Way, Plymouth NH 03264
Plymouth, NH 03264
Listed by The Commercial Group
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1890

About this home

Turnkey high-cash-flow business & real estate opportunity leased through May 2027. This legal 5,500+ SF 16-bedroom, 5.5 bath property is currently operating as a student rooming house. The property offers strong in-place income, consistent occupancy history, & an estimated Cap Rate of 10+%. Private furnished bedrooms designed for efficient shared living. Occupants enjoy a community kitchen with 2 ovens, 2 microwaves, 4 large refrigerators, dishwasher, business class Wi-Fi, premium cable and reverse-osmosis water dispenser. Commercial-grade laundry room with 2 card app washers & 2 gas dryers. Extensive renovations in 2017/2018 including efficient supplemental electric wall units, new boiler in 2023, metal roof on part of building and vinyl replacement windows. Acquire a stabilized, fully operational housing asset with strong rental demand, modern building systems, and low lift property management with remote systems in place.

Property details

MLS #
73528176
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.17 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Plymouth Elementary School
0.83 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
0.67 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
$7,316/mo
$238,000 down
$952,000 loan
Principal & interest$6,175
Property tax (est.)$992
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 18, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.