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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.

More Info

Basic Information

  • Mls StatusActive

Tax Information

  • Tax Year 2025
  • Taxes$10,738

Basic Information

  • List Price$1,190,000
  • MLS Number73528176
  • Modification Date06/08/2026

Location

  • Address123 Rooming House Way
  • Building Number123
  • CountyGrafton
  • StateNH
  • StreetRooming House Way
  • TownPlymouth
  • Zip03264

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer
  • Year Built1890

Property

  • Acreage0.17

Property Information

  • Lot Size Square Feet 7,405
  • Lot Size Units Acres

Legal

  • ZoningVC
  • Zoning Description Legal Conforming

Other

  • Date Listed06/02/2026
  • Farm Land Area Units Square Feet
  • View Count1

Map Location

Driving Directions

Listed by The Commercial Group of Aluxety

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