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Multi Family Home $3,400,000 | $195 per sq.ft.
17 Unit Multi Family Home,
28, 29 &42 Railroad & Main Square Plymouth NH
With 16 - Three Bedroom Units
| MLS# 5050886 -
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Listed by Richard Gowen EXP Realty Cell: 603-236-6205 on July 9th 2025
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
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UNIT 1 INFORMATION
Beds: 3Baths: 1Rooms: 4Sq.Ft.: 880 -
CONSTRUCTION
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Wood Frame Exterior Color : Tan
Year Built: 2016
No. of Floors: 2
Total Sq.Ft. Finished: 17408
Above Grade Sq.Ft.: 17408
Price Per SQ.FT.: $195.31
Heating: Propane | Forced Air
Cooling: None
Electric: 200+ Amp Service
Utilities: Cable Available | Underground Gas | Telephone Available
Electric Meters:
Style: Multi-Family | Townhouse
Roof: Membrane | Asphalt Shingle
Water: Public
Sewer: Public
Seasonal: No
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LAND INFORMATION
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In Town
Lot size: 0.16 acres
Zoned: VC)
Surveyed: Unk
Flood Zone: Unknown
Road Frontage: 121
Driveway: Paved
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ADDITIONAL INFORMATION
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Taxes $44,582 | Assesed Value $2,056,400 in 2024
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AREA INFORMATION
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School District: SAU 2 and 48
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