3-5 Shady Lane, Plaistow, NH 03865
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
3-5 Shady Lane,Plaistow, NH 03865
$4,600,000
- - Beds
- 20 Baths
- 17,670 sq. ft.
- Multi-family
- Active
Listed by: viktoria alkova, david garvey
Office: kw coastal and lakes & mountains realty
MLS#:5049479
Source:PrimeMLS
Price summary
- Price:$4,600,000
- Price per sq. ft.:$260.33
About this home
This impressive property portfolio consists of three adjacent lots with four freestanding buildings, totaling 20 residential units. The well-maintained buildings at #3, #3A, and #4 each contain six units—all featuring two bedrooms, one bathroom, and separately metered utilities for both electricity and heat. #5 Shady Lane offers a standalone duplex, with both units boasting spacious two bedroom layouts and an additional finished room w/closet in the basement. Recent capital improvements include replaced windows, new kitchens, and a brand new roof on Building #5. This portfolio delivers immediate cash flow, along with significant value-add potential—current rents are more than 50% below market, and the majority of leases are month-to-month, providing flexibility for future repositioning. With its strong rental history, solid maintenance, and prime location, this is an outstanding opportunity for investors seeking a turnkey multifamily asset with substantial upside. Coin-operated laundry rooms for user convenience.
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Home facts
- Year built:1996
- Listing ID #:5049479
- Added:68 day(s) ago
- Updated:November 11, 2025 at 11:27 AM
Rooms and interior
- Total bathrooms:20
- Full bathrooms:20
- Living area:17,670 sq. ft.
Heating and cooling
- Heating:Hot Water, Individual
Structure and exterior
- Roof:Asphalt Shingle, Wood
- Year built:1996
- Building area:17,670 sq. ft.
- Lot area:2.46 Acres
Utilities
- Sewer:Septic
Finances and disclosures
- Price:$4,600,000
- Price per sq. ft.:$260.33
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