409 The Hill, Portsmouth, NH 03801
Local realty services provided by:Better Homes and Gardens Real Estate The Milestone Team



409 The Hill,Portsmouth, NH 03801
$5,350,000
- - Beds
- - Baths
- 5,136 sq. ft.
- Multi-family
- Pending
Listed by:sean bakhtiari
Office:compass new england, llc.
MLS#:5035853
Source:PrimeMLS
Price summary
- Price:$5,350,000
- Price per sq. ft.:$768.68
- Monthly HOA dues:$544
About this home
Own a premier, turnkey boutique hotel in the heart of downtown Portsmouth, NH. The Inn Downtown is a beautifully restored, 10-unit apart-hotel offering a seamless blend of classic New England charm and modern, urban living. Steps from Market Square and the city’s best dining, shopping, and waterfront attractions, this stylish retreat is a proven performer in one of New England’s most desirable and dynamic markets. Originally a historic multi-family built in 1809, the building was thoughtfully reimagined into a thriving boutique hotel, designed to accommodate nightly, short-term, and long-term stays. Each of the 10 unique units includes a full kitchen or kitchenette and private bath, with tasteful, timeless finishes and furnishings that create a warm and inviting atmosphere for guests. There are 4 Deluxe King Studio Apartments (400~ sqft) on the 1st floor, 4 Superior King Studio Apartments (500~ sqft) on the 2nd floor, and 2 Penthouse King Studio Apartments (600~ sqft) on the 3rd floor. The Inn Downtown has seen consistent occupancy and strong revenue, with rave guest reviews and a loyal following — inquire for historical income & expense reports. With walkability to every major downtown amenity, a short drive to the beaches, and easy access to Boston and Portland, this is not just a turnkey investment—it’s a lifestyle with upside.
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Home facts
- Year built:1809
- Listing Id #:5035853
- Added:125 day(s) ago
- Updated:August 01, 2025 at 07:15 AM
Rooms and interior
- Living area:5,136 sq. ft.
Heating and cooling
- Cooling:Wall AC
- Heating:Forced Air, Mini Split
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1809
- Building area:5,136 sq. ft.
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$5,350,000
- Price per sq. ft.:$768.68
- Tax amount:$28,658 (2024)
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