3 Pearl St, Plymouth, NH 03264
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3 Pearl St, Plymouth, NH 03264
3 Pearl St, Plymouth, NH 03264
3 Pearl St, Plymouth, NH 03264
3 Pearl St, Plymouth, NH 03264
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Steve Wallace

Steve Wallace

+1(978) 289-2465
$ 1,100,000
Est. payment /mo
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Price Dropped by $90K

3 Pearl St Plymouth, NH 03264

16 Beds

5.5 Baths

5,548 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - Rooming House

Listing Status Active

Purchase Type For Sale

Square Footage 5,548 sqft

Price per Sqft $198

MLS Listing ID 73528150

Bedrooms 16

Full Baths 5

Half Baths 1

Year Built 1890

Annual Tax Amount $10,738

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type 5+ Family - Rooming House

Property Description

Turnkey high-cash-flow opportunity leased through May 2027. This legal 16-bedroom, 5.5 bath student rooming house bordering campus offers strong in-place income, and consistent occupancy history, with an estimated Cap Rate of 10+%. Featuring 5,500+ SF with private furnished bedrooms designed for efficient shared living easily managed with several remote-management systems. 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. Rare opportunity to acquire a stabilized, fully operational student housing asset with strong rental demand, modern building systems, and minimal day-to-day management requirements.

Location

State NH

County Grafton

Zoning VC

Direction GPS

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Interior Features Upgraded Cabinets, Upgraded Countertops, Internet Available - Fiber-Optic, Living Room, Dining Room, Kitchen, Laundry Room

Heating Baseboard, Electric, Wall Unit, Propane

Cooling None

Flooring Wood, Tile, Vinyl, Laminate

Appliance Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer

Laundry Gas Dryer Hookup, Washer Hookup

Exterior

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School, University

Utilities Available for Electric Range, for Electric Oven, for Gas Dryer, Washer Hookup

Roof Type Shingle,Metal

Total Parking Spaces 16

Garage No

Building

Lot Description Corner Lot, Sloped

Story 2

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false

MLSPIN
Listed by Aluxety

NEARBY SCHOOL & BUSINESS

Steve Wallace

Steve Wallace

Agent

+1(978) 289-2465

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3 Pearl St

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