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.
For sale
$1,190,000
123 Rooming House Way, Plymouth, NH 03264
16beds
5,548sqft
:
Get pre-qualified$8,929/mo
5+ Family - Rooming House
Built in 1890
-- sqft lot
$-- Zestimate®
$214/sqft
$-- HOA
What's special
Reverse-osmosis water dispenserVinyl replacement windowsBusiness class wi-fiPremium cable
- 60 days |
- 404 |
- 13 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
The Commercial Group 978-884-5609,
Aluxety 800-806-3212,
Adeline Matton 978-884-5609
Source: MLS PIN,MLS#: 73528150
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Baseboard, Electric, Wall Unit, Propane
Cooling
- None
Appliances
- Included: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
- Laundry: Gas Dryer Hookup, Washer Hookup
Features
- Upgraded Cabinets, Upgraded Countertops, Internet Available - Fiber-Optic, Living Room, Dining Room, Kitchen, Laundry Room
- Flooring: Wood, Tile, Vinyl, Laminate
- Basement: Full,Interior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 5,548
- Total interior livable area: 5,548 sqft
- Finished area above ground: 5,548
Property
Parking
- Total spaces: 11
- Parking features: Paved Drive, Off Street, Paved
- Uncovered spaces: 11
Features
- Patio & porch: Porch
- Frontage length: 76.00
Lot
- Size: 7,405 Square Feet
- Features: Corner Lot, Sloped
Details
- Zoning: VC
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - Rooming House
Materials
- Frame
- Foundation: Other
- Roof: Shingle,Metal
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range, for Electric Oven, for Gas Dryer, Washer Hookup
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School, University
Location
- Region: Plymouth
Financial & listing details
- Price per square foot: $214/sqft
- Annual tax amount: $10,738
- Date on market: 6/2/2026
- Exclusions: Occupants Personal Items.
- Total actual rent: 0
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Listed for sale | $1,190,000$214/sqft |
Source: MLS PIN #73528150 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 03264
Nearby schools
GreatSchools rating
- 8/10Plymouth Elementary SchoolGrades: PK-8Distance: 0.8 mi
- 5/10Plymouth Regional High SchoolGrades: 9-12Distance: 0.7 mi
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